Last week, Jerome Powell chaired the Fed’s final meeting, keeping rates between 3.5 % and 3.75 %, before being replaced by Kevin Warsh at the end of the month.

In an official statement, the Federal Reserve indicated that inflation in the United States is high, adding that “developments in the Middle East are contributing to a high level of uncertainty about the economic outlook.”

State-level representatives noted that due to the conflict with Iran, the Fed is currently facing the price of oil above $100 a barrel, as well as increased fuel costs and a rising unemployment rate.

Regarding the transition after Warsh’s confirmation by the Senate, it is hoped that it will bring some calm to the problems facing the US economy.

M.Pino

Source: forbes.com.mx

(Reference image source: Anne Nygård on Unsplash)

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La entrada Fed leaves rates unchanged apareció primero en Bitfinance.

Fed Chairman Jerome Powell indicated this Wednesday that interest rates will remain in the 3.5 %–3.75 % range, while tempering expectations of short-term cuts.

On the other hand, the Federal Reserve noted “improvements in the U.S. economy, adopting a more cautious approach regarding possible future cuts.”

On Wednesday, January 28, the Federal Open Market Committee (FOMC) voted 10 to 2 to maintain the federal funds rate in a range of 3.5 % to 3.75 %.

In a statement released by the U.S. central bank after the meeting, officials said that job growth has remained weak, and the unemployment rate has shown some signs of stabilizing.

The Fed’s assessment of the economy points to solid growth, a departure from the moderate outlook adopted last October. The central bank’s moderate language also avoided mentioning high inflation, reinforcing the idea of ​​a more balanced economy.

M.Pino

Source: roadshow

(Reference image source: Logan Voss on Unsplash)

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La entrada The Fed keeps rates current without short-term cuts expectations apareció primero en Bitfinance.

U.S. President Donald Trump indicated that he will announce the successor to Jerome Powell, current chairman of the Federal Reserve (Fed), in early 2026.

Trump stated that he had offered the position to Treasury Secretary Scott Bessent, but the official does not want it. On the other hand, his chief economic advisor, Kevin Hassett, has emerged as the favorite in recent days.

In any case, “the appointment of Donald Trump’s candidate must be validated by the Senate, which has a Republican majority.”

If elected to succeed Powell, whose term ends next May, Hassett, who holds a doctorate in Economics, “will have to convince the rest of the political class and investors that he will not allow inflation to spiral out of control. And that he is capable of preserving the independence of an institution that he himself has helped to criticize in recent months.”

M. Pino

Source: eleconomista

(Reference image source: Joshua Hoehne on Unsplash)      

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La entrada New Fed chair to be announced in 2026 apareció primero en Bitfinance.

The data in the Fed minutes in the United States show the institution’s willingness to make further interest rate cuts before the end of the year.

However, “the governing body emphasized that the impact of tariffs on prices is still uncertain and that high levels of inflation could be more persistent than expected.”

During the last meeting of the Federal Open Market Committee (FOMC) members of the United States Federal Reserve (Fed), on September 17, they indicated their willingness to lower interest rates again this year, although with some fear that inflation could pick up.

The majority of participants in the meeting indicated that “it would be appropriate to further ease policy during the remainder of the year,” without neglecting the upside risks to their inflation outlook.

In the committee vote, those responsible for national monetary policy voted 11 to 1 for a 25 basis point reduction in interest rates “and leaving them in the range of 4% to 4.25%, the first cut in 2025.”

The results of last month’s meeting on macroeconomic projections left the path is open to “two more quarter-point cuts by the end of the year within their baseline scenario. However, six of the 19 participants projected one cut or none at all.”

M.Pino

Source: elconfidencial

(Reference image source: Joshua Hoehne on Unsplash)

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La entrada The Fed could implement further cuts before the end of the year          apareció primero en Bitfinance.

It is well known that the price of Bitcoin fluctuates; however, industry experts, such as Ted Pillows, predict that the leading cryptocurrency could remain at $130,000.

Of course, there are related factors that influence the setting of BTC’s price, such as market liquidity, the Fed’s interest rate decisions, and circumstantial events or increases in the price of gold.

On the social media platform X, market analyst Swissblock, who specializes in digital assets, posted a thread listing potential bullish catalysts for BTC: “Bitcoin is in the process of finding a bottom. The key to watch: our Aggregated Impulse Signal.” This is a metric used by the platform, based on the exponential price structure of the top 350 altcoins, which, according to the platform, “is the most accurate top and bottom signal in the market.”

According to the company, once it returns to “0”, it historically “the end of a bottom and the beginning of an upward continuation” occurs.

M.Pino

Source: cointelegraph

(Reference image source: Kanchanara on Unsplash)

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La entrada Bitcoin price could remain above $130,000 apareció primero en Bitfinance.

Last Wednesday, the US Federal Reserve finally implemented a quarter-point reduction in interest rates, setting them between 4 % and 4.25 %.

