EUR/USD remains stable close to 1.1500 before the Fed’s interest rate decision.
EUR/USD is expected to rise towards 1.1500 during Wednesday’s Asian session. The Federal Reserve is likely to maintain stability during its June meeting on Wednesday. While hawkish expectations for the ECB support the euro, ongoing tensions between Israel and Iran could complicate matters. The EUR/USD currency pair seems poised to draw some interest around 1.1500 […]
Treasury Secretary Bessent Is Not Aiming to Replace Fed’s Powell
Speculation Surrounding Treasury Secretary’s Future Treasury Secretary Scott Bescent has suggested, albeit casually, that he might eventually succeed Jerome H. Powell as chairman of the Federal Reserve. However, he insists that he hasn’t pursued that position and is dedicated to his current role. Having been with the Treasury since January, Bescent expressed in an exclusive […]
Vance labels the Fed’s choice not to lower rates as ‘monetary negligence’
Discussion on Federal Reserve Interest Rates On Wednesday, Vice President JD Vance urged President Donald Trump to advocate for lower interest rates from the Federal Reserve. He remarked on X, stating, “The president has been emphasizing this for some time now, and it seems clearer than ever: the Fed’s reluctance to adjust fees is kind […]
Forex Today: Will US inflation impact the Fed’s decision to relax in September?
The US dollar showed a slight positive trend on Tuesday, reversing its earlier bearish start this week. This was in light of ongoing US-China trade discussions in London, although caution remained ahead of key US inflation data set to be released on Wednesday. Here’s what to expect on Wednesday, June 11th: The US Dollar Index […]
Feds Request Explanation from Tesla Regarding Austin ‘Robotaxi’ Rollout
Federal safety regulators are looking for Tesla to clarify how it plans to ensure safety for passengers when its camera-only “Robotaxis” launch in Austin next month. A letter from the National Highway Traffic Safety Administration (NHTSA) released on Monday asks Tesla to provide comprehensive technical, legal, and operational information regarding its plans for a fully […]
Stock futures remain mostly stable after the S&P 500 sees its first gain in three days following the Fed’s decision.
On May 7, 2025, traders were busy on the floor of the New York Stock Exchange (NYSE) as they tuned in to a press conference led by US Federal Reserve Chair Jerome Powell following the Fed’s rate announcement. Wednesday evening saw little change in the Federal Reserve system as it decided to keep interest rates […]
Main points from the Fed’s recent choice to maintain interest rates while cautioning about stagflation.
Washington CNN On Wednesday, the Federal Reserve announced it would hold interest rates steady as signs of economic impact from President Trump’s unintended trade conflicts emerge. The central bank has maintained its approach since January, keeping its benchmark rates between 4.25% and 4.5%. Officials indicated a cautious stance is best as they await clearer data […]
EUR/USD retains its gains before the Fed’s monetary policy decision
The EUR/USD drops to around 1.1350 as the US dollar experiences a slight increase ahead of the Fed’s decision on monetary policy. Market participants will be closely watching the Fed’s guidance regarding the outlook for monetary policy. Conservative politician Friedrich Merz has been appointed German Prime Minister after a second attempt. The EUR/USD is set […]
Berkshire’s exit by Buffett, the Fed’s choice, and a wave of earnings: Key information for this week – Yahoo Finance
Last week had a keen focus on the weekend. On Saturday, Warren Buffett, the long-time CEO of Berkshire Hathaway (BRK-B, BRK-A), mentioned that he would recommend Greg Abel as his successor by year’s end. Abel was designated as Buffett’s successor back in 2021. This announcement followed another annual meeting where Buffett voiced concerns about Trump’s […]
Inflation is a result of the Fed’s mistakes, not a consequence of Trump’s tariffs.
On April 16th, Federal Reserve Chairman Jerome Powell indicated that the tariffs proposed by President Donald Trump might lead to increased inflation. This assertion begs a closer look at established economic principles. So, do tariffs genuinely drive inflation? Classical economics identifies three primary sources of government funding: taxes, debt, and inflation. Taxes, which come from […]