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Bitcoin breakout ‘likely no later’ than Jan FOMC meeting: 10x Research

[Jan 15 3:49 AM] Bitcoin’s price is primed for a breakout before the end-of-month FOMC meeting, but it could go either way, says a crypto analyst.

Bitcoin’s Rough September Price History Raises Questions for 2024

[Aug 27, 2024 5:10 PM] As August draws to a close with just four days left, bitcoin has slipped by 2.74% this month, leaving market watchers eager to see if September will bring better news. History hasn’t been kind to bitcoin in September; over the past 11 years…

Fedwatch Tool and Polymarket Indicate Strong Odds for September Rate Cut

[Aug 18, 2024 5:30 PM] Right now, the market is leaning towards the U.S. Federal Reserve lowering the benchmark interest rate at the Sept. 18, 2024, Federal Open Market Committee (FOMC) meeting. The CME Fedwatch tool currently indicates a 75% likelihood of a…

Fedwatch Tool and Polymarket Point to Highly Probable Rate Cuts by the Fed

[Aug 6, 2024 4:05 AM] Following the recent volatility in global equity markets, some analysts suggest that the U.S. Federal Reserve might implement an emergency rate cut before September. In addition, market predictions are leaning toward a rate cut at the September…

Crypto Fear and Greed Index Shows ‘Greed’ Despite Bitcoin’s Price Drop

[Jul 31, 2024 4:03 PM] While bitcoin briefly reached the $70,000 mark on July 29, the price has since declined. Over the past week, BTC has decreased by 0.6%. During the last 18 days, the Crypto Fear and Greed Index (CFGI) has transitioned from “extreme…

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

[Jul 30, 2024 10:06 PM] 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 if the central bank should adjust the federal funds rate. The prevailing market sentiment…

3 reasons why Pepe poised for another 70% jump by July

[Jun 12, 2024 5:46 AM] PEPE’s rising wedge pattern, rising whale accumulation and increasing rate cut bets could boost the memecoin’s price in June.

Federal Reserve Holds Rates Steady Amid Inflation Concerns; Outlook Remains ‘Uncertain’

[May 1, 2024 12:56 PM] On Wednesday, May 1, 2024, the U.S. Federal Reserve chose to maintain the benchmark interest rates at their highest in 23 years. The Federal Open Market Committee (FOMC) members noted that although inflation has subsided, it still “remains…

Goldman Sachs Expects Fed to Start Cutting Interest Rates in Q2 Next Year

[Aug 15, 2023 12:30 AM] Goldman Sachs has predicted that the Federal Reserve will start cutting interest rates in the second quarter of next year. The global investment bank’s economists also expect the Fed officials to forego hiking rates at their upcoming meeting…

End of Fed’s Tightening Cycle: Bernanke, Majority of Polled Economists See Terminal Rate Hike Ahead

[Jul 23, 2023 3:30 PM] With just a four-day window to go, the U.S. Federal Reserve appears primed to raise the federal funds rate by 25-basis-points (bps) at the forthcoming Federal Open Market Committee (FOMC) meeting scheduled for Wednesday. The market presently…

Anticipation Builds as US Central Bank Eyes Two More Rate Hikes, Targeting 5.6% by Year-End

[Jun 20, 2023 9:30 AM] After the U.S. central bank refrained from boosting interest rates last week, investors now anticipate two more hikes that may elevate the federal funds rate to 5.6% by the year’s end, climbing 50 basis points (bps) from its present level…

Fed Pauses Interest Rates After 10 Consecutive Hikes; Committee Likely to Raise Rates ‘Somewhat Further’ This Year

[Jun 14, 2023 1:20 PM] In accordance with market predictions, the U.S. Federal Reserve decided to halt its rate hike this month after ten consecutive hikes since last year. The members of the Federal Open Market Committee (FOMC) asserted that the U.S. banking system is…

US Inflation Cools to 4% Annual Rate, Setting Stage for Fed’s Decision on Interest Rates

[Jun 13, 2023 10:30 AM] The U.S. Bureau of Labor Statistics’ consumer price index (CPI) report, released on Tuesday, reveals that inflation in the United States has eased to a yearly rate of 4%. The latest development arrives just ahead of the upcoming Federal Open…

Economist Larry Summers Urges Fed to Consider Half-Point Rate Increase in July

[Jun 3, 2023 3:30 PM] Larry Summers, the American economist and former U.S. Treasury Secretary, believes that should the U.S. Federal Reserve refrain from increasing the benchmark interest rate this month, a half-point rate hike may be necessary for July. As per the CME…

Market Outlook: CME Fedwatch Tool Points to Increased Chance of June Rate Hike

[May 26, 2023 8:30 AM] According to the CME Group Fedwatch tool on Thursday, there was a 51% probability of a quarter-point rate increase during the upcoming Federal Open Market Committee (FOMC) meeting on June 14. Just a fortnight ago, the Fedwatch tool indicated a slim…

Biden Appoints New Fed Vice Chair as Fedwatch Tool Shows Slim Chance of Rate Hike at June Meeting

[May 14, 2023 11:30 AM] Investors believe it is highly likely that the target rate will remain unchanged at the June 14 Federal Open Market Committee (FOMC) meeting, following the U.S. Federal Reserve’s decision to increase the federal funds rate by 25 basis points…

US Central Bank Expected to Raise Lending Rate by 25bps: Experts Predict Final Hike of 2023

[Apr 30, 2023 10:00 AM] After the most recent increase in the federal funds rate, the U.S. Federal Reserve is set to raise the lending rate by 25 basis points (bps) to 5.25% in three days, according to expectations. A recent poll of 105 economists revealed that 94 of them…

Market Strategist Warns of ‘Blood’ on February 1 Ahead of Fed Meeting

[Jan 29, 2023 2:30 PM] Stocks, precious metals, and cryptocurrencies rallied during the first month of the year, and market strategists are saying that markets could retract in the near future if the U.S. Federal Reserve keeps hiking rates and maintaining a broader…

Federal Reserve Hikes Rate by 50bps, FOMC Signals Rate to Rise to 5.1% Next Year

[Dec 14, 2022 3:00 PM] The U.S. central bank’s Federal Open Market Committee (FOMC) convened on Wednesday and raised the federal funds rate by 50 basis points (bps). The 0.5 percentage point rise follows the four consecutive three-quarters of a point increases…