No Rate Cuts Yet: Fed Maintains Rates at Historic Highs
The U.S. Federal Reserve has opted to maintain the federal funds rate target range at 5.25-5.5%…
All Eyes on the Fed: Steady Rates Anticipated, September Reduction Likely
The U.S. Federal Reserve is set to convene its monthly Federal Open Market Committee (FOMC) meeting…
Fed Chair Powell Reveals No Contact With Biden in 2 Years Amid Economic Challenges
Amid swirling speculation in Washington D.C. about whether President Joe Biden will seek reelection…
Citi Analysts Predict 8 Weeks of Fed Rate Cuts Starting in September, Powell Seeks Evidence
Analysts from Citi, the American multinational investment bank and financial services corporation…
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…
