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Kevin Warsh sworn in as Fed chair, as traders forecast rate hikes in 2026

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US President Donald Trump has repeatedly said he wants the Federal Reserve to lower interest rates, but investors forecast no chance of a rate cut in 2026.

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Coin Market

Warsh will cut rates, despite consensus view of rate hikes: Analyst

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The current Federal Funds target rate is between 350 and 375 basis points, which traders project to rise by at least 25 basis points in December 2026.

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Coin Market

Binance denies new WSJ report alleging $850M in Iran-linked transactions

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Binance CEO Richard Teng denied a new WSJ report alleging $850 million in Iran-linked transactions flowed through the exchange to the IRGC.

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ECB pushes back on euro stablecoin proposals, citing financial stability risks

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The ECB warned EU finance ministers that expanding euro stablecoin issuance could weaken bank lending and complicate monetary policy.

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