Hammack said the Federal Reserve is not involved in bitcoin, but is concerned about the development of cryptocurrencies.
On October 17, Goldman Sachs said that we expect the Federal Reserve to cut interest rates by 25 basis points in a row between November 2024 and June 2025, and the final interest rate range will reach 3.25% -3.5%; the European Central Bank is expected to cut interest rates by 25 basis points in October, and will cut interest rates by 25 basis points in a row thereafter until the policy rate reaches 2% in June 2025.
Investors are betting that the Federal Reserve will cut interest rates sharply this week, but they are likely to be disappointed because the performance of the U.S. economy simply does not warrant an aggressive rate cut. According to the CME's Fed Watch tool, current U.S. interest rate futures prices suggest a 65% chance of a 50 basis point rate cut and a possible 116 basis point cut this year. However, a flurry of economic data on Tuesday prompted the Atlanta Fed to change its forecast for U.S....
Dimon, chief executive of JPMorgan Chase, said the Fed would cut interest rates, but not "earth-shattering".
The sharp drop in crude oil or the accelerated decline in inflation will not be ignored by the Federal Reserve. Harris seems to have "won", but the market still has to wait for 48H > >
Bitfinex released a report saying, "This month's Federal Reserve interest rate decision is expected to significantly affect the short-term volatility and long-term trend of Bitcoin. Bitcoin has risen by more than 32% since the beginning of August, mainly driven by traders' expectations that the Federal Reserve will...
Thursday at 2:00 a.m., what is the Federal Reserve's interest rate decision looking at? Keep this interest rate cut trade book
The current market expectations that the Federal Reserve will cut interest rates nearly twice this year may be overblown.