Altcoins added to their rally during late Tuesday U.S. afternoon hours after Treasury Secretary Scott Bessent suggested the Federal Reserve should consider …
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Regulation
Rate Cuts Incoming and US Dollar Decline Not Over Yet, According to Wells Fargo Analysts – Here’s Their Outlook
by shayaanby shayaanEconomists at the banking giant Wells Fargo think the US dollar is primed to trend weaker for the rest of the year, …
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Regulation
Goldman Sachs’ Vice Chair Says Labor Market Even Weaker Than Figures Suggest, Predicts When the Fed Could Announce a Rate Cut
by shayaanby shayaanGoldman Sachs Vice Chairman Robert Kaplan believes that the US labor market is even worse than the job data shows. Kaplan, the …
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Regulation
Bond King Jeffrey Gundlach Says Fed Rate Cuts Incoming, Warns US Inflation Data Appears To Be ‘Made Up’
by shayaanby shayaanDoubleLine Capital CEO Jeffrey Gundlach says the US government’s economic data now appears to be largely fabricated out of thin air. In …
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Regulation
Fed Rate Cut Now Would Be ‘Playing With Fire’ Amid Risk of Credibility Loss, Says Former Treasury Secretary Larry Summers
by shayaanby shayaanFormer U.S. Treasury Secretary Larry Summers believes there is no urgent need for the Federal Reserve to cut interest rates. In a …
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FED holds rates, but rising jobless data pushes 80% chance of a September cut. Crypto crashes as FED delay sparks $490M in …
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Crypto market analysts believe it is only a matter of time before the United States joins other top economies like Europe and …
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U.S. stock indices fell as weak jobs data spooked investors, despite earnings beats from Apple and Amazon. Summary Dow Jones fell more …
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Finance
After Employment Data, Senior Fed Official Bostic Talks About Rate Cuts – What Does He Expect?
by shayaanby shayaanAtlanta Fed President Raphael Bostic told CNBC that July employment data suggests risks in the labor market may be increasing. However, Bostic …
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The price of Bitcoin and other cryptocurrencies wavered on Friday as investors weighed the White House’s latest round of tariffs against fresh …