Today’s Forex Focus: Attention on US inflation figures and Fed Chair Warsh’s testimony as oil prices rise
Here’s the latest as of Tuesday, July 14th. Crude oil prices continued to rise for a second day as concerns about the stability of the U.S.-Iran ceasefire mounted. Later, the U.S. Bureau of Labor Statistics (BLS) is expected to release the Consumer Price Index (CPI) figures for June. Additionally, Federal Reserve Chairman Kevin Warsh is […]
GOP Chair Suggests Additional Indictments May Occur in Florida Fake Voter Guide Incident
St. Johns County Republican Party Investigation Continues The chairman of the St. Johns County Republican Party in Florida has indicated that more individuals could potentially face criminal charges connected to an alleged fraudulent voter inducement scheme concerning the upcoming 2024 Republican primary. During a conversation with Matthew Boyle on Breitbart News Saturday, Denver Cook noted […]
Fed Chair Kevin Warsh selects Marc Andreessen, former Walmart CEO, and others to head task forces
The Federal Reserve announced on Thursday that Marc Andreessen, Raj Chetty, and Mervyn King are among the prominent figures selected to help propose enhancements to the bank’s functions. They are part of five task forces led by Federal Reserve Chairman Kevin Warsh, who revealed this initiative last month. The other leaders comprise a blend of […]
Fed Chair Warsh eliminates future guidance at initial FOMC policy meeting
Federal Reserve’s Concerns on Inflation Grow Under Warsh’s Leadership Kevin Mahn, president and CIO of Hennion & Walsh Asset Management, recently expressed his thoughts on the Federal Reserve’s future direction under Chairman Kevin Warsh, particularly regarding inflation calculations and the way the Fed communicates its monetary policies. The latest minutes from the Federal Reserve’s monetary […]
RNC chair Joe Gruters anticipates a Republican victory at the initial midterm gathering.
Gruters Anticipates Republican Convention Impact Republican National Committee Chairman Joe Gruters expressed on Wednesday that the upcoming midterm convention could be pivotal, suggesting it might “knock the Republican Party off the table.” He characterized the rally in Dallas as a “Trumppalooza,” designed to energize Republican voters during a challenging midterm season. This statement came right […]
SEC Chair Paul Atkins criticizes ‘communist’ Zohran Mamdani and New York City politicians advocating for ‘control instead of freedom’
SEC Chairman Critiques NYC Mayor’s Policies On Tuesday, Paul Atkins, the Chairman of the Securities and Exchange Commission, expressed concerns about the progressive policies of Mayor Zoran Mamdani. He cautioned that New York’s leadership is shifting towards a “language of control rather than freedom.” In his keynote address, Atkins didn’t directly name Mayor Mamdani but […]
Former Fed Chair Alan Greenspan passes away at 100 years old
Alan Greenspan Passes Away at 100 Economist Alan Greenspan has died at the age of 100, as announced by his wife. Greenspan held the position of chairman of the Federal Reserve for four terms, starting in 1987 during Ronald Reagan’s presidency and concluding his tenure in 2006 under George W. Bush. He is often credited […]
Alan Greenspan, Notable Fed Chair, Passes Away at 100
Alan Greenspan, who led the Federal Reserve System for more than 18 years, passing through what became the longest economic expansion in U.S. history, has died at the age of 100 at his home in Washington. His wife, NBC News correspondent Andrea Mitchell, attributed his passing to complications from Parkinson’s disease. The couple had been […]
Fed Chair Kevin Warsh’s view on prioritizing data over party indicates he does not align with Trump.
Most Senate Democrats opposed Kevin Warsh’s nomination for Fed chairman, believing he would simply be a puppet for President Trump, who appointed him. Warsh recently challenged that notion. This push came as he suggested lowering short-term interest rates to stabilize the economy ahead of the midterm elections, despite ongoing inflation concerns. It’s interesting, really, given […]
Kevin Warsh adopts a strong anti-inflation position in his first meeting as chair, promising to ensure price stability.
Kevin Warsh’s First Meeting as Fed Chairman In his inaugural meeting as Fed chairman on Wednesday, Kevin Warsh emphasized a strong anti-inflation stance as the central bank begins to shift from a more accommodating approach towards potential rate hikes later this year. The Federal Reserve voted to maintain interest rates at a range of 3.5% […]