Bitcoin price is trading near $77,000 ahead of today’s Federal Reserve decision after another attempt to reclaim $80K lost momentum. Rising Treasury …
Fed
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Finance
Fed data shows hedge funds added $400 billion before Bitcoin’s September rate test
by shayaanby shayaanNewly released Federal Reserve data show domestic hedge funds expanded their gross balance sheets during the second quarter, months before the central …
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Gold buyers just got a reminder of how quickly a single inflation report can shift the mood in the metals market. Prices …
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Scams
Wall Street Bets on Fed Rate Hike: Here’s What It Means for Bitcoin, Bonds and Trump
by shayaanby shayaanIn brief CME’s FedWatch tool puts the odds of a 25-basis-point hike Wednesday at 94.5%, which would push the federal funds rate …
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Finance
20 Wall Street Banks Update Their Fed Rate Forecasts—Here’s the New List
by shayaanby shayaanThe fact that August inflation data in the US came in slightly above expectations quickly strengthened expectations of a Fed interest rate …
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The Federal Reserve is heading toward a major policy test as markets now see an 87% chance of a rate hike at …
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Goldman Sachs late Friday became the last of the major banks to retract its forecast of no rate hike next week. www.coindesk.com
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Markets
Core CPI rose a faster-than-forecast 0.3% in August, setting up possible Fed rate hike
by shayaanby shayaanThe August CPI report had taken on outsized importance after Fed Chair Kevin Warsh two weeks ago suggested the central bank may …
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Finance
Core CPI rose a faster-than-forecast 0.3% in August, setting up Fed rate hike
by shayaanby shayaanU.S. inflation data in August came in broadly in line with estimates, but the core rate rose faster than expected, putting a …
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Traders could look past an expected Fed hike and weigh what higher rates are signaling about the economy. www.coindesk.com