Futures markets are now pricing in a 53% chance of a 50 basis point hike and a 48% chance of a 75 basis point hike in September
Overall economic activity appears to have slowed a bit, Fed officials wrote in their statement released Wednesday, but employment remains high
Central bankers predict elevated unemployment rates, prolonged higher prices and a slowdown in economic activity going forward
Bitcoin and equities rallied late in the session, suggesting rate hikes may be mostly priced in and may not push markets down in the future
Increased concerns with rising inflation, ongoing supply chain pressures and the war in Ukraine are leading to greater financial hardships for Americans, the Fed said
Investors are likely expecting a non-aggressive approach to interest rates following Wednesday’s change, leading to a jump in markets
The total nonfarm payroll in the United States rose by 467,000 in January, far exceeding expectations
Bitcoin, ether and stocks drop after the White House accuses Russia of planning a staged attack on itself to provoke an invasion of Ukraine
Bitcoin dropped as much as 5% while ether dropped as much as 5.7% on the day
India has decided to embrace cryptocurrency and will look to create a digital rupee, signaling further adoption of the technology