Wall street muted after Fed’s 25 bps cut, expect two cuts by year-end The U.S. Federal Reserve made its first interest rate cut of the year, lowering the federal funds rate by 25 basis points. In an 11:1 vote that signaled less dissent... Stacy Pereira — 3 days ago
No cuts: Fed holds interest rates steady amid elevated inflation In a widely anticipated move, the U.S. Fed has decided to maintain the target interest rate between 4.25 percent to 4.50 percent owing to the elevated Inflation range in the... Radhika Parashar — 1 month ago
Jerome Powell confirms crypto greenlight for U.S. banks Federal Reserve Chair Jerome Powell announced that U.S. banks may now freely engage with cryptocurrency firms and digital asset investors, marking a significant shift in regulatory tone. In testimony before... Nazia Saeed — 2 months ago
Bitcoin unmoved as Powell holds rates steady, two more cuts slated for 2025 Federal Reserve Chairman Jerome Powell addressed journalists at a press conference after the Federal Open Market Committee concluded its policy meeting. He informed that the FOMC will leave rates unchanged. Powell... Johann Wilfred — 3 months ago
