According to IFR, a media outlet owned by Reuters, in addition to the 25 basis points cut in interest rates, the first headlines that market participants see in this Federal Reserve decision may be three or more officials who oppose it. There is no doubt that Waller, Bowman and Milan will be in the third position, they want to cut interest rates more sharply, and the other opponents may be Goolsby, Schmid or Musalem, who want to keep interest rates unchanged. However, what traders really focus o...
According to market sources, Vice President Vance wants Musk to rejoin the MAGA camp before the midterm elections.
According to the Nikkei: Japanese Prime Minister Shigeru Ishiba hopes to hold talks with the U.S. Treasury Secretary on tariffs on Friday.
According to the Nikkei: Japanese Prime Minister Shigeru Ishiba hopes to hold talks with the U.S. Treasury Secretary on tariffs on Friday.
On June 4th, according to people familiar with the matter, Saudi Arabia hopes that OPEC + will continue to accelerate its oil production increase in the coming months, as the kingdom places more emphasis on regaining lost market share. Saudi Arabia, which has an increasingly dominant position in OPEC +, wants the organization to increase production by at least 411,000 barrels per day in August and possibly September, according to people familiar with the matter. Saudi Arabia is eager to lift the...
According to the Data for Progress survey, only 10 percent of U.S. voters want the Trump administration to increase federal funding for cryptocurrency and blockchain development. In contrast, many prioritize support for Social Security (65 percent), Medicare (64 percent), and infrastructure building (64 percent). President Trump has ordered the creation of a cryptocurrency strategic reserve funded by confiscated bitcoins, a move that has sparked widespread discussion. Although 51% of voters oppo...
President Donald Trump says he is working to balance the budget immediately. He wants to achieve a balanced budget, but doesn't want to commit now. Trump said he is considering giving 20% of DOGE savings to Americans, and could also use 20% of DOGE savings to pay down debt.
The Fed wants to see "further progress on inflation" before deciding to cut interest rates again, according to meeting notes. Citing rising inflationary pressures, the Fed stabilised interest rates at a range of 4.25-4.5 per cent at its last meeting, and markets do not expect a rate cut at the March meeting. According to meeting notes, the committee agreed that "the Fed has sufficient time...
On Monday, Ms Bauman said she wanted to see more progress on inflation reflected in the data before further rate cuts. While she expected inflation to continue to decelerate this year, she said disinflation was "likely to take longer than we expect". Click to view...