Cleveland Fed President Rejects Rate Cut as Bitcoin Dips Below $113K
Cleveland Fed's president, Beth Hammack, states the current data does not support lowering interest rates, impacting Bitcoin pricing.
Recent in
Cleveland Fed's president, Beth Hammack, states the current data does not support lowering interest rates, impacting Bitcoin pricing.
The Fed's recent meeting minutes reveal concerns over inflation risks, dampening a brief recovery in the cryptocurrency market.
During a recent speech in Jackson Hole, Fed Governor Chris Waller reassured that innovations in digital assets are not to be feared.
Cryptocurrency values, including Bitcoin and Ether, have fallen sharply as traders await key updates from the Federal Reserve.
Michelle Bowman, the new vice chair for supervision at the Federal Reserve, encourages banks to adopt a forward-thinking approach towards cryptocurrency.
Recent shifts in market volatility suggest expectations of lenient monetary policies and economic consistency, with cautionary notes from analysts on potential risks ahead.
The U.S. Federal Reserve has officially dissolved its specialized program intended for overseeing banks' involvement in cryptocurrency.
An overview of recent developments in the cryptocurrency market as Bitcoin reaches an all-time high and global economic factors come into play.
U.S. inflation data has led to increased expectations for a Federal Reserve rate cut, contributing to Ethereum's rise.
Data reveal a mixed inflation report for July, with the core rate rising faster than anticipated, leaving markets awash in speculation about a Federal Reserve rate cut.
Bitcoin prices surge following Donald Trump's nominations and new retirement plan inclusions for cryptocurrencies.
Bitcoin remains stable at $118,000 as the Federal Reserve keeps its interest rates steady without cuts, despite external pressures from the Trump administration. This report also discusses the best cryptocurrencies to invest in under current market conditions.
Rumors intensify regarding a potential shake-up in Federal Reserve leadership as Bitcoin surpasses $120,000 for the first time.
Trump criticizes Fed Chair Powell for high interest rates, prompting speculation on Bitcoin's future as it recently surpassed $112,000.
Jerome Powell's cautious monetary policy faces drastic scrutiny as key political figures challenge his leadership, raising succession rumors.
The latest employment report from the U.S. shows a significant increase in jobs, altering expectations for Federal Reserve monetary policy.
In a recent testimony, Fed Chair Jerome Powell emphasized the central bank's patience regarding changes in monetary policy amidst some dissent within the ranks.
The Federal Reserve has eliminated the 'reputational risk' stipulation, simplifying banking for cryptocurrency firms and promoting better access to traditional financial services.
As Federal Reserve Chairman Jerome Powell prepares to testify, markets are closely watching for insights on interest rates and inflation amid evolving geopolitical pressures.
Bitcoin's value remains steady above $104,000 as Federal Reserve projects stagnant economic growth and rising inflation.
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