Federal Reserve’s key inflation metric goes bearish on US economy
Inflation’s grip didn’t loosen up in March. The Federal Reserve keeps a close eye on the personal consumption expenditures (PCE) price index. This month, it didn’t bring any relief. The Commerce Department spilled the beans on Friday, revealing that the core PCE (that’s the one without food and energy costs) was up 2.8% from last […]
The Federal Reserve has officially stopped making sense
Federal Reserve officials are anticipating further data indicating that their fight against inflation is plateauing, leading to an extended period of higher interest rates. The data is expected to reaffirm that the personal consumption expenditures price index (PCE), an inflation measure favored by policymakers, remained high in March. Fed with Inflation Measures and Economic Indicators […]
Let’s face the possibility of Federal Reserve hiking interest rates
The conversation around the Federal Reserve potentially increasing interest rates is picking up steam. Not long ago, such a notion seemed off the table, but now, it’s a topic gaining traction among economic discussions. The criteria for such a move is a notable rise in prices coupled with a shift in consumer and business expectations. […]
Federal Reserve is delaying interest rate cuts until 2025
It looks like the Federal Reserve is on track to keep interest rates steady well into 2025, marking a cautious approach in the economic playbook. Raphael Bostic, the head of Federal Reserve Bank of Atlanta, laid it out clear. Interest rates aren’t going down anytime soon, not until the tail end of this year or […]
Federal Reserve reiterates that it doesn’t care about cutting rates
Loretta Mester, President of the Federal Reserve Bank of Cleveland, has recently stated that the central bank is not in any rush to reduce interest rates despite ongoing discussions about the state of the economy. According to Mester, while the expectation remains for inflation to decrease further, substantial data supporting this trend towards the Federal […]
The Federal Reserve itself can’t make sense of U.S. inflation
Three months into 2024, and we’re already grasping at straws trying to understand the trajectory of U.S. inflation. Despite a slowdown from the fiery rates of 2022, the decline isn’t as swift or as steady as anyone hoped. Inflation is hanging around like a bad odor, and the expectations for its future course are only […]
Federal Reserve v. ECB – Who will cut interest rates first?
Amidst the global economic rollercoaster, the million-dollar question that’s got investors biting their nails and analysts spitting predictions like fortune-tellers is: Who’s going to blink first in the face-off between the Federal Reserve and the European Central Bank when it comes to slashing interest rates? Europe’s Inflation Slide and America’s Price Pressure On this side […]
Jerome Powell reiterates he has no plans to cut rates anytime soon
Jerome Powell, the governor at the Federal Reserve, threw a cold splash of reality on us this Wednesday, making it crystal clear he’s not about to hit the rate-cut button anytime soon. Yeah, you read that right. Despite the jitters and jitterbugs dancing around the idea of easing monetary policy, Powell’s standing firm, and here’s […]
Federal Reserve doubles down on bullish outlook for U.S. economy
The Federal Reserve isn’t playing games when it talks about the U.S. economy. With perhaps way too much confidence, it’s talking about an enduring strength in economic activity. The message is loud and clear. Don’t expect the cost of borrowing money to get cheaper anytime soon. Loretta Mester of the Cleveland Federal Reserve and someone […]
Federal Reserve pushed to heighten rate cut measures
The call for the Federal Reserve to get a move on and make deeper rate cuts is growing louder by the day. Picture this:- the economic stage is set, the actors (in this case, market players) are in their positions, and all eyes are on the Fed to deliver a performance that could potentially steer […]
Federal Reserve optimism clashes with investor concerns as Bitcoin holds firm
Bitcoin has held ground during US economic uncertainty, and its price is flat despite mixed signals in the financial markets and among policymakers. Federal Reserve Chairman Jerome Powell has been pretty positive, in contradistinction with concerns from investors ranging from potential economic turbulence and signal divergence in sentiment at various levels of the financial community. […]
Jerome Powell says interest rate cuts will do nothing for U.S. economy
Jerome Powell, the man in charge of the Federal Reserve, pretty much just told us that cutting interest rates right now is as useful as a screen door on a submarine. Man’s hanging tight, insisting that unless the economic scene shifts big time, rates are staying put. Now, if you were hoping for some wizardry […]
Federal Reserve gets more reasons to hold off on interest rate cuts
The scenario with the Federal Reserve and interest rates is becoming akin to a suspense thriller where the hero, against all odds, refuses to throw in the towel. The latest updates from the Federal Reserve’s camp reveal a cautious stance towards the idea of slashing interest rates from their towering 23-year summit. Christopher Waller, a […]
Federal Reserve keeps interest rates steady – So what now?
