Hassett describes the Fed’s decision on rates as sensible, even with Trump urging for larger reductions.
Fed’s Cautious Approach Triggers Mixed Reactions President Trump’s leading economic adviser recently endorsed the Federal Reserve’s careful approach to interest rates, despite the President’s call for more aggressive cuts. Kevin Hassett, who heads the White House National Economic Council, backed the Fed’s decision to lower rates by 0.25 percentage points, which came as a bit […]
How Nixon’s 1971 decision on the gold standard harmed middle class wealth
Imagine a time when your parents or grandparents could easily buy a home, raise a family, and live comfortably. Today, even if two people work full-time, many Americans struggle to make ends meet. So, what’s changed? The reality is more complicated than it seems, as outlined in “1971: How All American Problems Can Be Traced […]
Forex Today: Watching the BoE decision following the Fed’s careful rate decrease
Market Update for September 18th Here’s a summary of the situation as we head into Thursday, September 18th: The market seems to be caught in a mix of caution and optimism today, potentially altering the cautious stance of the US Federal Reserve. This shift might adjust the anticipated interest rate cuts from the Bank of […]
Jimmy Kimmel very upset about ABC’s decision to cancel ‘Live!’: report
Jimmy Kimmel is reportedly very upset following ABC’s decision to end his late-night show after backlash to his comments regarding the assassination of conservative activist Charlie Kirk. Sources say the comedian, 57, became “mad” after the network’s choice was made public on Wednesday and expressed controversial views in his monologue on Monday night’s episode of […]
Key Levels for DXY, EURUSD, and GBPUSD Before Fed Interest Rate Decision
Can the DXY hold its ground since 2011? Will the EUR/USD break through channel resistance in 2022? And what about the shifts with GBP/USD from last July? We’re diving into these topics in today’s video, especially as we near some significant Federal Reserve rate decisions and press conferences. US Dollar Index (DXY) Outlook The Dollar […]
EUR/USD stays close to 1.1850 as traders anticipate Fed decision and Powell’s press conference
Following the Fed’s 25 basis points cut, the EUR/USD pair has decreased, with forecasts suggesting an additional 50 basis points cut by year’s end. Powell highlighted that inflation is “slightly rising,” and that labor demand has “softened,” but he dismissed the idea of widespread support for a 50 basis points reduction. The ECB has indicated […]
Learn About the Judge Who Dismissed Terrorism Charges Against Luigi Mangione and the Reasons Behind the Decision
Judge Gregory Caro’s Ruling on Luigi Mangione’s Case Judge Gregory Caro is known for being quite the challenge if you’re a defense attorney in Manhattan. This isn’t just hearsay; he has a reputation for favoring what’s called a “process declaration,” as reported by Business Insider in December 2024. But his recent decision regarding Luigi Mangione […]
Major Victory for Justice and Law – Trump Applauds Significant Court Decision in Election Matter
The Pro Trump News homepage is updated with 60 new headlines every day. You can check it out for the latest updates. Fulton County District Attorney Fani Willis has lost her appeal to the Georgia Supreme Court regarding her ability to prosecute Donald Trump. Back in December, the Georgia Court of Appeals determined that Willis […]
XRP, BNB, and Hyperliquid Drive Crypto Increases Before Important Fed Decision
Simply put Layer 1 tokens are in the spotlight as investors gear up for a crucial FOMC meeting. Experts believe that the strong performance of XRP, BNB, and Hyperliquid is due to specific developments related to each coin. Investor interest is increasing, as altcoin open interest recently surpassed that of Bitcoin for a brief period. […]
Euro weakens toward 1.1850 before Lagarde’s speech and the Fed’s rate decision.
The EUR/USD is projected to decline to around 1.1855 during the Asian session on Wednesday. Market participants have fully priced in a 25 basis points cut from the Fed. Germany’s Zew Sentiment is expected to show improvement in September. The EUR/USD pair lost its upward momentum, reaching approximately 1.1855 and breaking a four-day winning streak […]