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US interest rate cut in December rises to 74.5% probability: Fedwatch

[Dec 3 2:51 AM] CME FedWatch shows the market is expecting the Federal Reserve to cut rates by 25 basis points this month, which would be the third cut this year.

Election Day Drama Won’t Be the Only Major Event in November – Here’s Why

[Oct 23 3:40 PM] With only 15 days left until the U.S. Federal Reserve’s Federal Open Market Committee (FOMC) meeting, it’s scheduled to follow just two days after the U.S. election on Nov. 7. As of now, market forecasts via CME Group’s Fedwatch tool are leaning…

Bitcoin Nears $62K as Crypto Rebounds on Jobs Report and Rate Cut Hopes

[Oct 4 2:20 PM] On Friday, the global crypto market saw a boost in value, with bitcoin (BTC) climbing 2.29%, approaching the $62,000 mark at 9:30 a.m. EDT. Ethereum (ETH) joined the upward trend, gaining a more modest 1.6%, pushing toward the $2,400 level. Bitcoin…

CME Fedwatch Favors Half-Point Cut Ahead of FOMC Meeting

[Sep 28 2:45 PM] In just 40 days, the U.S. Federal Open Market Committee (FOMC) will gather to decide whether the central bank will lower the benchmark interest rate. This pivotal moment occurs two days after the 2024 U.S. Election Day. As it stands, CME futures…

Fed’s ‘juice’ into crypto has analyst eyeing ‘trimming’ opportunities

[Sep 25 2:41 PM] The US Fed’s decision to cut interest rates was just “catching up to market expectations,” as an analyst argues a lot of the added “juice” was already priced in the riskier assets.

Fed’s 50bps Reduction Triggers $321M in Digital Asset Inflows, Coinshares Reports

[Sep 23 7:05 PM] Digital asset investment products recorded inflows of $321 million in the second consecutive week of positive activity, according to a report by Coinshares. The surge in inflows is largely attributed to the Federal Open Market Committee’s…

JPMorgan Forecasts Potential 50bps Rate Cut in November Following Recent Fed Move

[Sep 21 12:30 AM] JPMorgan Chase sees the possibility of the Federal Reserve making another significant rate cut in November, possibly by 50 basis points. The bank, which predicted this week’s half-point cut, believes further reductions are likely if the job…

Impact of Fed Rate Cuts on Crypto Markets, Bybit Executive Weighs In

[Sep 20 2:30 AM] Bybit’s head of institution has shared his insights into the possible effects of the Federal Reserve’s rate cuts on the cryptocurrency market. “We anticipate that the recent rate cut could enhance market sentiment and encourage…

Fed rate cut may be politically motivated, will increase inflation — Arthur Hayes

[Sep 19 6:22 AM] The former BitMEX boss said the Fed has acted in the interests of presidential candidate Kamala Harris. 

Crypto poised for boost if Fed cuts rate by 50 bps, says hedge fund boss

[Sep 18 6:01 AM] If the Fed cuts rates by just 25 bps, “crypto will likely fall along with that,” said CEO of crypto hedge fund Asymmetric, Joe McCann.

Markets Await Fed Decision: Bitcoin Spikes, Gold Drops, Stocks Wobble

[Sep 17 8:15 PM] Bitcoin saw its value leap to $61,331 on Tuesday, just a day before members of the U.S. Federal Reserve convene to discuss a potential rate cut for federal funds. While BTC posted a 5% gain, stock markets exhibited mixed signals, hovering near…

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…

Calm Markets: Stocks, Crypto, and Gold Show Little Movement Post CPI

[Sep 11 2:10 PM] The latest consumer price index (CPI) from the U.S. Bureau of Labor Statistics shows that inflation cooled to 2.5% in August, marking the slowest rate since 2021. Meanwhile, core CPI, which strips out the fluctuating food and energy sectors, posted…

Rising Yield Curve and Jobs Miss Add to Economic Jitters, Stocks and Bitcoin Slide

[Sep 6 5:10 PM] Equities kicked off Friday on a quiet note, with little movement as the latest U.S. labor market report unveiled a softer-than-anticipated addition of 142,000 jobs for August. The data only adds to growing recession concerns, layering on top of…

Markets Bet Big on a 25bps Fed Rate Cut—Low Odds for a Bigger Reduction

[Sep 2 4:40 PM] On Sept. 2, 2024, or roughly 16 days before the next Federal Open Market Committee (FOMC) meeting, an overwhelming majority of the market seems to be predicting the U.S. Federal Reserve to cut the federal funds rate by 25 basis points (bps) on…

Polymarket Bets 10% on 2024 US Recession, Analyst Skeptical of Rate Cut’s Impact

[Aug 25 5:30 PM] The prediction market Polymarket and CME’s Fedwatch tool suggest that a rate cut during the Federal Open Market Committee (FOMC) meeting in September is highly likely. However, BCA Research’s chief asset allocation strategist, Garry Evans, argues…

Ethereum Foundation Transfers 94 Million ETH – Price Rally To Stall?

[Aug 24 1:30 PM] Following affirmative comments of an impending rate cut by US Federal Reserve Chairman Jerome Powell, Ethereum (ETH) alongside other crypto assets experienced a rapid price gain with the total crypto market cap rising by 6% on Friday. The price of…

Bitcoin Bulls Charge Toward $62K as Fed’s Minutes Triggers Market Frenzy

[Aug 21 8:44 PM] Bitcoin’s price hit $61,838 per coin by 3:45 p.m. EDT on Wednesday, after spending much of the day lingering below the $60,000 mark. The crypto market mirrored the upward movement seen in the S&P 500 and Nasdaq, which both rallied just…

CPI Report Sparks Fed Rate Cut Hopes as Inflation Slows to 2.9%

[Aug 14 1:50 PM] On Wednesday, the U.S. Bureau of Labor Statistics rolled out its latest consumer-price index (CPI) report, revealing a 2.9% increase over the past 12 months through July—falling just short of economists’ 3% forecast. This data nudged CME…

Wharton Professor Calls for Emergency Rate Cut Following Market Downturn

[Aug 6 12:30 AM] Jeremy Siegel, a finance professor and chief economist, has called for an emergency 75 basis point cut in the fed funds rate following a market downturn. He emphasized the necessity of this cut and suggested another rate cut next month to align…

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

[Jul 30 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…

Stonex Bullion’s Analyst Predicts Gold Increase Due to Heightened Political Confusion

[Jul 23 2:30 PM] Gold prices are poised to rise due to the current political uncertainty in the United States, according to Rhona O’Connell, head of market analysis at Stonex Bullion. This comes as economic indicators suggest potential changes in monetary…

Fed Observer Jim Grant Foresees Long-Term High Rates as FOMC Meeting Approaches

[Dec 11, 2023 11:30 AM] Market participants, including both investors and traders, have their attention keenly set on the upcoming Federal Open Market Committee (FOMC) meeting, slated for Dec. 13, 2023. There is widespread speculation about whether Fed Chair Jerome Powell…

Goldman Foresees Q2 2024 Fed Rate Cut: A Boost For Bitcoin?

[Aug 14, 2023 2:00 AM] In a recent note that has caught the attention of both traditional financial markets and the Bitcoin community, Goldman Sachs economists, including the renowned Jan Hatzius and David Mericle, have made a significant prediction regarding the Federal…