Interest Rates

Interest Rates

Markets

Inflation Still Too High — Fed's Jeff Schmid Explains His Vote Not to Cut Rates This Week

The Kansas City Fed President said lower rates can't do a lot to improve what he calls "structural changes" in the labor market.

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

Markets

Fed Delivers Expected 25 Basis Point Rate Cut as Markets Await Powell’s Comments

Headed lower on Wednesday ahead of the decision, bitcoin remained so in the minutes following the news at $111,700, down 3% over the past 24 hours.

Jerome Powell speaking at podium

Markets

Emerging 'Cockroaches' in TradFi Sting Bitcoin, but Fed Response Could Be Bullish

Regional banks are sharply lower on credit worries on Thursday, pulling broader markets and bitcoin down alongside.

A trader slumps at his desk in front of chart screens (Getty Images+/Unsplash)

Markets

Asia Morning Briefing: QCP Says Global Liquidity, Not Fed Cuts, Is Powering the Market

QCP Capital’s latest note says global markets are pivoting from rate sensitivity to liquidity dependence.

Fed Chair Jerome Powell Speaking on Sept. 17, 2025 at FOMC Press Conference

Markets

Fed Cuts Rate in 'Risk Management' Move as Bitcoin Eyes Possible Upside

The U.S. central bank lowered its benchmark rate range by 25 basis points to 4%-4.25%, citing softening labor markets and economic uncertainty.

Fed Chair Jerome Powell adjusts his glasses at a press conference.

Markets

Rising Jobless Claims Eclipse Inflation Data as Recession Fears Resurface

Initial jobless claims surged to 263,000 last week — the highest in 4 years — signaling weakening growth and bringing stagflation fears to the forefront.

(Chris Hondros/Newsmakers via Getty Images)

Markets

Powell Puts September Rate Cut in Play; Bitcoin Pushes Higher

The Fed chair, perhaps surprisingly, took a dovish tone in his remarks at Jackson Hole.

Federal Reserve Chair Jerome Powell dons reading glasses prior to Wednesday's press conference. (Federal Reserve, modified by CoinDesk)

Markets

Fed's Hammack Says 'No' to Rate Cut; Bitcoin Slips to Session Low Below $113K

The data currently on hand does not support the case for lowering interest rates, said the president of the Cleveland Fed.

Beth Hammack

Markets

Volatility Vanishes Across Markets as Traders Brace for Powell's Jackson Hole Speech

The decline in volatility across asset classes likely reflects expectations for easy monetary policy and economic stability; however, some analysts are warning of potential downside risks.

Federal Reserve Chair Jerome Powell speaks during a news conference

Markets

Yen Rises Against Bitcoin, Dollar as Scott Bessent Predicts Bank of Japan Rate Hike

The yen is no longer the most attractive funding currency, and the currency's strength may not necessarily lead to broad-based risk aversion, one expert said.

Close up of the red circle at the center of the Japanese flag. (DavidRockDesign/Pixabay)