Former Federal Reserve Vice Chair Richard Clarida has indicated that the market is anticipating a recession, with probabilities estimated at 40% to 50%. This assessment aligns with current […]
Powell Highlights Tariff Concerns for Inflation and Jobs
Federal Reserve Chair Jerome Powell has voiced his concerns regarding the significant economic impact of recently announced tariffs. He emphasized that sustained tariff increases could fuel inflation and […]
U.S. Stocks Surge Amidst U.S.-China Trade Talks
Wall Street saw positive movement on Wednesday as markets responded to news of trade discussions between the United States and China. The S&P 500 edged up by 0.32%, […]
People’s Bank of China Unveils New Monetary Policy Adjustments
On May 7, 2025, the People’s Bank of China (PBOC), under Governor Pan Gongsheng, announced a series of significant monetary policy adjustments to support economic growth amidst global […]
U.S. and China to Hold Economic Talks in Switzerland: Impact on Global Markets Expected
Chinese Vice Premier He Lifeng is traveling to Switzerland from May 9-12, 2025, for economic talks with U.S. Treasury Secretary Scott Bessent. These discussions will touch upon potential […]
China Cuts Reserve Requirement Ratio to Boost Economic Growth
The People’s Bank of China (PBOC) has announced a 0.5% reduction in the reserve requirement ratio (RRR). This action is expected to inject around $178.2 billion into the […]
Spain’s Blackout Cost Economy $454 Million, Experts Warn of Urgent Grid Modernization
A record-long power outage in Spain resulted in a significant economic impact, with the country’s largest domestic bank estimating an estimated loss of €400 million to GDP. The […]
U.S. Recession Probability Hits 59%, Driven by Polymarket Predictions
A new report from Foresight News reveals a significant increase in the likelihood of a U.S. economic recession in 2025, according to data from Polymarket. The platform’s predictions […]
Easing Tariffs Boost Markets Amidst Strong Economic Data
President Trump’s recent decision to reduce tariffs on Chinese goods has fueled positive market sentiment, signaling a shift in U.S.-China trade dynamics. This move, coupled with unexpectedly strong […]
Trump Remains Undeterred by Economic Slowdown, Seeks Fed Rate Cut
President Donald Trump dismissed concerns about a potential recession, claiming the nation is currently experiencing a transitional phase and asserting confidence in a prosperous future. He attributed slower […]
U.S. Unemployment Stays Steady at 4.2%, Impacting Crypto Markets
The U.S. unemployment rate remained unchanged at 4.2% in April 2025, according to the latest report from the U.S. Bureau of Labor Statistics (BLS). This stable figure suggests […]
U.S. Payroll Growth Signals Stronger Economy, Shifting Fed Rate Cut Outlook
The U.S. economy demonstrated robust strength in April 2025 with nonfarm payroll employment soaring by 177,000, defying expectations. This unexpected surge in jobs and a stable unemployment rate […]
Bitcoin’s Future Amid Economic Turmoil: Experts Weigh In
Bitcoin is facing increasing scrutiny as global economic instability fuels debate about its future. Peter Schiff, prominent economist, argues that Bitcoin’s volatility mirrors tech stocks and lacks the […]
Goldman Sachs Shifts Fed Rate Cut Prediction: Now Expected in July
Goldman Sachs has revised its prediction for the Federal Reserve’s next interest rate cut, now forecasting a move to happen in July instead of June. This shift comes […]
Wall Street Awaits Warren Buffett’s Insights on Tariffs and Economy
Warren Buffett is set to address Wall Street’s concerns about tariffs and the economic turmoil plaguing the market, a move expected from him at his annual shareholder meeting […]