US markets tumble as Trump revives tariff-based strategy
Over $3.6 trillion in market value has been erased since Trump returned to office, as confidence in U.S. economic leadership begins to falter....
Tag : Jerome Powell
Powell defends Fed’s independence amid Trump’s remarks
President Trump’s push to oust Fed Chair Powell drew warnings from CEOs and spurred a brief market rally after his reversal....
Bitcoin gains momentum as investors bet on 2025 Fed rate cuts
Bitcoin surged past $96,000 as Fed’s Raphael Bostic signaled rate cuts in 2025, boosting investor optimism and driving expectations of a shift in U.S. monetary...
Dow, S&P 500, Nasdaq drop after inflation data surprises markets
U.S. stocks tumbled Wednesday after inflation data exceeded forecasts, raising fears of delayed rate cuts. The CPI report fueled uncertainty, sending the Dow, S&P 500,...
Powell signals willingness to review crypto debanking in Senate hearing
Federal Reserve Chair Jerome Powell said banking regulations should be reassessed to ensure they do not unfairly exclude crypto firms, following growing concerns over debanking...
Bitcoin at $105,000 as Powell backs banks serving crypto customers
Bitcoin jumped past $105,000 after the Fed kept rates steady, with Chair Powell confirming banks can serve crypto clients if they manage risks effectively....
US inflation persists as Trump’s tariff threats add economic concerns
Core inflation stayed at 2.8% in December, aligning with expectations but above the Fed’s target. Rising energy costs and tariff threats pose risks to price...
Bitcoin drops 5 percent erasing $5,000 in a sudden price slump
Bitcoin plunged 5 percent, losing $5,000 per token, as $130M liquidated in long positions. Traders now focus on Fed decisions, GDP data, and inflation indicators....
Fed minutes reveal concerns over Trump’s policy-driven inflation risks
Federal Reserve minutes show cautious interest rate cuts amid inflation risks linked to President-elect Trump’s proposed trade, immigration, and economic policies....
Fed slashes rates by 50 basis points as inflation cools
The Federal Reserve cut rates by half a percentage point Wednesday, its first move since the Covid pandemic, in an effort to stabilize inflation and...