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Bank of America forecasts three Fed rate hikes in 2023, raising concerns for Bitcoin and risk assets.

Market News
22 Jun 2026
Crypto news
View Source
Bearish
pluang ai news

Bank of America now expects the Federal Reserve to raise interest rates three times this year—in September, October, and December—shifting from its earlier view of no hikes. This more hawkish outlook aligns with similar forecasts from Deutsche Bank and BNP Paribas, reflecting concerns over rising inflation and resilient labor markets. Investors are closely watching upcoming U.S. inflation data, especially the Personal Consumption Expenditures report, which could influence further Fed tightening. Higher rates typically pressure speculative assets like Bitcoin, which currently trades near $64,000-$65,000 amid these tightening expectations.

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Fortrade adds new tech shares in AI, networking, space, and materials to expand trading options.

Fortrade adds new tech shares in AI, networking, space, and materials to expand trading options.

Fortrade has expanded its trading platform by adding new shares in sectors like artificial intelligence hardware, optical networking, space systems, and advanced materials. This move responds to growing client demand for access to companies driving t...

Market News
Bullish
52 minutes ago
Cutaneous lupus erythematosus market to grow 8% CAGR by 2036 with new therapies and rising healthcare focus

Cutaneous lupus erythematosus market to grow 8% CAGR by 2036 with new therapies and rising healthcare focus

The cutaneous lupus erythematosus (CLE) market is projected to expand at an 8% compound annual growth rate through 2036, driven by increased disease awareness, better diagnostics, and a focus on autoimmune disorders. New targeted therapies and biolog...

Market News
Bullish
52 minutes ago
Global sports eyewear market to grow to $16.59B by 2033, driven by rising fitness and outdoor sports participation.

Global sports eyewear market to grow to $16.59B by 2033, driven by rising fitness and outdoor sports participation.

The global sports eyewear market, valued at $9.73 billion in 2025, is expected to reach $16.59 billion by 2033, growing at a CAGR of 6.9%. This growth is fueled by increased participation in fitness activities and outdoor sports, alongside rising awa...

Market News
Bullish
55 minutes ago
Ipsen Pharma repurchases 28,105 shares in buy-back program during June 15-19, 2026.

Ipsen Pharma repurchases 28,105 shares in buy-back program during June 15-19, 2026.

Ipsen Pharma conducted a buy-back program from June 15 to June 19, 2026, purchasing a total of 28,105 of its own shares. The daily average purchase price ranged around €155 to €157 per share on the Euronext Paris market. This buy-back is part of Ipse...

Company Fundamentals
Neutral
1 hour ago
New York housing inventory rises 3.2% in May with pending sales up 5.6%, but closed sales fall 11.6%.

New York housing inventory rises 3.2% in May with pending sales up 5.6%, but closed sales fall 11.6%.

In May 2026, New York State's housing inventory increased by 3.2% year-over-year to 30,489 homes, marking the 15th consecutive month of growth. Pending sales rose 5.6%, indicating stronger buyer interest as the summer season began. However, closed sa...

Market News
Neutral
1 hour ago
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