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CME Futures and Polymarket Predict Jumbo 50bps Rate Cut – Will the Fed Deliver?

[Sep 16 6:05 PM] As the U.S. central bank members prepare for their meeting on Wednesday, just a day ago, the likelihood of a 25-basis point (bps) rate cut versus a 50bps cut was evenly split at 50-50. Fast forward to today, and the odds are now tipping in favor of…

Fedwatch Tool Shows 50-50 Chance for 25bps or 50bps Cut Before FOMC

[Sep 15 2:30 PM] The market is holding out hope for a bigger rate cut as the Federal Open Market Committee (FOMC) prepares to meet on Wednesday. Predictions from Polymarket and CME’s Fedwatch tool suggest there’s a growing expectation that a 50 basis points…

Fed Rate Decision Looms as Market Predicts 25bps Cut With 87% Probability

[Sep 12 4:30 PM] With just six days to go before the U.S. Federal Reserve’s Federal Open Market Committee (FOMC) meeting, the likelihood of a 25 basis points (bps) rate cut is growing stronger by the day. The possibility of a 50bps cut remains slim, though it still…

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

[Jul 9 9:31 AM] 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 200 basis points (bps) cut over the next eight Federal Open…

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

[May 1 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…

Markets Tumble as Fed Rate Cut Expectations Diminish

[Apr 3 8:35 AM] Attention is riveted on the Federal Reserve’s assembly set for May 1, with widespread anticipation that the U.S. central banking authority might lower the federal funds rate at this juncture of the year. Currently, market forecasts suggest a…

Powell: Economy Progresses but Inflation Still ‘Too High’ to Adjust Benchmark Rate

[Mar 20 1:30 PM] On Wednesday, March 20, 2024, the Federal Open Market Committee (FOMC) declared that there will be no change to the federal funds rate for the time being. The committee emphasized its intention not to lower the target rate until there is…

Fed Maintains Interest Rates, Seeks ‘Greater Confidence’ on Inflation Goal; Bitcoin and Gold Hold Steady

[Jan 31 2:30 PM] On Wednesday, Jan. 31, 2023, the U.S. Federal Reserve opted to maintain the federal funds rate unchanged. The Federal Open Market Committee (FOMC) additionally stated that the committee “does not expect it will be appropriate to reduce the…

Morgan Stanley’s Chief Economist Predicts Rate Cuts ‘This Year’ as Market Eyes Federal Reserve’s Next Move

[Jan 8 12:30 PM] This year, mirroring last year’s speculation, market observers are keenly awaiting decisions from the U.S. Federal Reserve concerning the federal funds rate, with a particular focus on potential rate cuts this year. Ellen Zentner, Morgan…

Federal Reserve Raises Federal Funds Rate by 25bps Amidst Moderate Economic Growth

[Jul 26, 2023 12:45 PM] In the latest Federal Open Market Committee (FOMC) report, it was stated that the U.S. economy has been experiencing moderate growth and members of the committee have decided to raise the federal funds rate by 25 basis points (bps) in order to keep…

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…

JPMorgan CEO Jamie Dimon Calls 2023’s Banking Fiasco a ‘Mini Crisis’, Foresees Consumer Savings Depleted by Year’s End

[Jul 15, 2023 10:00 AM] Four days ago, JPMorgan Chase CEO Jamie Dimon was interviewed by The Economist and he discussed the recent U.S. banking disaster that occurred last March. At that time, the public witnessed the second, third, and fourth largest bank failures in…

2 Rate Hikes or Hold? Fed Predictions Vary From No Rate Hikes to 6% in 2023

[Jul 3, 2023 2:00 PM] Based on projections from the U.S. Federal Reserve, it is anticipated that the central bank will implement two additional increases to the federal funds rate within the span of 2023. As indicated by Fed policymakers, they estimate the benchmark…

San Francisco Fed President Deems 2 Rate Hikes in 2023 ‘Reasonable,’ Urges Caution in Monetary Policy

[Jun 25, 2023 4:30 PM] Mary Daly, the president of the San Francisco Federal Reserve Bank, expressed her views this week, stating that she believes two additional rate hikes this year would be appropriate. However, she maintains a neutral stance regarding the forthcoming…

