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  • 24h Vol: $56,409,600,528.25
  • BTC Dominance: 56.51%

Interest Rate Cut

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Fed Slashes Benchmark Interest Rate by 50bps in First Cut Since 2020

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On Wednesday, the U.S. Federal Reserve lowered its benchmark interest rate for the first time since March 2020. The Sept. 18, 2024 rate cut amounted to 50 basis points (bps), a notably bigger adjustment than many analysts anticipated. According to the Federal Open Market Committee (FOMC) press release, the central bank remains focused on reaching […]

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The Fed Under Fire: Elizabeth Warren Pushes for Unprecedented Rate Cut

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As the U.S. Federal Reserve’s Federal Open Market Committee (FOMC) gears up for its meeting on Sept. 18, anticipation is building for a rate cut. Market participants are placing their bets, with expectations leaning toward either a 25 basis points (bps) reduction or a 50bps cut. However, Massachusetts Senator Elizabeth Warren is urging the Fed

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