Bitcoin today: stable around $74,000 ahead of Fed decision - Bitcoin remained largely stable on Wednesday after a brief rally in the previous session,
The Federal Reserve Banks of Dallas and New York will study the private credit market. - The Federal Reserve Banks of Dallas and New York will launch a pilot study of the $1.3 trillion private lending market after the end of the third quarter,
Federal Reserve Chairman Jerome Powell announced on Wednesday that he will remain as head of the central bank if his successor is not confirmed by May,
when his current term as chairman expires.
Powell made the announcement at a press conference following the Fed's latest meeting. He said that if his successor is not confirmed by the end of his term as chairman, he will serve as acting chairman until a successor is confirmed.
Powell noted that this is required by law and that the Fed has followed this procedure in several cases, including his own. He added that the central bank will proceed in this situation as well.