Analysts from Citi, the American multinational investment bank and financial services corporation, predict the U.S. Federal Reserve will begin reducing rates by September, totaling a
Read moreFed’s Minutes Report Cites High Inflation and Economic Risks in Decision to Hold Rates
According to the minutes from the Federal Reserve’s Federal Open Market Committee (FOMC), the choice to maintain the federal funds rate in its current range
Read moreBitcoin Dips to $56,952 as Market Reacts to Mt Gox and German BTC Moves
On Thursday, July 4, 2024, the price of bitcoin fell below $57,000, reaching a low of $56,952 at 5:20 a.m. EDT. There is widespread speculation
Read moreIMF Advises US to Keep Interest Rates Steady Through Late 2024
The International Monetary Fund (IMF) has advised the U.S. to improve its fiscal position by reducing spending and increasing revenues. The IMF emphasizes addressing rising
Read moreAnalyst targets $91.5K Bitcoin next despite Fed’s ‘hawkish tone’
Pseudonymous analyst CryptoCon is confident Bitcoin will surge 25% above current all-time highs — its next big “step” before cracking the cycle’s top of $123,982.
Read moreUS Senators Urge Federal Reserve to Cut Interest Rates — Warn Fed Policy Threatens Economy, Risks Recession
Three U.S. senators have urged Federal Reserve Chair Jerome Powell to cut interest rates, arguing that high rates stifle the economy and raise housing and
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