The Fed’s Final Tarifflation Report Misinterprets Trump’s Tariffs Once More
Recent Study on Federal Reserve Tariffs Faces Criticism A recent analysis from the St. Louis Federal Reserve claims that tariffs imposed during President Trump’s term have raised consumer inflation by around 0.5 percentage points. This study, shared on the bank’s On the Economy blog, employs advanced econometric modeling to examine how tariffs influence consumer prices. […]
US Dollar Index (DXY) regains the 99.00 mark with attention on Fed’s Powell
The US dollar made a significant recovery after hitting a low around 98.65 during the Asian session, moving back into a bullish pattern and surpassing the 99.00 threshold to test Wednesday’s peak of 99.06 in early European trading. The U.S. dollar index, which tracks the dollar against six major currencies, is poised for its strongest […]
USD/JPY climbs to 153.00 as the dollar remains strong despite the Fed’s cautious stance
The Japanese yen (JPY) is facing significant selling pressure, experiencing a notable decline against the US dollar (USD) on Wednesday, with USD/JPY reaching 153.00 yen—its highest level since mid-February. As of now, the dollar/yen pair is trading around 152.84, reflecting an increase of over 3.5% this week, fueled by the yen’s continuing depreciation. This weaker […]
Former Federal and Treasury Officials Ask Supreme Court to Prevent Trump from Dismissing Fed’s Cook
Bipartisan Leaders Urge Supreme Court to Protect Fed Governor A diverse group of former Treasury secretaries, Federal Reserve chairs, and senior economic policymakers is calling on the Supreme Court to prevent President Donald Trump from dismissing federal governor Lisa Cook. They warn that this move could threaten both the independence of the central bank and […]
Three Financial Stocks That May Rise Following the Fed’s Interest Rate Reduction
Upstart’s lending activities are likely to see an uptick. Customers of Robinhood are increasingly trading stocks, options, and cryptocurrencies. S&P Global’s credit rating sector is expected to expand as companies take on more debt again. Here are 10 stocks I prefer over emerging ones. On September 17th, the Federal Reserve lowered its benchmark interest rate […]
Understanding the Fed’s rate reduction and mortgage rates
Federal Reserve Cuts Interest Rates: Implications for Mortgage Rates LOS ANGELES – So, you’re hoping for a drop in mortgage rates after the Federal Reserve’s recent cuts? Well, it might not be that straightforward. This past Wednesday, the central bank announced a quarter-point cut, signaling that rates could potentially be cut a couple more times […]
Trump seeks Supreme Court approval to dismiss Fed’s Lisa Cook
Justice Department Urges Supreme Court over Fed Governor’s Dismissal On Thursday, the president ordered the dismissal of Federal Reserve Governor Lisa Cook amid allegations of mortgage fraud. This action has raised significant questions regarding the independence of the Federal Reserve, which is typically expected to operate free from political influence. Cook participated in a crucial […]
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 […]
EUR/USD retreats as the effects of the Fed’s cautious rate cut settle
Ahead of US Jobless Claim Release: Euro Recovers from 1.1780 to 1.1750 The Fed cut rates as anticipated, indicating further easing on Wednesday, although policymakers are divided on future rate paths. A moderate risk appetite may support a recovery for the US dollar on Thursday. The EUR/USD currency pair managed to regain some earlier losses […]
Dow Ready to Rise as Market Processes Fed’s Rate Choice
Market Reactions Following Fed’s Interest Rate Cuts On Thursday, stock market shares were expected to open higher following interest rate cuts from the Federal Reserve—something the market had been anticipating for a while. Federal Reserve Chairman Jerome Powell also signaled support, which seemed to boost investor confidence. Futures for the Dow Jones Industrial Average rose […]