Interest Rates

Interest Rates

Markets

Goldman pivots, now forecasts Fed rate hike in October

The Fed is likely to raise rates by 25 basis points in October, Goldman said, drawing attention to Fed's own hawkish near term rate projections.

Goldman Sachs is planning to invest tens of millions of dollars in crypto firms. (Chris Hondros/Getty Images)

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$300K BTC by 2030?

$300K BTC by 2030?

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

News Analysis

The stablecoin yield clash that won't go away has banks, crypto battling over tradition

The bankers want people kept in lower-yield deposits for the good of the financial system as it's existed for generations, and their argument is gaining ground.

JPMorgan Chase & Co. HQ in NYC (Getty Images)

Markets

Bitcoin's recent drop below $60,000 signals Fed, ETF and AI pressures: Deutsche Bank

Bitcoin's slump to its lowest level since late 2024 reflects a hawkish Federal Reserve, exchange-traded fund outflows and a shift of capital into AI, the bank said.

Trading screen

Markets

Bitcoin faces near-term pressure as liquidity tightens, Hilbert Group CIO says

Russell Thompson warned of a sharp tightening in global liquidity that could weigh on risk assets and bitcoin in the near term, before expected U.S. policy action provides relief.

U.S. Federal Reserve headquarters in Washington (Jesse Hamilton/CoinDesk)

Markets

How the war in Iran and trader positioning could be behind the surge in Circle's stock

Shares were up another 9.7% on Monday, bringing them nearly to double over the past month.

Circle logo in front of a building

Markets

Federal Reserve holds policy steady as early rate cut bets vanish and bitcoin stalls

The January Fed rate decision capped a sharp reversal in easing expectations, likely among the reasons for crypto's poor price performance.

Federal Reserve logo highlighted on a U.S. banknote (joshua-hoehne/Unsplash/Modified by CoinDesk)

News Analysis

Rick Rieder, a rising favorite for Trump's Fed chair pick, sees bitcoin as new gold

As Trump mulls the next leader of the U.S. Federal Reserve, the BlackRock executive has caught a surge of online wagers, and he'd bring a pro-crypto view.

Rick Rieder of BlackRock (Cindy Ord/Getty Images for Yahoo)

Markets

Fed’s Hammack tilts hawkish on rates, questions CPI drop as distorted

"My base case is that we can stay here for some period of time," Cleveland Fed President Beth Hammack told the WSJ.

Beth Hammack