Finance Firm Nomura Predicts Fed Rate Cut and End of Tapering This Month – What Would This Mean for Crypto?
Financial services giant Nomura now believes the Federal Reserve is done with interest rate hikes and that it could even cut rates at its meeting next week. “In reaction to looming financial stability risks, we now expec...
Archive context
Older archive item. Useful for background and entity history, but not a fresh market-moving signal.
“In reaction to looming financial stability risks, we now expect the Fed to cut rates,” Nomura economists Aichi Amemiya and Jacob Meyer were cited by Bloomberg as saying in a private note this week....
Read More: Finance Firm Nomura Predicts Fed Rate Cut and End of Tapering This Month – What Would This Mean for Crypto?
Why this matters
This cryptocurrency story adds another data point to the current market tape and is useful when read alongside nearby source coverage.
Original source
Read on CryptonewsRelated market context
Strategy Raises Its Preferred Buyback Cap to $3 Billion After Another $193 Million STRC Week
Strategy’s board approved a $1 billion increase to the company’s preferred stock buyback program, bringing the total it can spend...
Stablecoin Growth Cooled as Deposit Rates Rose, With USDC Most Exposed, Working Paper Says
When U.S. banks paid savers more, stablecoins grew more slowly, according to a Bank for International Settlements working paper pu...
Jeff Park: What The AI Pain Trade Means For Bitcoin
Bitcoin Magazine Jeff Park: What The AI Pain Trade Means For Bitcoin From Strategy and Strive to Google and Super Micro, companies...
Strategy buys another 267 BTC, extending Bitcoin purchasing streak to four weeks
Strategy's ongoing Bitcoin acquisitions highlight a strategic bet on cryptocurrency's potential, impacting investor sentiment and...
Bitcoin Reclaims $82,000 as Brent Crude Slips From a Five-Month High and Stock Futures Rise
A pullback in oil and a firmer start for U.S. stock futures are giving bitcoin room to climb past $82,000 on Monday. BTC changed h...
Strategy MSCI Delisting Could Trigger Another Market Shock After Indonesia
Bitcoin is trading at $82,800, up 1.5%, but Michael Saylor’s Strategy MSCI delisting points to two distinct risks. Indonesia’s mar...