Fed, A rate cut
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Bitcoin could drop to between $60K and $80K into year-end if the U.S. Federal Reserve holds interest rates steady at its policy meeting on Dec. 9-10. The BTC price has fallen sharply since the beginning of November as rate-cut expectations slipped below 50%.
The Federal Reserve maintained its benchmark interest rate on Wednesday, keeping borrowing costs at their highest level in more than two decades despite a prolonged cooldown of inflation. An interest rate cut is widely expected in the coming months.
By Noel John (Reuters) -Gold prices held steady on Monday, as growing expectations of a Federal Reserve rate cut next month helped offset pressure from a firm U.S. dollar. Spot gold was up 0.1% at $4,
Currently, the average interest rate on a 30-year fixed mortgage is 6.26%, compared to 6.21% a week ago, according to the Mortgage Research Center. For borrowers who want to pay off their home faster,