Waller from the Fed States Rate Cuts Could Start in July
Christopher Waller from the Federal Reserve Council expressed on Friday that central banks might start to lower interest rates as early as next month. He believes that there’s no need to wait for signs of cooling inflation or a weakening labor market before taking action. “I think we’re in a position to be able to […]
Waller from the Fed indicates that interest rate reductions might happen by July.
The Federal Reserve’s Potential Rate Cuts The Federal Reserve might lower interest rates as early as 2025, although one member of the Governor’s Committee indicates things could shift sooner than expected. In a recent interview, Federal Reserve Governor Christopher Waller mentioned that, in his view, the central bank could start cutting rates next month. “I […]
Bitcoin Remains Steady as Waller Suggests Rate Cut in July
Simply put Federal Reserve Governor Christopher Waller suggested back in July that the Fed should consider cutting interest rates before the job market “tanks.” This Wednesday, the Fed decided to keep interest rates unchanged for the fourth straight month. Fed Chair Powell mentioned that, while economic uncertainty is rising due to the ongoing trade tensions […]
Central bank split on cutting interest rates in July
Federal Reserve Officials Divided on Interest Rate Cuts There seems to be a widening gap among Federal Reserve officials regarding interest rate policy. Governor Christopher Waller is advocating for cuts as soon as next month, while Richmond Fed President Thomas Birkin issues warnings about persistent risks tied to tariff-driven inflation. “I think now is the […]
White House Urges Congress to Approve ‘Wonderful’ Bill by July 4 Despite Challenges Ahead
Trump’s Budget Bill Timeline During a closing luncheon on Wednesday, White House Chief of Staff Susie Wills informed a Republican senator that President Trump hopes to have a “big, beautiful” budget package ready by July 4th. The White House has set an ambitious timeline, but Senators are still working out the details of contentious provisions, […]
Veteran who won a defamation case against CNN is now facing AP before a hearing on July 3.
Navy Veteran Sues Associated Press for $500 Million Over Defamation US Navy veteran Zachary Young is currently engaged in legal battles regarding a significant hearing scheduled for July 3rd in his lawsuit against the Associated Press. This comes after Young previously filed a suit against CNN over what he claimed was defamation; CNN suggested he […]
Joey Chestnut reaches agreement to participate in Nathan’s July 4th Hot Dog Eating Contest after his exclusion.
Joey Chestnut is making a comeback. The competitive eating champion is set to participate in this year’s Nathan’s Hot Dog Eating Contest at Coney Island on July 4th. He missed last year’s event due to a disagreement over a sponsorship deal he had with another hot dog brand. The announcement from Major League Meals and […]
Thune promises to continue working during the July 4th break to support the Trump-endorsed legislation
Senate Majority Leader’s Commitment to Legislation Senate Majority Leader John Thune, a Republican from South Dakota, has indicated that senators are prepared to extend their time on Capitol Hill, even over weekends and holidays, to prioritize legislative work. Thune mentioned, “For the president, that’s clearly a very high priority. He campaigned about it,” in an […]
Trump states he is willing to consider extending the July trade deal deadline.
Trump Discusses Trade Agreement Deadline On Wednesday, President Donald Trump mentioned he might be open to extending the deadline for a trade agreement with the United States, although he doesn’t see it as necessary. He indicated that in about a week or two, his administration would clarify what constitutes a deal. This statement came before […]
Bitcoin targets $115K by July, but robust US job data could jeopardize the rally, analysts say.
Bitcoin Price Expectations and Market Sentiment Analysts believe Bitcoin could soar to over $115,000 as soon as next month, provided that facility purchases continue and US job data comes in “weaker than expected.” According to a Bitfinex analyst speaking to Cointelegraph, “In a bullish scenario driven by strong institutional interest and a surge in ETFs, […]