Browsing: Interest Rate Cuts

Latest Interest Rate Cuts news, price updates, and AI-powered insights from Bpay News. Stay informed on global crypto trends.

Bitcoin surged dramatically, jumping 11% after the Federal Reserve resumed a $38 billion money-printing mechanism, capturing the attention of investors worldwide.This sudden rise in Bitcoin price signals a significant shift in the crypto market developments, as BTC climbed from its December 1 lows of $83,822.76 to over $93,000 overnight.

Federal Reserve profitability has been a hot topic in recent financial discussions, particularly as recent data indicates a significant turnaround from a previous three-year loss.Since November, the central bank has made strides in returning to profitability, which is essential for stabilizing the nation’s economic outlook.

Federal Reserve interest rates are a crucial topic for investors and consumers alike, as they dictate the cost of borrowing and shaping the economy.Currently, the probability of the Federal Reserve cutting interest rates by 25 basis points in December stands at an impressive 87.4%, according to the latest CME Fed Watch information.

In the rapidly evolving world of cryptocurrency, the Tether interest rate trade is garnering significant attention, particularly in light of recent statements from Arthur Hayes, the co-founder of BitMEX.According to Hayes, the Tether team is embarking on a large-scale strategy to capitalize on anticipated interest rate cuts by the Federal Reserve, which poses a potential risk to their interest income.

Gold prices are holding steady above $4100, driven by expectations of interest rate cuts and supportive data clarity. Market analysts suggest that the anticipation of lower interest rates is influencing investor sentiment and boosting gold’s… (via Bpaynews real-time desk)