Federal Reserve System | ForkLog

ForkLog 17 22.06.2023

Fed to raise rates further, but not as aggressively

The Fed is likely to raise rates in the coming months, but at a slower pace than before, according to Federal Reserve Chair Jerome Powell, The Wall Street Journal reports.

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ForkLog 7 21.06.2023

Powell says stablecoins are money and urges regulation

The U.S. Federal Reserve should participate in regulating stablecoins. This was stated by the head of the agency, Jerome Powell.

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ForkLog 19 14.06.2023

Fed keeps key rate; Bitcoin briefly slips below $26,000

On June 14, the U.S. Federal Reserve System (the Fed) kept the target range for the federal funds rate at 5–5.25% for the first time since March 2022.

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ForkLog 14 13.06.2023

Inflation slowed sharply. Bitcoin’s response was modest

Inflation in the US slowed year over year in May to 4% from 4.9%, below the 4.1% forecast. Bitcoin briefly touched $26,400, with daily gains of 1.7%.

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ForkLog 8 10.05.2023

Inflation barely budges; Bitcoin climbs.

Year-on-year inflation in the United States slowed in April from 5% to 4.9%, below forecasts of 5%. Bitcoin settled above $28,000, rising 2.1% on the day.

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ForkLog 12 04.05.2023

Experts forecast Bitcoin rally to $36,000 on Fed signals

Signs that the end of the Federal Reserve’s rate-hike cycle could spark a strong Bitcoin rally. Matrixport analysts expect the first cryptocurrency to rise about 20%, to $35,000–$36,000.

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ForkLog 17 03.05.2023

Fed raises key rate; Bitcoin holds above $28,500

On Wednesday, May 3, the U.S. Federal Reserve raised the target range for the federal funds rate by 25 basis points to 5–5.25% per annum.

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ForkLog 12 12.04.2023

US inflation slows; Bitcoin nears $30,500

The year-on-year rise in consumer prices in March slowed from 6% to 5%, and the monthly rate from 0.4% to 0.1%. After the data were published, Bitcoin jumped to its highest level since June 2022, nearing $30,500.

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ForkLog 17 22.03.2023

Fed raises policy rate; Bitcoin holds above $28,000

On Wednesday, March 22, the U.S. Federal Reserve raised the target range of the federal funds rate by 25 basis points to 4.75-5%.

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ForkLog 20 14.03.2023

U.S. inflation broadly met expectations; Bitcoin rose

A fresh U.S. CPI report broadly met market expectations. The cryptocurrency market reacted positively to the release.

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ForkLog 18 10.03.2023

Fed weighs creation of expert group for the crypto industry

The U.S. Federal Reserve (the Fed) intends to form a group of experts focused on the cryptocurrency industry. This was announced by Michael Barr, the Fed's deputy chair for supervision.

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ForkLog 18 07.03.2023

Bitcoin tests $22,000 as Powell signals potential further Fed tightening

The Fed chair Jerome Powell, in a congressional testimony, said there is a high likelihood of further tightening of monetary policy.

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