monetary-policy
Fed Holds Rates Steady as Three Members Demand Hike Amid Inflation Concerns
The Federal Reserve held interest rates steady on July 29, but a rare three-person dissent demanding a rate hike exposed growing internal divisions over persistent inflation concerns, sending equities lower and rattling the crypto market. Chair Kevin Warsh’s hawkish tone during his press conference triggered an immediate selloff in traditional markets, though Bitcoin and crypto...
Crypto Rallies as Fed Rate-Hike Odds Collapse on Soft Inflation Data
U.S. inflation data released over the past 48 hours has dramatically shifted Federal Reserve rate-hike expectations downward, triggering a sharp crypto market rally that pushed Bitcoin above $64,800 and Ethereum to $1,890. The softer-than-expected Producer Price Index on July 16 followed a cooler-than-forecast Consumer Price Index report on July 14, together signaling that monetary tightening...
Fed’s Hawkish Shift Crushes Crypto Rally As Rate Hike Bets Surge
The Federal Reserve’s hawkish policy shift under new Chairman Kevin Warsh has decisively reversed a crypto market rally sparked by U.S.-Iran peace talks, with Bitcoin falling from $67,000 to $65,600 and market capitalization dropping 1.9% as traders reprice rate hike expectations. The central bank held rates steady but signaled additional increases ahead, reigniting recession fears...