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Federal Reserve
The Federal Open Market Committee (FOMC) will meet on Wednesday, September 18, for what can be the first interest rate … Continue reading
The post Here’s Bitcoin’s trading plan for this week; Interest rate cut incoming appeared first on Finbold.
Bitcoin price on Sept. 13 (CoinDesk)
Markets are rallying as might be expected on a new rate cut cycle, but crypto continues to struggle.
A decent jobs report last week and speedier than expected inflation data this week had most assuming the U.S central bank would initially proceed cautiously as it begins a monetary easing cycle.
With one week left to the Federal Open Market Committee (FOMC) meeting on September 18, finance traders and investors wonder … Continue reading
The post Meta AI predicts US Dollar next move ahead of Fed’s interest rate cut appeared first on Finbold.
Prior to this report, the Fed was widely expected to trim its benchmark lending rate by 25 basis points at its policy meeting next week.
The Fed is expected to begin its much-anticipating rate-cutting cycle from next week.
The U.S. central bank has indicated it will cut rates at its mid-September meeting, but the size of the move is up for debate.
Customers Bank, which has done business with several of the most prominent crypto firms, has been called out by the U.S. Federal Reserve for inadequately policing illicit activity, particularly with digital asset clients.