Fed

Gold Futures Fall to $4,098 per Ounce

Gold futures dropped to $4,098 per troy ounce, a level last seen on August 4. Palladium fell 2.91%, silver declined 2.55%.

Fed Raises Rates for First Time Since 2023, to 3.75–4%

The Fed raised rates for the first time since July 2023, by 25 basis points to 3.75–4%. The unanimous decision came amid persistently high inflation; markets saw it as a hawkish signal.

Bitcoin Rises 1.9% After US Inflation Data

Bitcoin climbed to $78,914.6 after US inflation data matched forecasts, but gains were capped by US-Iran tensions.

Bitcoin falls below $64,000 amid Fed rate uncertainty and geopolitical risks

The largest cryptocurrency trades below $64,000 as investors remain cautious due to unclear Fed rate prospects and tensions in the Middle East.

Bitcoin Falls 0.9% Amid Geopolitical Tensions

Bitcoin dropped to $64,100 as US-Iran tensions and rising oil prices fueled inflation expectations.