The drumroll stops, the curtains are pulled back, and what do we see? The Federal Reserve playing it cool yet again, deciding not to change the interest rates which are chilling at a cozy 5.25% to 5.5% range. It’s been the same story for the fifth time running. You might think it’s a rerun episode, […]
U.S. economy’s growth forces Fed to rethink rate cut strategy
The tables have turned for the U.S. economy, leaving everyone wide-eyed and bushy-tailed. Gone are the days when the U.S. was the delicate flower of the global garden, wilting without the Federal Reserve’s nurturing low rates. Recent data throws a wrench in the works, showing an economy that’s not only standing tall but also flexing […]
There are so many things wrong with Federal Reserve’s balance sheet
The balance sheet of the Federal Reserve is under a microscope, and for a good reason. It’s a whopping $7.5 trillion behemoth that’s got policymakers and market watchers alike breaking out in cold sweats. Let’s dive deep, shall we? Because, boy oh boy, there’s a whole lot to unpack here. Since 2022, the Fed has […]
Why economists expect prolonged high rates by the Federal Reserve
The word on the street, or rather, from the hallowed halls of academia, is that the Federal Reserve has painted itself into a corner with high-interest rates that it’ll be hard-pressed to lower anytime soon. Now, this isn’t some wild speculation from market bears wearing tinfoil hats; it’s the considered opinion of academic economists who’ve […]
The fate of our global economy is now in the hands of BOJ and Federal Reserve
The financial well-being of our planet is precariously perched on the decisions of two monumental institutions:- the Federal Reserve and the Bank of Japan (BOJ). As they prepare to chart the course for nearly half of the world’s economy, their upcoming decisions are more than just routine adjustments. They’re pivotal moves that could dictate the […]
Federal Reserve’s interest rate decision ends markets’ long resistance
After months of a high-stakes game of chicken, the market finally blinked, aligning itself with the Federal Reserve’s view on interest rate cuts. It seems like the saga of will-they-won’t-they has found its finale, with traders now betting on just three rate reductions by the year’s end. This shift is a monumental move from the […]
U.S. Representative exposes Federal Reserve’s secret CBDC plans
Rumors have swirled, whispers have intensified, and now the cat’s out of the bag, or rather, the document’s on the table. U.S. Representative Tom Emmer, a figure not exactly known for holding his tongue or his punches, has thrown a heavyweight curveball into the ongoing saga of the Federal Reserve’s dance with the concept of […]
Federal Reserve is likely not going to cut interest rates this year
The recent data of the U.S. economy has put the brakes on any fantasies about the Federal Reserve cutting interest rates anytime soon. With the latest figures on inflation heating up and unemployment claims cooling down more than anticipated, it looks like the Fed’s big chair might just stay put, keeping the interest rates at […]
Federal Reserve grapples with endurance test as inflation rises to 3.2%
The recent uptick in U.S. inflation to 3.2% wasn’t on anyone’s bingo card, proving yet again that the universe has a weird sense of humor, especially when it comes to economics. The Federal Reserve, our monetary watchdog, is now neck-deep in the muck, trying to navigate what’s been dubbed the “last mile” in its marathon […]
Federal Reserve cuts interest rate amid inflation concerns
In a significant move reflecting the current economic climate, the U.S. Federal Reserve has decided to cut its interest rate, with most economists advocating. The decision, made in June, comes as the central bank aims to navigate the uncertain waters of inflation and maintain its target rate of 2%. Economists push for a rate cut […]
Federal Reserve says it’s actually never creating a CBDC – The basis?
