Fed Minutes Point to No More Rate Hikes, September Move as Safety Net
Fed minutes show officials saw September rate hike as precautionary, with no plan for additional hikes despite sticky inflation.
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Original OpenBook briefings based on public market reporting, updated through the day. Follow an instrument on its market page.
Fed minutes show officials saw September rate hike as precautionary, with no plan for additional hikes despite sticky inflation.
Investors may rely on diversified equity holdings to cushion market swings, diminishing the role of bonds.
The U.S. government and major banks are deferring debt payments, a move that could affect Treasury yields and corporate borrowing costs.
House Finance chair French Hill says SEC and CFTC actions fall short of CLARITY bill, urging crypto regulation bill passage.
Kazakhstan's central bank and Tether are set to pilot a tenge-backed stablecoin and develop a framework for tokenizing real-world assets.
Bitcoin falls below $83,000, hitting month-to-date lows amid a bond sell-off and a reversal in stocks.
Coinbase integrates Deribit, giving US institutions access to options and perpetual futures, with retail options slated for later this year.
A D.A. Davidson analyst believes Micron’s shares are undervalued and could triple thanks to future growth and an upcoming buyback program.
Investors in their 20s should prioritize smart spending and saving habits over stock picking to avoid future debt and secure retirement.
Ultrashort bond funds provide solid yields while keeping price risk low, making them appealing for income-focused investors.
Tangem is expanding its self-custodial Visa crypto card, noting that demand is higher where access is limited.
Baillie Gifford sees upside in CoStar and Duolingo after recent investor doubts.