FOMC
Plus, a look into ETH ETF fees and a spicy exchange from this morning’s Senate Banking Committee hearing
With the CPI having landed on the same day as last month’s FOMC meeting, there’s a lot to be learned from the meeting minutes
The Federal Reserve leaving interest rates unchanged likely prompted investors to scale back exposure to fixed-supply assets, CoinShares research head says
As market digests a rate decision that many priced in, the key figure seems to be committee members’ long-term outlook
On Wednesday, markets will receive the latest Consumer Price Index report followed by the Federal Reserve’s rate decision and projections
Analysts say the report’s impact will be short-lived since the Fed will reveal their plans before markets close
Though the fund category reeled in roughly $1.8 billion in assets from June 3 to June 7, BTC’s price dropped over the weekend
The Fed once again opted to not surprise markets on Wednesday, moving to hold interest rates
Interest rates hold steady for fifth-consecutive FOMC meeting as Fed calls for three cuts later this year
Stocks and cryptocurrencies have been on the decline since Thursday, although analysts say this week’s bad economic reads should have caused a bigger selloff
Investors are waiting to see what central bankers have to say about a remarkable strong labor market and sticky inflation
Markets dipped during Powell’s Wednesday press conference but recovered Thursday to around pre-rate decision levels
The Fed opts to hold rates for a fourth consecutive time, citing high job openings and slightly improving inflation
The 30-day estimate for the world’s largest digital asset has fallen to just 0.74%, bitcoin’s lowest realized reading since Jan. 16
The central bank is not yet done increasing interest rates, minutes from last month’s meeting reveal
Crypto and equities dipped lower Wednesday after the central bank said interest rates wouldn’t be budging
Central bankers see more interest rate hikes, and recent economic data backs them up
While not a definitive indicator of market sentiment, open interest in futures markets can help shape expectations around the forward price of an underlying asset
If Powell and the committee signal a forthcoming pause in interest rate hikes, markets will react favorably, but a hawkish stance will likely send shares plummeting again
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