Macroeconomic Policy and Interest Rates - The Federal Reserve decided to maintain current interest rates without cuts or hikes, with an internal committee vote of 9 to 3 [1][16][17] - The 2% inflation target remains unchanged, and price stability will continue to be delivered without a hidden higher inflation target [16][22] - The 30-year US Treasury yield surged to over 5.2%, reaching its highest level since 2007 as market-driven borrowing costs tightened conditions [32] Financial Market Volatility - Stock market volatility caused over $1 trillion to be wiped out from the US stock market following the Federal Reserve's decision to hold rates [3] - The S&P 500 experienced extreme intraday swings, losing 770 billion US dollars between 9:30 a.m. ET and 12:15 p.m. ET, adding 1 trillion US dollars by 2:55 p.m. ET, and losing 1.1 trillion US dollars by 3:45 p.m. ET [35][36] - US stock markets saw a total market cap swing of 2.9 trillion US dollars during the Federal Reserve meeting session [35] Geopolitics and Energy Markets - Brent crude oil surged 51% in March alone, with prices briefly trading above 148 US dollars per barrel in early April, marking the highest level since 2008 [31] - The conflict involving Iran disrupted a maritime passage carrying 20% of the world's oil supply, leading to historic volatility in the oil market [30][31] - The US and Israel prepared for large-scale operations against Iran following ballistic missile attacks on US targets in Jordan [28][29] Cryptocurrency and Sector Trends - Bitcoin traded in an established uptrend with key upside targets identified at 72,000 US dollars, 75,000 US dollars, 76,000 US dollars, 82,000 US dollars, and ultimately over 100,000 US dollars [8][9][10] - Artificial intelligence-related business investments surged nearly 20% during the quarter, complicating economic growth assessments [17][19]
BREAKING: THE FED JUST BROKE EVERYTHING?! (HUGE XRP NEWS)
NCashOfficial - Daily Crypto & Finance News·2026-07-30 16:53