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Tag: jerome powell

Bitcoin slips below $65K as Fed holds rates, hints at September cut

August 1, 2024 wp-bot Cointelegraph

Bitcoin dropped below a key price point after the US Federal Reserve decided to hold rates steady, and tensions flared up in the the Middle

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No Rate Cuts Yet: Fed Maintains Rates at Historic Highs 

July 31, 2024 wp-bot Bitcoin News

The U.S. Federal Reserve has opted to maintain the federal funds rate target range at 5.25-5.5%, according to the latest report from the Federal Open

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All Eyes on the Fed: Steady Rates Anticipated, September Reduction Likely

July 30, 2024 wp-bot Bitcoin News

The U.S. Federal Reserve is set to convene its monthly Federal Open Market Committee (FOMC) meeting to evaluate the state of the economy and determine

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Fed Chair Powell Reveals No Contact With Biden in 2 Years Amid Economic Challenges

July 10, 2024 wp-bot Bitcoin News

Amid swirling speculation in Washington D.C. about whether President Joe Biden will seek reelection in 2024 and questions about who really governs the nation, Fed

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Citi Analysts Predict 8 Weeks of Fed Rate Cuts Starting in September, Powell Seeks Evidence

July 9, 2024 wp-bot Bitcoin News

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

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Fed’s Minutes Report Cites High Inflation and Economic Risks in Decision to Hold Rates

July 4, 2024 wp-bot Bitcoin News

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

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