Federal Reserve


Videos

Bitcoin's Price Briefly Tops $43K as Federal Reserve Signals Rate Cuts Next Year

Bitcoin (BTC) briefly broke above the $43,000 level in the last 24 hours, as the Federal Reserve signaled interest rate cuts for next year. NewEdge Wealth senior portfolio strategist Ben Emons shares his reaction to the central bank holding its benchmark fed funds rate range steady for the third consecutive time, along with his outlook on the cryptocurrency markets.

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Markets

Federal Reserve Holds Policy Steady, but Indicates More Dovish 2024

Market participants will look to Fed Chair Jerome Powell's post-meeting press conference for additional signs about the direction of future policy.

Fed Chair Jay Powell is set to speak after the central bank held policy steady (Helene Braun/CoinDesk)

Markets

Goldman Sachs Sees Fed Delivering First Rate Cut in Q3 2024: Reuters

The Fed's benchmark interest-rate range is currently 5.25% to 5.5%.

The Federal Reserve building in Washington, D.C. (Jesse Hamilton/CoinDesk)

Markets

Bitcoin Dips as U.S. November Job Growth of 199K Tops Estimates

Anticipating a slowdown in the economy and easier Fed monetary policy, investors have sharply bid down interest rates in the weeks leading up to this morning's numbers.

The U.S. government released its latest jobs figures Friday (David McNew/Getty Images)

Markets

Bitcoin ETFs Got BTC Surging, but Tumbling Interest Rates Have Helped, Too

The abrupt recent turn in expectations for Federal Reserve monetary policy has helped asset prices across the board.

Lower rates may be behind bitcoin's big move (© Eugene Mymrin)

Markets

Bitcoin Pushes Above $37.7K on Dovish Comments From Fed's Waller

The typically hawkish Fed governor said rate cuts could be on the agenda if inflation continues to decline.

U.S. Federal Reserve Board Governor Christopher Waller (Sarah Silbiger/Getty Images)

Markets

Fed Likely to Be Most Dovish Central Bank in 2024, Research Shows

Traders expect the Fed to cut rates by 100 basis points next year, weakening the dollar and incentivizing risk-taking in crypto and traditional markets.

(Jesse Hamilton/CoinDesk)

Markets

Fed Minutes Release May Be a Non-Event for Bitcoin

The minutes of the Nov. 1 Fed meeting may be outdated, given the post-meeting softness in economic data and resulting expectations for renewed interest-rate cuts in 2024.

(Jesse Hamilton/CoinDesk)

Videos

BlackRock's Spot Bitcoin ETF Filing 'Will Get Approved,' Mark Yusko Predicts

The crypto market has bounced back this year, with bitcoin (BTC) doubling in value amid spot ETF excitement and dovish Federal Reserve expectations. Morgan Creek Capital Management CEO and CIO Mark Yusko discusses the potential factors driving the crypto rally and the impact of stablecoins. Plus, why he thinks BlackRock's spot bitcoin ETF application will be approved.

Recent Videos

Policy

U.S. CBDC Is Unlikely in the Near Term: Bank of America

The Federal Reserve continues to pilot a central bank digital currency, but will not issue one without executive branch and Congressional support, the report said.

(Jesse Hamilton/CoinDesk)