The Federal Reserve concluded its May meeting without a rate cut despite mounting pressure from President Trump and other economists. Inflation data has shown some improvement, but Chair […]
Dow Drops Over 390 Points as Uncertainty Surrounds Trade Talks and Fed Decision
The stock market experienced a significant downturn on Tuesday, with the Dow Jones Industrial Average dropping over 389 points. This decline was primarily driven by uncertainty regarding global […]
U.S. Treasury Secretary Critiques Fed’s Digital Currency Proposal
U.S. Treasury Secretary Janet Yellen has voiced her opposition to the Federal Reserve launching a digital currency, according to BlockBeats. She emphasized the challenge of predicting market reactions […]
Kansas Fed President Absence Expected at FOMC Meeting
Kansas Federal Reserve President Michelle Schmid has announced her absence from the upcoming Federal Open Market Committee (FOMC) meeting due to the passing of her wife. Minneapolis Federal […]
Dollar Strength: Fed’s Possible Pause May Boost USD
Monex Europe analysts predict a potential boost in the U.S. dollar if the Federal Reserve signals its intention to hold off on rate cuts during upcoming discussions. Market […]
Senate Advances Michelle Bowman’s Nomination for Federal Reserve Vice Chair
The U.S. Senate Banking Committee voted 13 to 11 in favor of advancing the nomination of Michelle Bowman for Vice Chair for Supervision at the Federal Reserve. The […]
Federal Reserve Holds Rates Steady Amid Economic Uncertainty
The Federal Reserve is expected to maintain interest rates on Wednesday, according to UniCredit Bank’s Roberto Mialich. This decision may not significantly impact the US dollar’s value. Mialich […]
Key Economic Events to Watch Next Week
Next week promises a packed calendar of economic events and data releases, according to BlockBeats. 2023’s upcoming schedule includes key indicators from the United States, Europe, and the […]
US Federal Reserve’s Economic Decisions to Impact Markets
The US Federal Reserve is preparing for key economic announcements that will heavily influence global markets, particularly the cryptocurrency sector. These include the FOMC’s interest rate decision and […]
Fed to Likely Hold Rates Steady in May
The CME Group’s FedWatch tool suggests a high probability that the Federal Reserve will maintain interest rates at their current level during May. With a 97.2% likelihood, only […]
Fed Rate Cut Potential Delayed: Goldman Sachs Forecasts July Timing
The Federal Reserve’s next interest rate cut may be delayed until July, according to forecasts from prominent financial institutions like Goldman Sachs and Barclays. Robust non-farm employment data […]
Federal Reserve Rate Cut Delayed: Strong Employment Data Hints at Continued Policy Stance
Despite recent positive job market figures, financial institutions Goldman Sachs and Barclays now anticipate the Federal Reserve’s next interest rate adjustment may not happen until July. Their forecast […]
Goldman Sachs Shifts Fed Rate Cut Forecast, Anticipating July Action
Goldman Sachs has adjusted its prediction for the Federal Reserve’s next interest rate cut, now forecasting a change in July rather than June following robust U.S. employment data. […]
Could the Fed Cut Interest Rates Next Week?
The Federal Reserve’s next meeting looms, with a potential rate cut on the table following a recent surge in nonfarm payrolls. The Bureau of Labor Statistics reported 177,000 […]
April Jobs Report Impacts Fed’s Outlook for June Rate Action
According to Nick Timiraos, a prominent figure in the financial sphere known as ‘the Fed’s Mouthpiece,’ the April jobs report has narrowed the likelihood of an interest rate […]