Greeks.live macro analyst Adam said in a social media post that at the just-concluded Fed interest rate meeting, there was no surprise in cutting interest rates by 25 basis points, and the Fed said it would resume buying 40 billion dollars of short-term US Treasury bonds.
Some analysts believe that in addition to guiding interest rates down, the Federal Reserve may decide at today's meeting to start expanding its holdings of US Treasuries. But the purpose of this move is different from quantitative easing during the financial crisis or the COVID-19 pandemic epidemic - not to stimulate the economy, but to ensure that the size of bank reserves can keep pace with economic growth. (If the size of the Federal Reserve's balance sheet remains unchanged,...
Fox reporter Nick Sortor revealed that when Democratic members defected and voted to reopen the government, Democrats in the House chamber began screaming at each other and chanting "NO."
The US government shutdown has entered its 35th day, and there is little effort to end it. Rifts within the Democratic Party emerged: three moderates defected in favor of reopening the government. Click to view...
According to market news, WazirX is scheduled to resume operations by October 30, with a final date to be announced next week.
U.S. House Minority Leader Jeffries: House Democrats in Washington, D.C., are ready to reopen the government.
US-EU trade is in trouble again? The European Union's trade commissioner seeks to restart negotiations, but the US is lukewarm and differences in steel and aluminum tariffs remain grim. Click to view...
Market news: The European Union once again urged the United States to resume metal tariff negotiations.
Revolut launched a secondary share offering at a valuation of $75 billion.
Powell will give his final speech at the Jackson Hole annual meeting, and his top priority will be to suggest whether the Federal Reserve is about to resume a sustained rate cut, cautiously start a rate cut without promising more, or continue to wait for more data. Click to view...