Federal Reserve Chair Jerome Powell surprised markets with a stronger economic outlook, fueling optimism and influencing cryptocurrency prices. His remarks indicate potential underestimation of U.S. growth prior to […]
Economist Calls for Fed to Prioritize Economic Support Amid Cooling Inflation
Neil Dutta, Chief Economist at Renaissance Macro, urges the Federal Reserve to shift its focus from inflation control to supporting a weakened economy. While acknowledging that inflation remains […]
Nobel Prize in Economics Awarded to Mokyr, Aghion, and Howitt
The 2025 Nobel Prize in Economics has been awarded to Joel Mokyr, Philippe Aghion, and Peter Howitt, as announced on October 13th. This prestigious recognition highlights their groundbreaking […]
Economic Calendar: Key Events & Data Releases Next Week
The week concludes with an important G20 press conference on Friday where finance ministers and central bank governors will address key financial matters. Lastly, 2025 FOMC voting member […]
U.S. Automakers Struggle as Trump Tariffs Intensify
President Trump’s recent tariffs have thrown the U.S. auto industry into turmoil, leading to substantial cost increases for companies like Ford and GM. These financial burdens are impacting […]
Policy Changes Impact Over 1,000 Local Businesses
New policies affecting over 1,000 local businesses have been implemented with the aim of enhancing economic sustainability. While feedback has indicated a mixed response from stakeholders, these changes […]
Bank of England Governor Addresses AI Job Fears, Highlights Human-Machine Collaboration for Economic Success
Bank of England Governor Andrew Bailey addressed concerns about artificial intelligence (AI) causing mass job displacement. He emphasized that economic adaptability and human-machine collaboration will drive the future […]
Bitcoin Soars against Yen Amidst Japan’s Shifting Economic Landscape
In a period of global economic uncertainty, cryptocurrencies are gaining traction, and Bitcoin’s recent surge against the Japanese yen highlights this trend. This rise coincides with Japan’s evolving […]
Blockchain Network Revenue Declines by 16%, Driven by Reduced Crypto Market Volatility
A recent report from asset manager VanEck reveals a significant decline in blockchain network revenues during September. The data shows a 16% drop compared to the previous month, […]
Economic Events to Watch This Week
– Governor Barr and Kashkari speak at an event before the release of Friday’s employment report. – At 21:45, FOMC voting member Goolsbee will deliver opening remarks and […]
Trump Proposes Tariff-Funded Bonuses Amid Economic Debate
Former U.S. President Donald Trump has proposed direct cash bonuses of $1,000 to $2,000 for American citizens, funded by tariffs collected through increased imports. This proposal, which echoes […]
JPMorgan Economist Sees Fed Rate Cut Approaching
Michael Feroli, an economist at JPMorgan, predicts that the Federal Reserve will lower interest rates by 25 basis points to a range of 4.0% to 4.25%, possibly as […]
Economists Predict 25bp Fed Rate Cut, Impacting Traditional & Crypto Markets
Economic experts anticipate a 25 basis point cut in interest rates by the Federal Reserve in September 2025, signaling further easing and potentially impacting both traditional financial markets […]
IMF Warns of Inflation Risk in Fed Rate Cuts, Potential Ripple Effects for Crypto Markets
The International Monetary Fund (IMF) has cautioned the Federal Reserve to proceed cautiously with interest rate cuts due to inflation risks. While acknowledging room for easing rates, the […]
Inflation Hinders Fed’s Rate Cut Predictions: Markets React.
August saw unexpected inflation data shake the U.S. economic landscape and fuel debates over interest rate adjustments. The Consumer Price Index (CPI) soared beyond expectations, raising alarm bells […]