In a climate of uncertainty, the Fed made the announcement after a lengthy meeting of its Federal Open Market Committee (FOMC).

A weaker labor market has been a key factor in this process, with President Donald Trump’s pressure on Jerome Powell continuing unabated in recent weeks.

There was only one dissenting vote, cast by the new Fed governor, Stephen Miran, whose appointment was pushed by President Trump himself. The official called for a larger rate cut.

“The Federal Reserve usually keeps interest rates high to control inflation sustainably. But this time, concerns about employment prevailed, even though inflation remains above 2%.”

M.Pino

Source: DW

(Reference image source: Anne Nygård on Unsplash)

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La entrada Federal Reserve lowers interest rates for the first time since 2024 apareció primero en Bitfinance.

The decisions of the US Federal Reserve (Fed) exert a direct influence on the monetary sector of Latin American countries.

If the organization maintains or lowers interest rates, Latin American stock markets react in different ways, but always affecting investments, imports, exchange rates, among other financial repercussions.

Like a domino effect, this influence of the Fed’s decisions in Latin American countries directly affects the daily lives of millions of people.

Specifically, “when the Fed decides to raise its interest rates, the cost of money in the United States becomes more expensive. This has an immediate impact on the flow of capital globally.” Investors typically turn to repatriating their funds to the U.S. as a way to increase returns and reduce risks. For Latin America, as “money leaves the region, local governments and companies have more difficulty obtaining financing.”

On the other hand, pressure on exchange rates is reflected in the devaluation of Latin American currencies. Consequently, the phenomenon “makes imports more expensive, from consumer products to essential inputs for industry,” which translates into increased inflation due to the rise in the prices of imported goods.

Regarding domestic growth, in Latin America it is slowed by the rising cost of credit. “Private investment, a key driver of growth, is contracting. Infrastructure projects, technological innovation, and the creation of new companies are slowing, affecting job creation.”

Consumption is also affected, since the devaluation of the local currency and rising prices reduce household purchasing power. Households are limiting spending, which impacts domestic demand, an essential component of GDP growth.

M.Pino

Source: cointelegraph

(Reference image source: José Casado on Unsplash)

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La entrada Effects of the Fed’s decisions in Latin America apareció primero en Bitfinance.

Interest rates will remain in the 4.25 % to 4.5 % range for the coming months, Federal Reserve Chairman Jerome Powell announced last week.

The decision was made on Wednesday, June 18, in anticipation of a possible spike in inflation for the rest of the year.

Powell defended the Fed’s position, stating: “We expect significant inflation in the coming months, and we need to take that into account. […] We’ll make smarter and more informed decisions if we wait a couple of months or as long as it takes to get a sense of what the real impact of this inflation will be and what the effects on spending and hiring will be.”

The Fed chairman insisted that the country is prepared to respond to potential macroeconomic disruptions.

M.Pino

Source: pressdigital

(Reference image source: Marek Studzinski on Unsplash)

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La entrada The Fed decided to keep interest rates steady in anticipation of a spike in inflation apareció primero en Bitfinance.

The chairman of the US Federal Reserve (Fed), Jerome Powell, recently indicated that the organization plans to cut its workforce by 10 % by 2027.

The information was released in a memo cited last Friday by CNBC, which stated: “Experience, both here and elsewhere, shows that it is healthy for any organization to periodically review its staff and resources. The Federal Reserve has done so occasionally as our work, our priorities, or the external environment have changed.”

The Fed currently has a workforce of 24,000 employees; According to Powell’s announcement, 2,400 employees would be cut through 2027.

According to the note, the Fed chairman instructed that “gradual ways be found to consolidate functions where appropriate, modernize some business practices, and ensure they are adequately sized and can fulfill their statutory mission.”

Voluntary resignation programs, designed to give federal government employees “paid leave before leaving office or retiring,” could be used. These leaves are valid for three months.

M.Pino

Source: swissinfo

(Reference image source: Romain Dancre on Unsplash)

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La entrada The Fed will reduce its workforce by 10 % over two years apareció primero en Bitfinance.

Among the new executive orders signed by US President Donald Trump is one that bans the Fed from developing a digital currency, or CBDC, as well as stopping all work oriented towards that end.

Despite being in favor of cryptocurrencies, Trump has banned the Fed from creating a CBDC while he creates working groups to generate proposals to Congress in this field.

Trump seeks to clarify regulations in the cryptocurrency sector, refuting any central bank digital currency that has no justification.

In this regard, the Fed’s ban decree mentions among the president’s priorities “taking measures to protect Americans from the risks of central bank digital currencies (CBDC), which threaten the stability of the financial system, individual privacy and the sovereignty of the United States, including prohibiting the establishment, issuance, circulation and use of CBDCs within the jurisdiction of the United States.”

M.Pino

Source: elpais

(Reference image source: Alex Shuper for Unsplash+)

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La entrada Trump executive order bans Fed from creating a CBDC apareció primero en Bitfinance.