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Markets
Federal Reserve lifts rates by 0.25 percentage point in its first increase since July 2023
On Wednesday, the United States Federal Reserve announced its first interest‑rate increase since the summer of 2023, raising the target range for the federal funds rate by a quarter of a percentage point. The move, which had been widely forecast by economists and market participants, shifts the benchmark range to 3.75 percent at the low end and 4.00 percent at the high end. While the numerical ad…
Sept. 16, 2026, 5:54 p.m.
Markets
Federal Reserve lifts rates by a quarter-point in its first increase since July 2023
In a move that had been broadly forecast by economists and market participants alike, the United States Federal Reserve announced a 25‑basis‑point increase to its benchmark federal funds rate, marking the first tightening action since July 2023. The adjustment nudges the target range for the fed funds rate to 3.75 percent at the low end and 4.00 percent at the high end. While the numerical change…
Sept. 16, 2026, 5:54 p.m.
Markets
Federal Reserve Increases Interest Rate by 0.25 Percentage Point in First Adjustment Since July 2023
In a move that had been broadly forecast by economists and market participants alike, the United States Federal Reserve announced a 25‑basis‑point increase to its benchmark interest rate, marking the first adjustment to monetary policy since the summer of 2023. By raising the target range for the federal funds rate to 3.75 percent at the low end and 4.00 percent at the high end, the Fed signaled …
Sept. 16, 2026, 5:54 p.m.
Markets
Federal Reserve Increases Interest Rate by 0.25 Percentage Points in First Adjustment Since July 2023
In a move that many economists and market participants had been anticipating for months, the United States Federal Reserve announced a 25‑basis‑point increase to its benchmark interest rate, marking the first tightening action since the summer of 2023. This modest hike lifts the target range for the federal funds rate to between 3.75 percent and 4.00 percent, a level that reflects the central ban…
Sept. 16, 2026, 5:54 p.m.
Markets
Federal Reserve Increases Interest Rate by 0.25 Percentage Point in First Adjustment Since July 2023
In a move that had been broadly forecast by economists and market participants alike, the United States Federal Reserve announced a 25‑basis‑point increase to its benchmark interest rate, marking the first hike since the July 2023 meeting. The adjustment lifts the target range for the federal funds rate to 3.75 percent at the lower bound and 4.00 percent at the upper bound. While the increase may…
Sept. 16, 2026, 5:54 p.m.
Markets
Payward intends to provide U.S. customers with on‑chain perpetual futures via Hyperliquid
Payward, the corporate entity behind the well‑known cryptocurrency brokerage Kraken, has announced an ambitious roadmap to bring on‑chain perpetual futures to retail and institutional investors in the United States. The move follows the firm’s recent $550 million acquisition of Bitnomial, a U.S.-based derivatives platform that already holds a suite of regulatory approvals and a robust technology …
Sept. 16, 2026, 2:35 p.m.
Markets
Payward Sets Sights on Launching On‑Chain Perpetual Futures for U.S. Traders via Hyperliquid
Payward, the parent company behind the well‑known cryptocurrency brokerage platform Kraken, has announced an ambitious plan to bring on‑chain perpetual futures to American investors through a partnership with the emerging decentralized trading infrastructure known as Hyperliquid. The move follows Payward’s recent $550 million acquisition of Bitnomial, a New York‑based derivatives exchange that ho…
Sept. 16, 2026, 2:35 p.m.
Markets
Payward Sets Sights on Launching On‑Chain Perpetual Futures for U.S. Users via Hyperliquid
Payward, the corporate entity behind the well‑known cryptocurrency brokerage Gemini, has announced an ambitious roadmap to introduce on‑chain perpetual futures to its U.S. client base. The move is anchored by the firm’s recent $550 million acquisition of Bitnomial, a platform that brings deep expertise in derivatives trading and a suite of technology assets that can be repurposed for the emerging…
Sept. 16, 2026, 2:35 p.m.
Markets
Payward intends to provide U.S. customers with on‑chain perpetual futures via Hyperliquid
Payward, the parent company behind the popular cryptocurrency trading platform Kraken, has announced an ambitious new initiative aimed at expanding its product suite for American users. Leveraging the substantial financial backing from its recent $550 million acquisition of the digital‑asset brokerage Bitnomial, Payward plans to roll out on‑chain perpetual futures contracts that will run on the H…
Sept. 16, 2026, 2:35 p.m.
Markets
Payward Sets Sights on Launching On‑Chain Perpetual Futures for U.S. Users via Hyperliquid
Payward, the corporate entity behind the well‑known cryptocurrency brokerage platform Kraken, has announced an ambitious plan to bring on‑chain perpetual futures to its U.S. client base by leveraging the Hyperliquid protocol. The move follows Payward’s recent $550 million acquisition of Bitnomial, a U.S.‑based digital‑asset derivatives exchange, and reflects a broader strategic push to position t…
Sept. 16, 2026, 2:35 p.m.