First up: Standard Chartered just revised their Fed forecast—they're now expecting a 25 basis point rate cut coming Wednesday. That's a notable shift in their stance on monetary policy.
Meanwhile, something bigger's brewing on Capitol Hill. Thursday's got a heavyweight lineup: CEOs from Bank of America, Wells Fargo, and Citigroup are sitting down with senators. The agenda? Hammering out crypto market legislation. When the chiefs of three major US banks clear their calendars for crypto talks, you know regulatory frameworks are moving from theory to reality.
Interest rate moves and institutional crypto discussions hitting the same week? That's the kind of convergence that shapes markets.
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Two major signals worth watching this week.
First up: Standard Chartered just revised their Fed forecast—they're now expecting a 25 basis point rate cut coming Wednesday. That's a notable shift in their stance on monetary policy.
Meanwhile, something bigger's brewing on Capitol Hill. Thursday's got a heavyweight lineup: CEOs from Bank of America, Wells Fargo, and Citigroup are sitting down with senators. The agenda? Hammering out crypto market legislation. When the chiefs of three major US banks clear their calendars for crypto talks, you know regulatory frameworks are moving from theory to reality.
Interest rate moves and institutional crypto discussions hitting the same week? That's the kind of convergence that shapes markets.