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Two Fed Members Discuss Interest Rate Cuts! What Will Be Decided at the Next Meetings?
The Fed cut interest rates by 25 basis points last week, in line with expectations. Expectations for a further rate cut are diminishing due to inflation concerns. While FED members have different opin...
Michelle Bowman warns that the Fed is already behind and needs faster, larger rate cuts
Federal Reserve Governor Michelle Bowman said the Fed is already late to fix the problem and needs to move fast. Speaking at the Kentucky Bankers Association’s 2025 convention, Michelle warned that af...
JPMorgan's Jamie Dimon doesn’t see more Fed rate cuts unless inflation drops
JPMorgan CEO Jamie Dimon said on Monday he doesn’t see the U.S. Federal Reserve cutting interest rates further unless inflation drops. The tech executive also revealed that he isn’t concerned about st...
OECD expects tariff blows ahead despite expectation-defying global growth
Global growth is proving sturdier than expected, but the hit from higher U.S. import tariffs has not fully shown up yet. For now, strong spending on artificial intelligence in the United States is sup...
United States and China talks stall over rare earth supply dispute
Representatives from the U.S. and China have held a series of meetings to discuss trade and security concerns. U.S. delegates met with Chinese leaders to discuss trade and security in the first U.S. H...
Trump-Xi summit off the table this year, says U.S. ambassador
The long-rumored meeting between Trump and Xi Jinping is officially not happening this year, according to U.S. Ambassador to China David Perdue. Speaking during a press briefing Tuesday in Beijing wit...
Asian stocks rally while global markets show mixed signals
Markets around the world went two separate ways Tuesday as S&P 500 futures barely moved while Asian indexes shot higher. According to CNBC, S&P 500 futures dipped just 0.02% early in the day, with Dow...
JPMorgan CEO Jamie Dimon Makes Statement on FED and Cryptocurrency
JPMorgan CEO Jamie Dimon, who has been hostile towards Bitcoin (BTC) and cryptocurrencies for years, has recently softened his stance. Jamie Dimon, who made moderate statements about Bitcoin and crypt...
The UK’s Pension Protection Fund stated that it crafted rules to set the levy to zero
On Tuesday, the UK’s Pension Protection Fund (PPF) confirmed it would end its levy in 2025–26, freeing up £45 million, equal to about $60 million, for schemes this year. The lifeboat fund added that t...
ECB's Nagel said the euro’s rise is overstated when judged only against the dollar
ECB’s Joachim Nagel sought to ease fears that the Euro’s rise is hurting Europe’s exporters, saying a focus on the US dollar alone overstates any hit to competitiveness. Nagel, who heads Germany’s Bun...
Three Top-Level FED Members Made Critical Statements About Interest Rates and the US Economy
FED officials made important assessments regarding the labor market and monetary policy outlook. Federal Reserve Board Member Beth M. Hammack said the current unemployment rate, at 4.3%, is close to f...
Critical Statements from Fed Member Bostic! "There Will Be No More Rate Cuts This Year!" Here's Why…
Atlanta Fed President Raphael Bostic remains cautious about rate cuts amid inflation concerns, the Wall Street Journal reported. Speaking to the WSJ, Bostic said he expects only one rate cut in 2025. ...