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Trump, Fed and Bitcoin
Fed Meeting Today: FOMC Cuts Rates Again; Powell Says He Will Refuse to Resign if Trump Asks
Follow news from today's Fed meeting where the FOMC is expected to cut interest rates and chair Jerome Powell will speak.
Bitcoin soars to record $93,400 on Trump euphoria and Fed rate cut bets
The rally was driven by data showing U.S. consumer inflation increased to 2.6% in October, up from 2.4% in September, meeting market expectations. This supports the likelihood of a potential 25-basis-point rate cut next month,
Trump’s Win Drives Crypto Gain As Bitcoin Nears New Record Of $90,000
Bitcoin surged above $89,000 Monday night, up 12% and nearing a record $90,000. The rally was driven by positive sentiment following Trump’s election win and anticipated supportive crypto regulations.
Any inflation surprises might give Fed 'pause' about cutting
Fed lowers key interest rate by quarter point as inflation eases but pace of cuts may slow
After a September half-point cut, the reduction would bring the benchmark federal funds rate down three-quarters of a point from its 23-year high.
The Fed’s Kashkari Sees a December Interest-Rate Cut. Unless There’s an Inflation Surprise.
A higher neutral rate could limit interest rates’ decline, Minneapolis Federal Reserve President Neel Kashkari said.
Fed may pause in December if inflation surprises higher, Kashkari says
An interest-rate cut in December may not happen if inflation surprises to the upside, Minneapolis Federal Reserve President Neel Kashkari said on Tuesday.
6d
Fed meeting recap: Powell ‘feeling good' about economy, says Trump can't legally fire him
In what's been an eventful week, traders are now turning their focus on the Federal Reserve. Policymakers are expected to ...
7h
on MSN
Powell to Speak on Interest Rates and the Economy. Look for Clues About the Fed’s Next Rate Decision.
Federal Reserve Chair Jerome Powell will headline a busy week of central-bank officials’ public remarks on Thursday.
6d
Fed meeting today: Interest rates cut by quarter-point as Powell wrestles with Trump's election win, inflation questions
Fed
Chairman Jerome Powell said the U.S. economy is in very good condition, but "people are still feeling the effects of ...
Reuters
19h
Fed officials wary of inflation risks as they weigh more rate cuts
Traders in financial markets piled into bets that the
Fed
's policy-setting Federal Open Market Committee, fresh from last ...
USA Today
16h
Federal Reserve should proceed 'with caution' on rate cuts, Fed president Logan says
Logan did not speak directly to her view on the appropriateness of a rate cut at the
Fed
's Dec. 17-18
meeting
, but her ...
6d
on MSN
What to expect from the Fed's meeting today
CNBC's Steve Liesman joins 'The Exchange' to discuss the Fed's outlook with on rate cuts with a new president-elect.
CNET on MSN
7d
First Fed Meeting After Election: Expect a Rate Cut, but What's in Store for 2025?
After graduating with a journalism degree from SUNY Oswego, he wrote credit card content for Credit Card Insider (now Money ...
6d
Fed Meeting Live Updates: Powell discusses latest rate cut, inflation and Trump
Since its inception in 1976, Bankrate has been the top source for information on interest rates and the Federal Reserve. With ...
11d
The November Fed Meeting: What To Expect And How To Trade It
The Fed lowering interest rates will lower financial balances in the private sector by $82B per year. Find out what to expect ...
CNET
9d
How to Watch the Fed Meeting, and Why It Was Moved This Month
Fed
Chair Powell is set to address the country on Thursday this week, a change up from the typical Wednesday
meeting
.
23h
Wall Street opens little changed after in-line inflation data
Wall Street's main indexes were steady on Wednesday after in-line consumer price inflation data kept the Federal Reserve on ...
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