Fed Holds Policy Steady, Expresses More Caution Than Expected on September Rate Cut
The Marriner S. Eccles Federal Reserve Board Building in Washington, D.C. (AgnosticPreachersKid/Wikimedia)
Interest Rates
Bitcoin, Stocks Bleed as China Rate Cuts Signals Panic, Treasury Yield Curve Steepens
China’s back-to-back interest-rate cuts signal urgency to shore up growth after the recent Communist party plenum offered little support to the nation’s flagging economy.
Fed Might Focus on Weakening Labor Market Rather Than Inflation as It Mulls Rate Cuts: Economists
A weakening labor market could persuade the Fed to cut rates even as inflation is not yet back to the Fed’s 2% goal.
Bitcoin Little-Changed Above $57K as Fed Chair Powell Testifies to Congress
Jerome Powell made clear that central bank policymakers are focused on downside risks to the economy as much as they are inflation.
Economic warning signs: U.S. job market shows concerning trends
Despite the headline numbers suggesting a robust job market, a closer look reveals troubling trends that could have significant implications … Continue reading
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Finance market prices a single interest rate cut for 2024 in the U.S.
The finance market has dramatically shifted its expectations for U.S. interest rates in 2024, now pricing in just a single … Continue reading
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FOMO takes over as April’s ‘Nonfarm Payrolls’ data favor interest rate cut
The United States reported 175,000 Nonfarm Payrolls in April, highlighting a drastic drop from the previous month — hinting at … Continue reading
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U.S. April Job Additions of 175K Miss Forecasts for 243K, BTC Rises Above $60K
The government’s jobs report for April was released Friday morning (Unsplash)
Federal Reserve Holds Policy Steady, Says Progress on Inflation Has Stalled
Hopes for a series of interest rate cuts in 2024 have been quickly vanishing over the past few weeks as both the economy and inflation exhibit unexpected strength.
Investors adjust their bets on Fed’s interest rate cut for 2024
Finance markets trembled early this week in the expectation of the Federal Reserve’s target interest rate decision on May 1. … Continue reading
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