Trump pressures Fed to cut rates amid tariff fallout
President Trump’s push to oust Fed Chair Powell drew warnings from CEOs and spurred a brief market rally after his reversal....
Tag : Jerome Powell
Bitcoin at $105,000 as Powell backs banks serving crypto customers
Bitcoin jumped past $105,000 after the Fed kept rates steady, with Chair Powell confirming banks can serve crypto clients if they manage risks effectively....
US inflation persists as Trump’s tariff threats add economic concerns
Core inflation stayed at 2.8% in December, aligning with expectations but above the Fed’s target. Rising energy costs and tariff threats pose risks to price...
Bitcoin drops 5 percent erasing $5,000 in a sudden price slump
Bitcoin plunged 5 percent, losing $5,000 per token, as $130M liquidated in long positions. Traders now focus on Fed decisions, GDP data, and inflation indicators....
Fed minutes reveal concerns over Trump’s policy-driven inflation risks
Federal Reserve minutes show cautious interest rate cuts amid inflation risks linked to President-elect Trump’s proposed trade, immigration, and economic policies....
Fed slashes rates by 50 basis points as inflation cools
The Federal Reserve cut rates by half a percentage point Wednesday, its first move since the Covid pandemic, in an effort to stabilize inflation and...
10-year Treasury yield stabilizes as rate cut looms
Following Powell's remarks, the 10-year Treasury yield remains unchanged, signaling market anticipation of rate cuts....