Monetary Policy

Kevin Warsh held the federal funds rate steady at 3.50% to 3.75% on June 17, 2026, in his first meeting as Federal Reserve chair. The Summary of Economic Projections revealed a sharp hawkish shift that immediately impacted crypto markets. The dot plot flipped from

Kevin Warsh held the federal funds rate steady at 3.50% to 3.75% on June 17, 2026, but the dot plot reversed sharply. Nine of eighteen Federal Reserve officials now project at least one rate hike in 2026, with six forecasting two hikes. The median end-2026 rate rose to 3.8% from 3.4% in March. The F

According to its June 17 policy statement, the Federal Reserve held interest rates steady but signaled a more hawkish rate path through updated projections. While markets had anticipated no immediate rate move, the updated dot plot indicated officials are less inclined to cut rates soon, with some p

According to Huabao News, PBoC research bureau chief Wang Xin stated on June 17 at the Lujiazui Forum that the central bank will closely monitor stablecoins' impact on the international monetary system and cross-border payments. Wang emphasized the need to further strengthen the safety,

According to ChainCatcher and CoinGlass data, the Federal Reserve's hawkish signals pressured gold prices on June 18. Gold (XAUT) fell to $4,280.41, down 0.62% in 24 hours. Global XAUT spot trading volume reached $293 million in 24 hours, with Gate's XAUT/USDT pair accounting for $266.57 million in

The Federal Reserve held its benchmark interest rate at 3.50%–3.75% on Wednesday, June 17, 2026, in the first policy meeting chaired by Kevin Warsh, but signaled a hawkish outlook by projecting possible rate hikes in 2026. Major cryptocurrencies declined following the announcement, with Bitcoin

According to CoinDesk, on June 18, the US Federal Reserve kept its benchmark rate at 3.5%-3.75% while signaling a potential rate hike in 2026, prompting a broad sell-off in crypto markets. Bitcoin traded around $63,900, down 3% in 24 hours. Ether fell 3.4% to $1,733, XRP dropped 3.9% to $1.17,

Bitcoin ETFs recorded mixed flows ahead of the Federal Reserve decision, with a $64.09 million net outflow on Monday, June 15, followed by a $10.2 million net inflow on Tuesday, June 16, according to flow data. The shift reflects Wall Street caution as traders await the Fed rate decision and

In the early hours of June 18 Beijing time, the U.S. Federal Reserve’s Federal Open Market Committee (FOMC) voted unanimously 12-0 to keep the target range for the federal funds rate unchanged at 3.50% to 3.75%. This marks the Fed’s fourth consecutive decision to hold steady since it completed a run of three consecutive rate cuts in December 2025. The rate decision itself is consistent with market expectations—ahead of the meeting, the interest-rate futures market priced in a 99.6% probability o

Kevin Warsh hosted his first Federal Open Market Committee (FOMC) meeting on June 17, announcing that the federal funds rate would be kept unchanged at 3.5% to 3.75% and that five special working groups would be established. Warsh clearly stated that he would end forward guidance, a stance that signals a fundamental shift in the market expectations mechanism. The hawkish signals released by the June 17 meeting led to a drop in Bitcoin and the crypto market. Warsh’s Five Special Working Groups: R

Bitcoin (BTC) hit a weak decline, temporarily around $64,790 as of June 18. Strategy preferred stock STRC seriously de-pegged; the company claims, “Selling coins can pay 32 years of dividends,” attempting to stabilize the market. The Chicago Mercantile Exchange (CME) will sue the U.S. Commodity Futures Trading Commission (CFTC), opposing its approval of crypto perpetual futures. Macro Events & Crypto Hotspots 1、Strategy (MicroStrategy) issued “Stretch” variable-rate perpetual preferred stock STR

Bitcoin fell to $64,608 on June 18, after the FOMC unanimously decided on Wednesday to keep the federal funds rate unchanged at 3.50%-3.75%. However, the latest dot plot shows a major shift: nine officials are expected to raise rates at least once within the year (no officials supported a rate hike in March). The CME “FedWatch” tool shows the probability of a December rate hike rising to 78%. Waller said at the press conference that he did not submit his rate dot-plot forecast. Dramatic shift in

Ethereum is trading near $1,770, down approximately 1% on the day, as the cryptocurrency market awaits the June 17 FOMC decision under new Fed Chair Kevin Warsh. The rate hold at 3.50% to 3.75% is 99% priced in, shifting focus to the dot plot and Warsh's press conference. Prediction markets now

Between 19:15 and 19:30 UTC on June 17, 2026, ETH/USDT saw a sharp short-term pullback, with a return rate of -1.75%. The price fell from 1772.55 USDT to 1736.5 USDT, with a range of 2.03%. This period coincided with the acceleration phase of the intraday downtrend, while the total daily decline reached -2.92%, with market volatility clearly increasing. The main driver behind this abnormal move is continued institutional fund outflows. U.S. spot Ethereum ETFs have recorded net outflows for 17 co

The Federal Reserve emphasized its commitment to achieving price stability under the leadership of Kevin Warsh, according to Decrypt. The announcement signals the Fed's intent to control inflation and stabilize economic conditions. Bitcoin experienced downward pressure