Fed’s Minutes Report Cites High Inflation and Economic Risks in Decision to Hold Rates
According to the minutes from the Federal Reserve’s Federal Open Market Committee (FOMC), the…
Bitcoin Dips to $56,952 as Market Reacts to Mt Gox and German BTC Moves
On Thursday, July 4, 2024, the price of bitcoin fell below $57,000, reaching a low of $56,952 at…
IMF Advises US to Keep Interest Rates Steady Through Late 2024
The International Monetary Fund (IMF) has advised the U.S. to improve its fiscal position by…
Fed Chair Jerome Powell Says US On ‘Unsustainable Path’ Amid Massive Deficits, Calls for Solution Sooner Than Later
Fed Chair Jerome Powell says the US is on an unsustainable fiscal path and that it should be a…
US Senators Pen Letter to Jerome Powell, Urging Fed Chair To Cut Interest Rates
Two US senators are urging Federal Reserve Chair Jerome Powell to cut interest rates to avoid an…
US Senators Urge Federal Reserve to Cut Interest Rates — Warn Fed Policy Threatens Economy, Risks Recession
Three U.S. senators have urged Federal Reserve Chair Jerome Powell to cut interest rates, arguing…
Fed Governor Bowman Insists High Inflation Could Necessitate Future Rate Hikes
Inflation in the U.S. has remained persistent, experiencing increases in the first two months of…
Powell: Economy Progresses but Inflation Still ‘Too High’ to Adjust Benchmark Rate
On Wednesday, March 20, 2024, the Federal Open Market Committee (FOMC) declared that there will be…
$4,165,000,000 in Deposit Flight Hits New York Bank As Federal Reserve Chair Jerome Powell Warns More Lenders Will Collapse
A New York-based bank is witnessing the exodus of billions of dollars in deposits amid an…
