As expected, the Federal Open Market Committee of the U.S. Federal Reserve on Wednesday left its benchmark fed funds rate range unchanged at 5.25-5.50%.Also pretty much as expected, the FOMC acknowledged that progress on lower inflation…
Bitcoin BTC
+1.45%
's price remained relatively steady on Wednesday after the U.S. Federal Reserve kept interest rates at their current level on Wednesday.The Federal Open Market Committee did what the majority of analysts…
The Federal Reserve today announced it would keep interest rates as they are—as expected—and said that its plan to slash rates later this year was still in place. Central bank officials have penciled in three quarter-percentage point…
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The Federal Reserve’s board of governors pointed to stablecoins as a potential risk to financial stability amid a volatile crypto market.In its Monetary Policy Report released on Friday, the board of governors of the Federal Reserve…
Since June 12, 2022, the Tron-based stablecoin USDD has remained below a U.S. dollar in value. On Monday, USDD had a 24-hour trading range of around $0.943 to $0.966 per unit and the day prior on June 19, USDD saw an all-time low…
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