Catenaa, Thursday, December 19, 2024 –The US Federal Reserve yesterday reduced its benchmark federal funds rate by 25 basis points, lowering it to a range of 4.25% to 4.50%, as Bitcoin rallied to a new all-time high of over $108,000. However, share prices slumped on the announcement, the BBC reported yesterday. The Federal Open Market Committee’s […]

Catenaa, Tuesday, February 18, 2024 – Federal Reserve Governor Christopher Waller is urging the creation of a regulatory framework that would allow banks and financial institutions to issue stablecoin.  Speaking at a financial conference, Waller emphasized the growing role of stablecoins in the global economy and said that clear rules would ensure stability while fostering […]

Catenaa, Thursday, March 20, 2025- The Federal Reserve held interest rates steady Yesterday (Wednesday), maintaining them between 4.25% and 4.5%, citing increased uncertainty in the economic outlook. Stocks recently plummeted, and executives reported declining consumer confidence. Fed Statement can be read here. The Federal Open Market Committee (FOMC) also announced a slowdown in its quantitative […]