The U.S. Federal Reserve is meeting this week to discuss a fresh inflation report that shocked the markets last week. A a 75 basis point (0.75 percentage point) hike is suddenly seen as all but certain after the Wall Street Journal reported that officials were considering a bigger increase than...
U.S. Treasury yields pulled back slightly on Wednesday morning ahead of the Federal Reserve’s key monetary policy announcement. Traders initially anticipated a 50-basis-point interest rate hike, but in light of the red hot inflation print, the market is now pricing a more than 95% chance of...
The Fed’s annual report shows most American crypto investors have ‘disproportionately high income’. Roughly 12% of Americans own crypto, with most of them using it for investment purposes. A closer look at the demographics shows that crypto investors in the U.S. are mostly the...
Bitcoin (BTC) is on watch, continuing its thus far uninspiring start to May, as crypto traders positioned ahead of a U.S. Federal Reserve decision due Wednesday. A major market talking point in recent weeks has been bitcoin's elevated correlation with U.S. stocks, especially the tech-focused...