Traders are beginning to price in the possibility of a 50 basis points (bps) Fed rate cut at the upcoming FOMC meeting. This comes ahead of the CPI and PPI inflation release next week, which could also impact the Fed’s decision.
Related Posts
Elliptic Lands HSBC Investment, Extending Big Bank Backing in Blockchain Analytics
Blockchain analytics firm Elliptic has secured a strategic investment from HSBC, making it the only company in the sector to…
BREAKING: FED Releases Its Highly Anticipated Interest Rate Decision – Here’s the Decision and Bitcoin’s Initial Reaction
The FED has finally announced its long-awaited interest rate decision. In line with expectations, the FED lowered interest rates by…
Stablecoin Adoption Set to Surge After GENIUS Act, Hit $4T in Cross-Border Volume: EY Survey
Stablecoin adoption is gaining momentum among corporates and financial institutions driven by regulatory clarity and cost-savings in global money transfers,…