Federal Reserve


Markets

Bitcoin Jumps Most in 6 Months as Hopes for 2023 Rate Cut Persist

ING expects a rate cut in June 2023 followed by further easing in the second half of the year.

Bitcoin se dispara 7% a medida que las expectativas de inflación disminuyen. (CoinDesk, Highcharts.com)

Markets

Federal Reserve to Act 'Forthrightly, Strongly' Until Inflation 'Job Is Done,' Powell Says

The U.S. central bank is expected to raise its benchmark interest rate by another 75 basis points this month.

Federal Reserve Chair Jerome Powell during his speech September 8, 2022 (Cato Institute)

Policy

House Republicans Want Answers From Fed on Digital Dollar

Rep. Patrick McHenry and others from the House Financial Services Committee sent a letter demanding clarity from Fed Vice Chairwoman Lael Brainard on the topic.

Federal Reserve Governor Lael Brainard (Drew Angerer/Getty Images)

Finance

Fed Vice Chair Brainard Calls for Crypto-Specific Regulations, Notes Stablecoin Risks

While crypto "has all the same risks that we’re very familiar with from traditional finance,” its quirks need tailored solutions, Lael Brainard said.

Federal Reserve Governor Lael Brainard (Drew Angerer/Getty Images)

Markets

Hawkish Fed Chatter Has Wall Street Betting on Big Rate Hike, Crypto Traders Shorting Bitcoin

Some of the central bank's officials want to see "several months" of low inflation to gain confidence that price pressure is easing.

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Policy

Crypto Oversight Should Resemble Traditional Bank Rules, Fed Official Says

Fed Vice Chair for Supervision Michael Barr said crypto activity needs similar oversight to traditional bank activities, in his first speech since taking office.

Fed Vice Chair for Supervision Michael Barr (Tasos Katopodis/Getty Images)

Markets

Bitcoin Dips Below $19K, Hitting Lowest Point in Two Months

The price fell to $18,680 on Tuesday, a point not seen since late June.

Bitcoin price chart shows a big drop on Tuesday. (CoinDesk)

Markets

The Fed Wants You to Lose Money in Stocks and Probably Crypto, Too

Monetary policy works through financial conditions, including equities and consequently crypto, which has been highly correlated with the equity market.

Federal Reserve Chair Jerome Powell will speak at a press conference after this week's FOMC meeting. (Federal Reserve via Wikimedia Commons)

Markets

US Job Growth Slowed in August; Bitcoin Gains

The report is one of the last major economic data points the Federal Reserve will see before its September monetary policy meeting.

Binance, Kraken y Polygon están contratando mientras el mercado está en baja. (Clem Onojeghuo/Unsplash)