What is the extent of the division within the Fed?
Fed Set to Cut Interest Rates Next Week The Federal Reserve is highly likely to reduce interest rates by 25 basis points next week, which would adjust the federal funds rate to a range between 3.5% and 3.75%. This expectation is reflected in market behavior, and Federal Reserve Chairman Jerome Powell has hinted at this […]
Markets rise as traders welcome Trump’s choice for a crypto-friendly Fed and new drivers.
Cryptocurrency Markets on the Rise Cryptocurrency markets are experiencing a significant uptrend as traders take advantage of a rare alignment of favorable financial and institutional factors. Interestingly, pro-crypto economists appear to be gaining traction as potential candidates to lead the Federal Reserve. Meanwhile, some of the largest asset managers worldwide are starting to advise their […]
Dollar pauses as Fed approaches, bitcoin rises
Market Overview: Dollar Stabilizes, Bitcoin Bounces Back The dollar showed signs of stabilization on Wednesday, while Bitcoin made a notable recovery, lingering near a two-week peak. Investors, looking ahead to 2026, are adjusting their strategies in anticipation of declining U.S. interest rates, which is putting some pressure on the dollar. Bitcoin’s rebound was rather sharp. […]
Dollar pauses before Fed meeting
Dollar Stabilizes Amid Growing Expectations for Rate Cuts The dollar saw some stability on Wednesday as attention shifted to other markets. However, with eyes fixed on 2026, investors are beginning to anticipate a potential interest rate cut in the U.S., which could negatively impact the dollar’s value. In morning trading, the Australian dollar hit a […]
Trump announces he’s decided on his choice for the next Fed chair: ‘I know who I’m going to choose’
Trump Set to Name New Federal Reserve Chair President Trump announced that he has made a decision regarding the next Federal Reserve chairman, hinting that a replacement for Jerome Powell will be named soon. For months, Trump has voiced dissatisfaction with Powell, particularly criticizing his reluctance to cut interest rates sooner. While speaking to reporters […]
Japanese Yen rises to its highest level in over a week against USD due to differing expectations from BoJ and Fed.
The Japanese yen (JPY) surged to a 1.5-week high against a notably weaker US dollar (USD) during Monday’s trading in Asia. Comments from Bank of Japan (BoJ) Governor Kazuo Ueda indicated that interest rate hikes are on the horizon. This pushed Japanese government bond (JGB) yields to their highest levels in years. Consequently, the interest […]
Brooklyn rapper attacked by two men fed up with his offensive behavior
Anthony Caines, the man recently arrested by the NYPD for allegedly spitting in a woman’s face in Williamsburg, has reportedly faced some form of street justice. Videos circulating on social media show two men visibly attacking a person believed to be Caines, 45, outside a hair salon on Sixth Avenue. It’s uncertain exactly when these […]
5 ETFs Set to Rise if the Fed Lowers Rates in December
US Federal Reserve Likely to Cut Interest Rates by December There are rising expectations that the US Federal Reserve may lower interest rates in December. Major banks and market players are increasingly leaning towards this possibility. For instance, JPMorgan recently adjusted its prediction, suggesting policymakers might actually implement a 25 basis point cut in December, […]
EUR/USD rises slightly as US data does not change dovish Fed outlook
Euro Holds Steady Against US Dollar The euro (EUR) remained stable against the US dollar (USD) on Wednesday, with the EUR/USD pair seeing a slight increase after an initial decline prompted by new US economic data. Currently, it’s trading around 1.1580, bouncing back from a daily low of 1.1547. Looking at the recent US statistics […]
Tariff impacts on the economy evolve over time, according to San Francisco Fed research.
Economic Analysis of Tariffs and Their Effects Recently, economist Steve Moore appeared on ‘Bernie & Co.’ to discuss President Donald Trump’s proposed tariff checks, cautioning against actions that may exacerbate inflation. A fresh analysis from the Federal Reserve Bank of San Francisco examined the impact of tariffs on the economy over the past 40 years. […]