US markets tumble as Trump revives tariff-based strategy
The U.S. stock market has experienced significant volatility during the early months of President Donald Trump’s second term, recording one of the weakest openings to...
Tag : Jerome Powell
Powell defends Fed’s independence amid Trump’s remarks
U.S. President Donald Trump has renewed his criticism of Federal Reserve Chair Jerome Powell, calling for his removal and blaming the central bank’s leadership for...
Bitcoin gains momentum as investors bet on 2025 Fed rate cuts
Bitcoin (BTC) has surged past $96,000, edging closer to the psychologically significant $100,000 threshold following dovish comments from Atlanta Federal Reserve Bank President Raphael Bostic....
Dow, S&P 500, Nasdaq drop after inflation data surprises markets
U.S. stocks declined on Wednesday as investors reacted to unexpectedly high U.S. inflation data for January, which dampened expectations of Federal Reserve interest rate cuts....
Powell signals willingness to review crypto debanking in Senate hearing
Federal Reserve Chair Jerome Powell stated on Tuesday that regulatory policies surrounding banking access should be reassessed, following concerns that the crypto industry is being...
Bitcoin at $105,000 as Powell backs banks serving crypto customers
Bitcoin surged past $105,000 following the Federal Reserve's decision to maintain current interest rates, with Fed Chair Jerome Powell affirming that U.S. banks can serve...
US inflation persists as Trump’s tariff threats add economic concerns
Inflation in the United States remained persistent in December, with a key gauge monitored by the Federal Reserve rising 2.6% year-over-year, up from 2.4% in...
Bitcoin drops 5 percent erasing $5,000 in a sudden price slump
Bitcoin (BTC) experienced a sharp price drop early this week, losing 5% of its value and shedding $5,000 per token. The decline triggered over $130...
Fed minutes reveal concerns over Trump’s policy-driven inflation risks
Federal Reserve officials expressed concerns during their December meeting over potential inflationary pressures stemming from policies proposed by President-elect Donald Trump, according to minutes released...
Fed slashes rates by 50 basis points as inflation cools
MENA Newswire News Desk: The Federal Reserve on Wednesday cut its benchmark interest rate by half a percentage point, marking the first reduction since the...