Busting the bubble right at the outset, everyone’s favorite Chair of the Federal Reserve, Jerome Powell, made it very clear during a Senate hearing that the United States won’t be getting a central bank digital currency anytime soon, if ever. And no, this isn’t some bureaucratic foot-dragging. There’s actually a huge reason behind it, despite […]
Fake-steady U.S. economy deters interest rate cuts – What to expect
Today’s financial news zeroes in on the Federal Reserve and the U.S. economy’s resilience, sparking a wave of revised economic forecasts and reshaping expectations for interest rate policies in the near future. Experts, having digested recent data, project a brighter path ahead, suggesting a more robust economic performance than previously anticipated, which might influence the […]
Powell is in a bit of a dilemma over cutting interest rates
Jerome Powell, the man steering Federal Reserve, finds himself at the center of a political battle. With the weight of an election year pressing down, Democrats are pushing for interest rate cuts to help the economy, while Republicans are fighting back against plans to give banks more money. This week, Powell’s calendar is marked with […]
Federal Reserve’s interest rate cuts on standby for data-driven triggers
As the economic heartbeat of the country keeps thumping strong, whispers of interest rate cuts by the Federal Reserve continue to float around. But don’t hold your breath just yet. The guys at the Fed, led by President Mary Daly of San Francisco, are playing it cool. They’re perched like hawks, eyes glued to the […]
Ted Cruz picks a new fight with Federal Reserve over CBDC
A new report from Fox Business has unveiled that a group of US Senators is rolling up their sleeves to challenge the Federal Reserve’s capacity to roll out a Central Bank Digital Currency (CBDC). This move, spearheaded by GOP Senators with Texas’ own Ted Cruz in charge, is firing up to curb the inception of […]
Federal Reserve minutes reveal caution… mostly
At their January gathering, Federal Reserve bigwigs showed a marked hesitance to slash interest rates anytime soon, despite some easing up on the inflation front and hitting employment targets. They’re keeping a tight grip on rates that are sky-high, not seen in over two decades, hanging between 5.25% and 5.5%. Their message was crystal clear: […]
Federal Reserve reveals its plans for BRICS
Over the past year, there have been like a thousand headlines about BRICS coming for the dollar, and dethroning it. Under the guidance of China’s Xi Jinping and Russia’s Vladimir Putin, BRICS has taken a lot of direct jabs at the United States government. We all know the part the country plays in our global […]
What to expect from Federal Reserve’s upcoming minutes
The anticipation surrounding the Federal Reserve’s latest minutes release is akin to waiting for a storm to break. With the market’s eyes firmly fixed on the horizon, expectations are high, or rather, weighted with a mix of skepticism and hope. Jay Powell, since the January policy meeting, has shown a steadfast resolve against the market’s […]
Federal Reserve wants to ban U.S. banks from holding crypto ETFs
When it comes to the blockchain industry, it’s clear that the times are a-changin’—and not everyone’s pleased about it. With the crypto market gaining unprecedented momentum, it’s become a hotbed of debate, especially among the high and mighty of finance. The Federal Reserve finds itself at the epicenter of this debate, particularly with one of […]
Federal Reserve deliberately pushing back rate cuts
With the finesse of a seasoned grandmaster, the Federal Reserve is currently navigating the economic chessboard between inflationary pressures and market expectations, a game with high stakes. According to recent estimates, the cost of housing has been the main factor propelling consumer prices in the United States to unexpectedly high levels. But the Fed’s inflation […]
Why is the Federal Reserve pushing for stablecoin regulation?
Looks like the Federal Reserve is steering America toward a future where stablecoins are not just acknowledged but also regulated. In his recent meetings with House Democrats, Jerome Powell made it plain that a legal framework for stablecoins is an absolute must if the United States is to effectively traverse these unexplored seas. This position […]
Federal Reserve predicts a gloomy future for US dollar
Settle in, guys, because it looks like the US dollar is heading for a rough patch, and it’s not just small talk at the water cooler. The big guns at the Federal Reserve have basically come out and said, “We’ve got a problem.” And when the Fed speaks, you know it’s time to listen. They’re […]
Federal Reserve wraps up probe into SBF’s Farmington state bank
In a notable development that could easily be the plot of a cyber-heist movie, the Federal Reserve recently declared the conclusion of an enforcement action against Farmington State Bank, a financial institution previously entangled with the now-defunct cryptocurrency giant, FTX. This conclusion marks the end of a saga that reads like a thriller, featuring cybercriminals, […]
Federal Reserve says the U.S. job market doesn’t move it
The U.S. job market’s recent display of vitality, marked by a surprising surge in employment figures for January, hasn’t caused so much as a flutter in the steadfast resolve of the Federal Reserve. Despite the labor market’s apparent exuberance, with job creation numbers almost doing a double-take worthy performance, the central bank’s decision-makers remain unswayed […]
OECD predicts rate cuts as U.S. inflation takes a downward turn
As we vault into the heart of 2024, the economic landscape is undergoing a seismic shift, with the United States at the epicenter of a potentially game-changing development. According to the latest forecasts by the Organisation for Economic Co-operation and Development (OECD), the U.S. is on the brink of experiencing interest rate cuts within mere […]
Donald Trump vows to fire Jay Powell if he gets back into office
Donald Trump, the former U.S. President and Republican frontrunner, has once again stirred the pot by declaring his intention to oust Jay Powell from his position as Chair of the Federal Reserve should he reclaim the presidency. Trump’s accusations against Powell for being overly “political” and his assertion that Powell would manipulate interest rates to […]
Inside Federal Reserve’s first interest rate decision of 2024
The Federal Reserve, in a move that kept Wall Street on its toes, opted to maintain interest rates at their 23-year peak during their first policy meeting of 2024. The decision, arrived at unanimously, holds the benchmark federal funds target steady between 5.25% and 5.5%. This steadfast approach from the US central bank indicates a […]
