Fed hikes rates 25 bps in first hike since July 2023
The move lifts the fed funds range to 3.75%-4.00% and marks the first tightening in more than three years, resetting the liquidity backdrop for risk assets from Bitcoin to high-beta DeFi.
Executive and legislative crypto policy — central bank stances, country-level rules, and CBDC rollouts.
The move lifts the fed funds range to 3.75%-4.00% and marks the first tightening in more than three years, resetting the liquidity backdrop for risk assets from Bitcoin to high-beta DeFi.
Congress punted on market structure legislation, but the agencies now have a green light to define crypto's rules themselves, a faster path that JPMorgan and Bernstein both expect to be aggressive…
Markets will parse every word from the Fed chair for clues on the rate path, with policy guidance from the presser often moving more than the statement itself.
The dot plot keeps a final quarter-point increase on the table, a hawkish tilt that pressures risk assets and caps hopes of an imminent easing cycle.
The new Fed chair is staking his credibility on price stability over risk-asset relief, a stance that sets the tone for every cut expectation priced into markets.
Another quarter-point move extends the tightening cycle, and the marginal dollar of liquidity for crypto and equities just got more expensive to chase.
Federal legislation to hold bitcoin as a sovereign reserve asset clears a House committee, moving the US closer to treating BTC alongside gold and foreign currencies.
Kevin Warsh's framing puts price pressure, not growth, at the center of the policy debate, a stance markets will read as hawkish for the rate path.
The pressure campaign lands as markets price in easing, with risk assets from Bitcoin to equities sitting on the other side of every Fed cut.
The president publicly broke with the Fed over a 25 basis point rate increase, arguing borrowing costs should sit at 1% or less, a direct jab at the central bank's independence.
The unusually blunt language puts the executive branch on a collision course with the central bank and revives questions about Fed independence at a sensitive moment for rate expectations.
The 12-month operational phase runs from Q3 2027 through Q3 2028, and participation tests merchant acceptance without ever making the beta legal tender or committing the ECB to issue.
The high-profile crypto critic now wants a brake on frontier AI, adding a Senate voice to the growing regulatory push against uncontrolled model scaling.
The 28-21 committee vote moves H.R. 8957 toward a full House floor fight, putting a formal federal Bitcoin stockpile one step closer to law.
The measure could turn purchases of Russian crude into a source of secondary trade pressure, with wider consequences for energy flows and geopolitics.
The market read turns on policy room: cooling inflation could revive rate-cut expectations, while persistent price pressure would keep policy restrictive.
The signal reaches beyond housing: weak transaction activity can weigh on lenders, builders and consumer spending across the US economy.
Price stability is now the Fed’s predominant focus, while Warsh declined to signal another hike and warned against relying on individual data releases.
The unanimous 12–0 vote matters less than the dots: 16 of 18 officials see at least one more hike in 2026, and few see rates below 4% by end-2027.
The first hike in over three years came with a hawkish dot plot: 16 of 18 policymakers see another quarter-point move this year, setting up a longer tightening path than markets had priced.