Updated: 10h| Published: 25h
The Federal Reserve, led by Jerome Powell, implemented its third 0.25 percentage-point cut to its benchmark interest rate, setting the target range between 3.50% and 3.75%.Donald Trump criticized this decision as insufficient, having advocated for a larger 0.50 percentage-point cut, and is reportedly considering replacing Powell with Kevin Hassett.Powell indicated the central bank remains cautious on future reductions, with policymakers weighing the economic outlook, while market experts offer varied opinions on further policy adjustments.
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JeromePowell

The Federal Reserve, led by Jerome Powell, implemented its third 0.25 percentage-point cut to its benchmark interest rate, setting the target range between 3.50% and 3.75%. Donald Trump criticized this decision as...

25h/10h
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DonaldTrump

The Supreme Court considers a case that could significantly alter presidential authority over independent federal agencies, potentially overturning the 90-year-old precedent set in Humphrey's Executor (1935). Donald...

Fri/Mon
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FederalReserve

The Bureau of Economic Analysis reported a 0.3% rise in consumer spending in September after a downward revision in August, signaling cautious but positive economic behavior. Despite sluggish labor markets and rising...

Fri
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KevinHassett

European stock market futures pointed higher as investors awaited the Federal Reserve policy decision and assessed incoming economic data, with CME FedWatch tool signaling an 89% chance of a rate cut. The S&P 500 closed...

4 Dec/5 Dec
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JeromePowell

Federal Reserve Chairman Jerome Powell compared economic uncertainty to "driving a car in the fog" as the US economy faces mixed signals following a historic government shutdown and a shift toward AI-fueled growth....

2 Dec/3 Dec
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MichaelSaylor

Bitcoin dropped sharply, losing over 30% from its mid-October peak to below $85,000, erasing more than $750 billion in value and triggering further steep declines in Ethereum, XRP, Solana, and Dogecoin as well as...

1 Dec/3 Dec
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PeterAtwater

Peter Atwater, who coined the term "K-shaped economy," explained that wealthy Americans benefit from asset inflation while lower-income groups face the cumulative burden of price inflation. Despite overall economic...

1 Dec
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DonaldTrump

Donald Trump has effectively narrowed down his search for the next Federal Reserve Chairman to Kevin Hassett, whose appointment is favored by markets and has raised concerns among bond investors and bank executives....

1 Dec/3 Dec