Powell Stays? Fed Chair Indicates He Will Remain If Justice Department Continues Investigation
Federal Reserve Chairman Statement on Investigation Federal Reserve Chairman Jerome Powell has stated that he plans to remain on the Fed’s board until the ongoing Justice Department investigation concludes. “I will not leave the Board until the investigation is successfully concluded with transparency and finality,” he mentioned, referring to a statement in the Fed’s preparedness […]
March FOMC: Fed maintains current interest rates
Federal Reserve Decides to Maintain Interest Rates The Federal Reserve announced that it will keep interest rates steady, a decision made during their latest Federal Open Market Committee (FOMC) meeting. This announcement comes amidst a declining labor market and rising uncertainty linked to the ongoing situation in Iran. The Fed has decided to maintain the […]
US Dollar Index remains stable above 99.50 as traders prepare for Fed interest rate decision
US Dollar Index Update The US Dollar Index (DXY), which gauges the value of the US dollar (USD) against six major global currencies, is hovering around 99.60 as Asian markets opened on Wednesday. This steadiness comes as traders hold their breath, waiting for the Federal Reserve’s decision on interest rates later today. Compounding the situation, […]
Trump seeks lower interest rates from the Fed, but his conflict with Iran is creating obstacles.
Amid ongoing tensions with Iran, President Donald Trump is increasingly vocal about his desire for the Federal Reserve to lower interest rates. If there was ever a critical moment for such cuts, it would likely be in the wake of the current conflicts, which have pushed oil prices up and reignited inflation fears, complicating the […]
GBP/USD remains stable before simultaneous Fed and BoE choices.
The British pound saw a slight uptick for the second consecutive day as traders prepared for the Federal Reserve’s meeting on Wednesday and the Bank of England’s decision on Thursday. On Wednesday, the Fed is anticipated to hold interest rates steady between 3.50% and 3.75%, largely due to the uncertainties stemming from the ongoing conflict […]
EUR/USD falls under 1.1500 as Fed and ECB decisions approach
During Tuesday’s Asian session, EUR/USD dipped slightly, unable to build on the recovery seen the previous day near the 1.1415-1.1410 range, close to its lowest point since July 2025. Currently, it trades just under the valuable 1.1500 mark. However, it seems that the downward movement is slowing down as key central bank events approach. The […]
Silver Outlook: Silver Market Strained as Oil Surge Pushes Back Fed Rate Cuts
Brent exceeds $100 as shipping disruptions constrain supply Oil prices are on the rise, driven by worries that ongoing interruptions to shipping routes could limit global supply. Estimates suggest that millions of barrels per day have already been taken off the market, raising fears of a prolonged energy crisis. Consequently, Brent crude oil prices have […]
Jeanine Pirro criticizes Judge Boasberg for preventing subpoenas of Fed Chair Jerome Powell.
Subpoenas Blocked for Federal Reserve Chair Jerome Powell The Justice Department faced a setback when a federal judge ruled against a subpoena intended for Federal Reserve Chairman Jerome Powell. Chief Judge James Boasberg of the U.S. District Court for Washington, D.C., stated that the Justice Department lacked the legal grounds necessary to issue such subpoenas, […]
The inflation measure favored by the Fed indicates that prices rose before the start of the Iran war.
Inflation Trends Continue to Rise Recent inflation metrics observed by the Federal Reserve indicate a notable increase for January, reflecting a persistent uptick in prices, a trend that actually started before the conflict in Iran pushed oil and gas prices higher. The Department of Commerce reported a 2.8% rise in prices for January compared to […]
January 2026 PCE: The inflation measure preferred by the Fed stayed persistently elevated
This article about the January 2026 PCE Inflation Report is being developed and will receive updates with more information. Consumers are still grappling with rising prices, as noted in recent reports. The Department of Commerce announced on Friday that the Personal Consumption Expenditure (PCE) index increased by 0.3% month-over-month in January, and by 2.8% year-over-year. […]