Federal Reserve

Federal Reserve

Markets

Fed raises rates by 25 basis points in first hike since July 2023

The widely expected move places the U.S. Federal Reserve's benchmark fed funds rate range at 3.75%-4.0%.

Fed Funds (CoinDesk)

Markets

Bitcoin traders brace for Fed hike, but a surprise hold could pose bigger risk

Bitcoin is stuck near $80,000 as traders build stablecoin positions that could return to the market once Fed uncertainty clears.

(Photo by Chip Somodevilla/Getty Images)

Markets

Fed meeting is shaping up to be a nightmare for Warsh. Bitcoin might still shine

An aggressive market expectations trap and a strict aversion to forward guidance have backed the Fed chair into a corner, where failing to deliver a hawkish message risks destroying the central bank’s inflation-fighting credibility.

Federal Reserve chair Kevin Warsh (Win McNamee/Getty Images)

Markets

No, Friday's jobs report hasn't materially boosted Fed rate hike odds

BTC fell on Friday and Treasury yields rose, but the hawkish market reaction looks overdone when compared to the largely steady Fed rate hike odds.

U.S. Federal Reserve Chair Kevin Warsh's first news conference on interest rates (Getty Images)

Markets

September Fed rate hike fears look overblown as the probability stands at just 58%, not 90%

Odds of a rate hike in September remain below 60% despite Warsh's hawkish speech on Friday. Observers downplay fears of tightening.

U.S. Fed (Jesse Hamilton/CoinDesk)

Markets

Here’s why Warsh’s Jackson Hole speech is a major event for bitcoin and gold

Warsh’s Jackson Hole speech could shape expectations for Fed support of Treasury buybacks, with implications for bitcoin, gold and long-term yields.

Fed Chair Kevin Warsh (Andrew Harnik/Getty Images)

Markets

Crypto traders brace for Fed Chair Kevin Warsh’s Jackson Hole speech

One analyst expects Warsh to take a tough line on inflation, but still sees the Fed holding off on rate hikes until at least after the November mid-term elections.

Fed Chair Kevin Warsh speaks during a news conference

Markets

September Fed interest-rate increase is 'very unlikely,' Goldman Sachs says

Soft economic data has Goldman Sachs doubting a September rate increase, offering good news for bitcoin bulls.

Goldman Sachs logo by the New York Stock Exchange floor

Markets

U.S. CPI inflation slows to 3.4% as expected, bitcoin holds near $64,000

Both headline and core inflation matched economists’ expectations, while bitcoin held near $64,000 and Treasury yields declined.

July inflation data (CoinDesk)

Markets

Bitcoin analysts agree the Fed's hold was hawkish. They are split on what happens next.

Four analysts agree the Fed's hawkish hold changes the calculus for risk assets, but they split on whether bitcoin's real test is already here or still six weeks away.

split, arrows. (Claudio Schwarz/Unsplash)