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 […]
Daly Hints at Fewer Rate Cuts as Inflation Resists
Federal Reserve Bank of San Francisco President Mary Daly has hinted at potentially fewer rate cuts this year, citing inflation’s persistent presence as a key factor. While she […]
India and New Zealand Cut Rates, Fueling Speculation Over Crypto Market
Two countries, India and New Zealand, have both announced rate cuts in a bid to stimulate their economies amid global economic uncertainty. The Reserve Bank of India lowered […]
US Inflation Falls Rapidly; Federal Reserve Rate Hikes Likely On Hold
Recent data reveals a significant decrease in U.S. inflation, offering both consumers and investors a boost of optimism. This unexpected drop indicates that the aggressive monetary tightening employed […]
Trump Calls for Rate Cuts Amidst Tariff War Uncertainty, Fed Remains Stoic
President Donald Trump urged Federal Reserve Chair Jerome Powell to immediately lower interest rates, arguing that current conditions warrant such action. Trump attributed the recent decline in prices […]
Federal Reserve Holds Rate Cut Outlook Despite Economic Headwinds
Despite ongoing economic challenges, the Federal Reserve remains committed to a course of action with potential rate reductions, as indicated by Chair Jerome Powell’s recent statements. In his […]
Goldman Sachs Predicts Three Rate Cuts: Crypto Could Benefit
Goldman Sachs’ revised inflation forecast could significantly impact the crypto market, according to industry sources. The prediction sees a rise in the core PCE index (Personal Consumption Expenditures) […]