Unanimous Fed Decision: Quarter-Point Cut Signals Major Shift
The U.S. Federal Reserve gathered on Thu. for its Federal Open Market Committee (FOMC) session…
Election Day Drama Won’t Be the Only Major Event in November – Here’s Why
With only 15 days left until the U.S. Federal Reserve’s Federal Open Market Committee (FOMC)…
JPMorgan’s Bold Call: Why Carry Trades May Be Facing Their Final Days
A new JPMorgan report warns that carry trades are losing effectiveness as global interest rates…
A New Fed Working Paper Aims to Rein in Bitcoin With Taxes or Prohibition—Here’s Why It’s Flawed
In a working paper, Amol Amol and Erzo G.J. Luttmer from the Federal Reserve Bank of Minneapolis…
Bank Runs Hit 22 US Lenders in 2023 As Wave of Panic Sank Silicon Valley Bank: New York Federal Reserve
The collapse of Silicon Valley Bank (SVB) triggered a wave of bank runs at 22 US lenders last year…
Arthur Hayes Predicts Bitcoin Boom Amid Middle East Tensions and Inflation
Former Bitmex CEO Arthur Hayes sees a bitcoin bull market on the horizon, driven by soaring energy…
Bank of America Warns $35,751,000,000,000 National Debt Will Surge To 'Unprecedented Levels' As US Lender Recommends One Asset To Investors
Bank of America says the $35.751 trillion national debt will rise to “unprecedented levels” in…
JPMorgan Chase, Bank of America Forecast New Rate Cut in November As Fed President Says Soft Landing Likely: Report
Two of the largest banks in the US believe another rate cut from the Federal Reserve is…
$6,470,000,000,000 Crammed Into Money Market Funds As JPMorgan Chase Issues Rate Cut Warning
Investors have now deposited a record $6.47 trillion into money market funds, according to a new…