The central bank has been weighing jobs data and other indicators as it considers an interest rate decision that could affect crypto prices.
Fed cuts rates by 25 bps to 3.75–4% and confirms QT will end by December, sending Bitcoin lower as traders price in more ...
The Fed lowered its target rate to a range of 3.75% to 4%, down one-quarter percentage point. It followed a quarter-point cut ...
A divided U.S. Federal Reserve cut interest rates by a quarter of a percentage point on Wednesday and announced it will ...
The move comes amid a fraught time for the central bank, with hiring sluggish and yet inflation stuck above the Fed’s 2% ...
The Federal Reserve is cutting its short-term rate Wednesday for the second time this year despite an increasingly cloudy view of the economy it is trying to influence.
The 25-basis-point cut marks the second consecutive meeting where the Fed eased monetary policy after holding rates flat ...
U.S. stocks were not far from all-time intraday highs on Wednesday immediately after Federal Reserve officials cut their ...
Headed lower on Wednesday ahead of the news, bitcoin remained so in the minutes following the news at $111,700, down 3% over ...
After a two-day meeting of its monetary policy committee in Washington, D.C., the Fed announced it would cut interest rates again.
The rate cut could gradually reduce costs for mortgages, credit cards, auto loans, and business borrowing, offering some relief to consumers and companies.
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