News list for " Agenda"

Bank of America: It is expected that in the second half of the year, the Federal Reserve has ended its rate-cutting cycle

Trump's trade, fiscal and immigration policy agenda is expected to trigger moderate inflation, BofA analysts wrote, predicting that the changes would be reflected in inflation in the second half of 2025. They noted that any additional tariffs in the coming weeks could bring the timeline forward. "A key question is whether policy changes will affect long-term inflation expectations," they said, adding that market-based measures of inflation remained within historical ranges. BofA reiterated its s...

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2025-02-11 12:21:34
Switching from running a hotel to hoarding bitcoin, Japan's Metaplanet shares rose 4,000% in a year.

US President Donald Trump's pro-cryptocurrency agenda has set off a chain reaction, with a surge in demand for bitcoin in the Japanese market and an eye-popping return for shareholders as a hotelier turns to stockpiling it. Shares of Metaplanet Inc. have rallied more than 4,000% in the past 12 months, according to data, the biggest gain in the Japanese stock market over the same period and one of the highest gains in the world. Bitcoin had previously hit a record high, although it has pulled bac...

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2025-02-10 12:19:51
Mr. Bessant is a strong advocate of Mr. Trump's economic agenda, which has focused on tax cuts and steep tariffs. Click to view...

Mr. Bessant is a strong advocate of Mr. Trump's economic agenda, which has focused on tax cuts and steep tariffs. Click to view...

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2025-01-28 08:34:23
Goldman Sachs expects three consecutive rate cuts of 25 basis points in September

Goldman Sachs detailed the agenda of the Jackson Hole Global Central Bank Annual Meeting in this week's report, among which the most high-profile speech is none other than Powell's speech. Federal Reserve Chairperson Powell will give a keynote speech at 10:00 am EST on August 23 (22:00 Beijing time on Friday). The speech will be broadcast live but there will be no question-and-answer session after that. Goldman Sachs pointed out that the market may return to the signal of interest rate cut confi...

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2024-08-18 21:03:03