Fed, Rates
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Federal Reserve System, Stock
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In a post, he called $92,000 the “crucial level” for Bitcoin, warning of a “relatively harsh rejection” there and a hawkish press conference from Fed Chair Jerome Powell potentially triggering a classic “sell-the-news” move.
BI's economy team will share highlights from the Fed's meeting and explains the implications for your wallet.
The Fed is poised to cut rates despite divisions on the economic outlook and could signal a slower path for easing in 2026.
Bond traders are betting on a shallower path of Federal Reserve interest-rate cuts in the year ahead, part of a global move to wager that major central banks will slow or halt their monetary easing.
Bitcoin prices approached the $95,000 level today as speculation surrounding Federal Reserve policy combined with other bullish factors to fuel gains.
By Wayne Cole SYDNEY, Dec 10 (Reuters) - Asian shares and Wall Street futures gave ground on Wednesday as crunch time neared for a divided Federal Reserve policy board, and earnings results threatened to test sky-high valuations in the AI space.
The stock market has largely taken its cues from monetary policy since the Fed meeting in late October.