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.
The minutes of the Nov. 1 Fed meeting may be outdated, given the post-meeting softness in economic data and resulting expectations for renewed interest-rate cuts in 2024.
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 Manag...
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.
Vice Chairman Michael Barr argued that the Fed needs regulatory and enforcement authority over stablecoin issuers – a point of contention in the debate over legislation.
The price of bitcoin (BTC) nearly reached $36,000 in the last 24-hours. This comes as the Federal Reserve left interest rates unchanged for a second straight time. Tactive Wea...
Market participants will now turn to Fed Chair Jerome Powell's post-meeting press conference to glean insight into the future path of U.S. central bank policy.