Major breakthrough for Revolut as fintech giant wins conditional US banking licence
The company will now work through remaining applications and approvals with the FDIC, the Federal Reserve and the OCC, before launching the bank in 2027...
Tag : Federal Reserve
Fed’s next policy meeting in focus as US inflation remains elevated
In July, the Personal Consumption Expenditures Price Index increased 3.7% in the 12 months through the month, unchanged from June...
Bitcoin touches more than three-month high as soft dollar revives crypto sector
Another tailwind has been President Donald Trump's appeal to the US Congress to the "Clarity Act," that would bring clearer definitions to the sector...
US borrowing costs rise as attempts to ease rates prove short-lived
Treasury yields rebound despite increased bond buybacks as investors focus on inflation, record debt and uncertainty over the Federal Reserve’s rate path...
Crypto’s long bleed: How geopolitics and a hawkish Fed broke the 2026 market
While three straight quarters of losses have hammered the digital assets since October 2025, the second half of 2026 now rests on external variables...
Coinbase sees transaction revenue dip as investors reject riskier crypto assets
Coinbase's crypto transaction revenue, in the Q2, dropped 21% to USD 599 million, as investors fret over Fed rate and volatile geopolitics...
Gold rebounds after a poor June, heads for weekly gain as Fed bets ease
Weak US jobs data is causing the dollar to fall, making buying and holding gold cheaper for people using other currencies...
Alan Greenspan, pioneer behind ‘Greenspan Put’, passes away at 100
Greenspan served five consecutive terms as chairman of the Federal Reserve between 1987 and 2006 under four American presidents...
Fed keeps rates unchanged, Warsh to review central bank’s “working pattern”
With inflation running at an above-target 3.8% and uncertainty surrounding the Iran deal, Fed's rate-setting committee unanimously decided to keep rates steady...
US-Iran deal: Dollar touches 10-day low as markets cheer end of conflict
The Australian dollar, meanwhile, was down 0.3% at USD 0.705, holding to its losses as the Reserve Bank of Australia left rates unchanged...