Browsing: Federal Reserve interest rate

Bitcoin price surge has captured the attention of both seasoned investors and newcomers to the digital currency scene, as it approaches the remarkable threshold of $95,000.On Tuesday, this leading cryptocurrency reached its highest value since mid-November, fueled by anticipation surrounding the Federal Reserve’s interest rate decision slated for Wednesday.

Coinbase Institutional has recently drawn attention with its optimistic outlook for the cryptocurrency landscape, particularly regarding a potential market reversal in December.As the crypto market grapples with volatility, analysts are noting significant liquidity improvements and a surging likelihood of a forthcoming Federal Reserve interest rate cut.

The Federal Reserve interest rate plays a crucial role in shaping the financial landscape of the United States, influencing everything from mortgage rates to consumer spending.As we look ahead, the OECD interest rate forecast suggests that this key interest rate may see a gradual decline, anticipated to fall between 3.25% and 3.5% by the end of 2026.