The Fed generally fights inflation by raising interest rates to cool borrowing and spending. Historically, such rate hikes have often slowed growth and have even led to recessions.
Austan Goolsbee said in a speech in London that the Fed is facing a series of persistent supply shocks that have driven up inflation, including higher oil prices from the Iran war and tariffs
Bitcoin holds above $80,000 despite a hawkish Fed and failed CLARITY Act vote. Key levels, scenarios, and what it means for BTC's next move.
Coinspeaker•Daniel Francis21 Sept
Austan Goolsbee voices concern that price growth is being fuelled by ‘overheating demand’ on top of Iran supply shock
Neel Kashkari, the president of the Federal Reserve’s Minneapolis branch, said Sunday that inflation is “still too high,” days after the central bank raised interest rates. “Even if we strip out energy, which is really volatile, and strip out food, they matter a lot, but in terms of where the economy is going, inflation is…
The Hill•Max Rego21 Sept
Enhancing Fed forecasts and maintaining independence are crucial to stabilizing inflation expectations and ensuring effective monetary policy.
CryptoBriefing•Editorial Team21 Sept
Aggressive rate hikes could slow economic growth and increase unemployment, complicating the path to stable inflation and economic recovery.
CryptoBriefing•Editorial Team21 Sept
Analysts are pricing in additional Fed hikes and a higher-for-longer rate backdrop
HousingWire•Flávia Furlan Nunes21 Sept
Global markets are entering a closely watched week as investors assess the Federal Reserve’s next steps, fresh U.S. economic data and continued swings in oil prices. Wall Street futures moved higher on Monday as oil prices fell around 2%, easing some pressure on Treasury yields. Bitcoin also climbed about 8%,
TheNewsCrypto•Sarala21 SeptPersistent supply shocks complicate inflation control, risking job losses or prolonged inflation, challenging Fed's dual mandate balance.
CryptoBriefing•Editorial Team21 Sept
Ensuring the Fed's independence is crucial to maintaining economic stability and preventing inflationary crises, especially amid global uncertainties.
CryptoBriefing•Editorial Team21 Sept
Bitcoin $81,000 rebound follows a failed CLARITY Act vote and Fed rate hike, leaving markets split over which event moved crypto this week.
The cluster of short liquidations around $83k-$86k can be rocket fuel for a BTC price move higher.
AMBCrypto•Akashnath S21 Sept
XRP ETF inflows reached $9.56 million for the week, extending a 10-week run despite a failed Senate vote, Fed hike and volatile trading.
Coinspeaker•Daniel Francis21 Sept
Federal Reserve data show a large tax-date transfer, but SOFR remained five basis points below the new reserve rate.
CryptoSlate•Oluwapelumi Adejumo21 Sept
Bitcoin held above $81,000 as NEAR surged 23%, while traders watched ETF flows, U.S. PMI data, Fed speakers and Trump-Xi talks this week.
Mike McGlone stressed that, since 2017, crypto has been performing poorly with increasingly high volatility levels, and that the reason behind this behaviour could be linked to a hawkish turn by the Federal Reserve and an overstretched SPX index valuation. McGlone Warns About Crypto’s Demise As The Fed Turns Hawkish Mike McGlone, Senior Commodity Strategist […]
Bitcoin.com News•Sergio Goschenko21 Sept
Bitcoin ETF inflows face a pivotal week after BTC rebounded above $81,000, with a Trump-Xi summit and Fed moves ahead.
BeInCrypto•Darryn Pollock21 Sept
From Fed speakers to PMI Data and, of course, the major meeting between Donald Trump and Xi Jinping.
Rising interest rates could trigger a financial strain across the AI sector, potentially disrupting broader tech and credit markets.
CryptoBriefing•Editorial Team21 Sept