Fed Holds Rates Steady, Cuts Growth Outlook, Raises Inflation Forecast
The U.S. central bank continues to expect the fed funds rate to end 2025 at 3.9%, or roughly two rate cuts by year-end.
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The U.S. central bank continues to expect the fed funds rate to end 2025 at 3.9%, or roughly two rate cuts by year-end.
Fed Chair Jerome Powell’s speech later today could shake up markets as he will face questions about the central bank’s outlook on monetary policy and inflation after Donald Trump’s decisive win of the U.S. presidential election.
Bitcoin may have outperformed stocks in the aftermath of the Federal Reserve’s decision to lower interest rates on Wednesday, but the true winners in the crypto universe are altcoins.
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.
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.
The price action happened as Iran’s leadership reportedly ordered retaliatory attacks against Israel, increasing concerns about a broader conflict in the Middle East.
Fed Chair Jerome Powell (Helene Braun/CoinDesk)
Tomorrow’s Fed “dot plot” of interest rate projection and forward guidance by Chairman Powell will be key for what’s next for the digital asset market, K33 Research said.
Bitcoin will likely trade in a range between $60,000 and $70,000 through the next few months, the former BitMEX CEO said.
Policymakers forecasted Wednesday they would lower interest rates to 4.6% by year-end, similarly to their December projection.