WuBlockchain Weekly: Bitcoin Spot ETF Sees Net Outflows for Four Consecutive Days, US SEC Pushes to Classify Ethereum as Security, Japan Raises Interest Rates and Top10 News
WuBlockchain Weekly: Bitcoin Spot ETF Sees Net Outflows for Four Consecutive Days, US SEC Pushes to Classify Ethereum as Security, Japan Raises Interest Rates and Top10 News
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1. Federal Reserve’s FOMC Maintains Interest Rates link The Federal Reserve has once again maintained the benchmark interest rate within the range of 5.25% to 5.50% for the fifth consecutive time, aligning with market expectations. The Fed’s latest projections indicate a median expectation of 2.6% for core PCE inflation by the end of 2024, up from the previous estimate of 2.4%. Nine Fed officials anticipate two interest rate cuts or fewer by the end of 2024.
WuBlockchain Weekly: Bitcoin Spot ETF Sees Net Outflows for Four Consecutive Days, US SEC Pushes to Classify Ethereum as Security, Japan Raises Interest Rates and Top10 News
WuBlockchain Weekly: Bitcoin Spot ETF Sees…
WuBlockchain Weekly: Bitcoin Spot ETF Sees Net Outflows for Four Consecutive Days, US SEC Pushes to Classify Ethereum as Security, Japan Raises Interest Rates and Top10 News
1. Federal Reserve’s FOMC Maintains Interest Rates link The Federal Reserve has once again maintained the benchmark interest rate within the range of 5.25% to 5.50% for the fifth consecutive time, aligning with market expectations. The Fed’s latest projections indicate a median expectation of 2.6% for core PCE inflation by the end of 2024, up from the previous estimate of 2.4%. Nine Fed officials anticipate two interest rate cuts or fewer by the end of 2024.