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…

Silver Set to Shine: Citigroup Analysts Forecast $30 Value in Next 6-12 Months

[May 25, 2023 8:30 AM] Citigroup analysts foresee a significant increase in silver’s value, potentially hitting $30 per unit within the next 6-12 months, according to the multinational bank’s latest silver assessment. The experts at Citi predict an ongoing…

Morgan Stanley Strategist Warns of Equities Sell-Off in Response to ‘Hawkish’ Fed Message

[May 2, 2023 8:00 AM] On Monday, Morgan Stanley’s equity strategist, Michael Wilson, shared his thoughts on the state of Wall Street. He expressed his belief that a sell-off could be imminent, and that this could occur as a result of U.S. Federal Reserve chairman…

US Consumer Price Index Rises 0.1% in March, Annual Inflation up 5% From Last Year

[Apr 12, 2023 8:31 AM] On Wednesday, the U.S. Bureau of Labor Statistics published the Consumer Price Index (CPI) report, which noted that inflation rose 0.1% last month in March and 5% from a year ago. Annual inflation has dropped for nine consecutive months following…

Economists Expect the Fed to Reveal Another 25bps Rate Hike Before Pausing for the Rest of 2023

[Apr 10, 2023 8:00 AM] After the March rate hike by the Federal Reserve, economists believe that the recent move by Saudi Arabia and several members of the Organization of the Petroleum Exporting Countries (OPEC) to cut oil production could complicate the central…

Federal Reserve Hikes Rates by 25 Basis Points

[Mar 22, 2023 12:05 PM] Recent bank failures had market participants questioning if the U.S. central bank would follow through with its previous intention to further tighten monetary policy.

White House Says Biden Has ‘Confidence’ in Fed Chair Powell While Fedwatch Tool Predicts a 25bps Hike This Week

[Mar 21, 2023 7:39 AM] With the Federal Open Market Committee convening on Wednesday and the recent financial troubles facing the U.S. banking system, White House press secretary Karine Jean-Pierre said President Joe Biden has “confidence” in Federal Reserve…

Federal Investigators Probe Silicon Valley Bank Collapse; SVB and Top Execs Sued by Shareholders

[Mar 14, 2023 1:30 PM] The parent company of Silicon Valley Bank, SVB Financial Group, and two senior executives have been sued by shareholders after SVB’s collapse last Friday. The proposed class action accuses SVB of hiding the fact that interest rate hikes would…

US Inflation Data Eases Concerns; Crypto Economy Jumps 11% Higher While Market Analysts Anticipate Fed’s Next Decision

[Mar 14, 2023 11:30 AM] The U.S. Labor Department released the consumer price index (CPI) report on Tuesday. Although inflation increased in February year-over-year, the rise was expected, and the annual inflation rate for all items was 6%. The cooling inflation has eased…

US Inflation Remains Higher Than Expected, Raising Concerns Among Investors

[Feb 14, 2023 11:00 AM] U.S. inflation levels dropped slightly in January, sliding from 6.5% to 6.4%. However, inflation remains higher than expected, causing concern among investors that the U.S. central bank will continue to hike the benchmark federal funds rate…

Crypto market cap jumps $40B as Fed chair Powell hints at 'disinflation'

[Feb 1, 2023 6:53 PM] While the rate increase was expected by the markets and Powell indicating more increases will come, the market seems to have reacted positively to the latest FOMC speech.

Federal Reserve Raises Benchmark Interest Rate by 0.25%, Disinflationary Process ‘Early,’ Says Powell 

[Feb 1, 2023 2:30 PM] The U.S. Federal Reserve raised its benchmark federal funds rate by 0.25% on Wednesday after markets priced in near 100% certainty the Federal Open Market Committee (FOMC) would codify the quarter-point increase. The FOMC statement further detailed…

Uncertainty Surrounds Federal Reserve’s Future Plans for Rate Hikes

[Jan 9, 2023 9:00 AM] The U.S. Federal Reserve has raised the benchmark bank rate seven times during the course of 2022, leading many to question when the central bank will cease or change course. The Fed has stated that it aims to bring inflation down to the 2% target…

Top 3 Macroeconomic Events to Watch in 2023 Amid Volatile Market Conditions

[Jan 1, 2022 1:00 PM] 2022 was a tough year for crypto assets, and as the world welcomes 2023, the macroeconomic backdrop remains uncertain. Macroeconomic events will continue to shape the crypto economy and the economy as a whole. This editorial takes a look at the top…

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…