Federal Reserve System | ForkLog

ForkLog 10 26.07.2023

Bitcoin Unchanged After Fed Rate Hike

On July 26, the U.S. Federal Reserve raised the target range for the federal funds rate by 25 basis points to 5.25-5.50%.

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ForkLog 7 20.07.2023

Fed launches its own payment system

The U.S. Federal Reserve System announced the launch of its own payment system, FedNow Service.

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ForkLog 10 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 6 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 10 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 8 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 7 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 11 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 8 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 10 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 10 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 12 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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