How Trump Can Address the Fed’s Collective Thinking Issue
The Fed requires some objection and diversity Larry Kudlow made some important points. In this week’s strong column, Kudlow raised concerns that The Federal Reserve has succumbed to bureaucratic groupthink. It looks like everyone is in agreement—12-0 votes on policy decisions are the norm. There’s a lack of objections and transparency. Even those who were […]
US Dollar Index dips to around 98.50, waiting for Fed’s Monetary Policy Report
The US dollar index is likely to depreciate, possibly due to some technical adjustments. There’s a chance the dollar could strengthen in light of potential US involvement in Middle Eastern conflicts. Federal Reserve Chairman Powell cautioned that uncertainty in policy could keep the central bank from taking action. The US Dollar Index (DXY), which assesses […]
Gold holds steady around $3,390 as traders anticipate the Fed’s rate decision and dot plot.
Gold prices bounce back from $3,370 after Al Jazeera counters Trump’s statements regarding Iranian discussions. Unemployment continues to rise, housing data is underwhelming, and safe haven demand remains strong. The salary appears unchanged. Hawkish dot plots allow for comparisons with gold prices. Gold is expected to trade steadily during the North American session on Wednesday, […]
US Dollar Index remains steady around 98.50 before the Fed’s policy decision
The US dollar index remains largely unchanged as traders exercise caution ahead of Federal Reserve decisions. Market expectations suggest that the Fed will maintain current interest rates in their upcoming June meeting. In May, US retail sales dropped by 0.9%, which was worse than the anticipated 0.7% decrease. The US Dollar Index (DXY), which assesses […]
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 […]