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Bitcoin prices rallied on December 8 as markets “aggressively” front-ran the upcoming Federal Reserve policy meeting, according to Cardiff founder William Stern.
Why are US Fed officials divided on an upcoming December interest rate cut? Here's what the market expects and analysts say about the interest rate trajectory ahead of Jerome Powell-led FOMC's policy outcome decision on Wednesday.
Apprehension ahead of the Federal Reserve's policy decision later this week weighed on Wall Street on Monday, while continued selling in U.S. Treasuries pushed the 30-year yield to its highest in three months.
Traders in US futures markets are gaming out a wide range of policy paths as they weigh the prospect of a Donald Trump–backed Federal Reserve chair and a raft of delayed data that could reshape the economic outlook.
This is widely known as the Federal Reserve's dual mandate: promoting maximum employment and stable prices. The Fed itself refers to these two objectives regularly in its Federal Open Market Committee statements announcing its monetary policy decisions.
The Federal Reserve meeting next week is expected to be one of its most contentious in years, and investors are focused on how divided policymakers are over an expected interest-rate cut and what Chair Jerome Powell signals about the path ahead.
The firm has increased the pace of purchases from the previous week despite sitting on large unrealized losses on its Ethereum bet.
The money supply has increased every month for the past four months, and at some of the highest rates we’ve seen in years.