Tuesday, May 3, 2022

US Fed traders seek an answer to the 75-basis-point question

US Fed traders seek an answer to the 75-basis-point question The US central bank is expected to raise rates by 50 basis points at this meeting, something it hasn̢۪t done since May 2000. But there might still be room for even more hawkishness, depending on how Powell navigates his upcoming press conference

from Moneycontrol Market Outlook https://ift.tt/04eu9zs

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Bitcoin stays near $64K, Ethereum underperforms as weak risk appetite keeps crypto markets under pressure

Bitcoin traded near $64,000 and Ethereum underperformed as risk appetite weakened. The global crypto market capitalization edged down 2% to ...