Fed, ECB, and BOJ Rate Decisions and Coinbase Earnings Ahead This Week

WHY IT MATTERS

Interest rates set by central banks affect how expensive it is to borrow money. When rates are low, borrowing is cheap, and investors often look for higher returns in riskier assets like stocks and crypto. When rates are high, safer investments like government bonds become more attractive, and riskier assets can see less demand. Think of interest rates like a thermostat for the economy — central banks turn them up to cool things down and turn them down to warm things up. Coinbase is a major crypto exchange — essentially a marketplace where people buy and sell cryptocurrencies. Its earnings report tells us how much business activity is happening in the crypto world, similar to how a shopping mall's revenue might reflect consumer spending trends.