China International Capital Corporation Research Report believes that considering two scenarios, one is the lack of substantive progress in the negotiations between the United States and its trading partners, and the effective tariff rate of the United States is still very high after 90 days. At this time, the income effect is dominant, and economic demand is weakening or prompting the Federal Reserve to cut interest rates from July. The cumulative rate reduction for the whole year may reach 100...
Philip Jefferson, vice-chairperson of the Federal Reserve, said the central bank's goal of maintaining price stability and achieving full employment would help promote economic mobility in the US. "In a tight labour market, when individuals move up to higher positions, it frees up jobs for newcomers or less educated workers," Mr. Jefferson said in a speech for the Philadelphia Fed on Tuesday.
The Reserve Bank of Australia left the base rate unchanged at 4.1 percent, in line with market expectations. The central bank cut interest rates for the first time in more than four years in its last decision. (Jin Ten)
Super central bank week is coming! Trump is using "bitter meat" to force the Federal Reserve to cut interest rates? After gold breaks through $3,000 or "shock people out of the car", US stocks may not have bottomed out yet...
Super central bank week is coming! Trump is using "bitter meat" to force the Federal Reserve to cut interest rates? After gold breaks through $3,000 or "shock people out of the car", US stocks may not have bottomed out yet...
Asked if he was considering an audit of the Fed, Mr. Musk said: "Yes, of course".
Asked if he was considering an audit of the Fed, Mr. Musk said: "Yes, of course".
Jefferson, vice-chairperson of the Federal Reserve, said monetary policy remained restrictive. The US economy is performing quite strongly; the labour market is solid, inflation has moderated but remains high and the path back to its 2 per cent target could be bumpy; the Fed can wait as it considers its next move; and Fed rate cuts are reducing real borrowing costs.
The Federal Reserve's Daly said that cryptocurrencies are a fledgling industry and do not want to stifle innovation due to fear.
Mr. Daly said policy needed to remain tight until it saw real sustained progress on inflation. The Fed wanted to proceed cautiously before making the next adjustment. Inflation is gradually coming down, but the process is relatively volatile.
As long as the Fed's base rate remains restrictive, that means there is room to wait patiently for inflation to fall...
Federal Reserve Governor Paul Waller said he believes stablecoin regulations will be passed quickly.
Federal Reserve Chairperson Jerome Powell said January's inflation data suggest the central bank is close to but not yet on target for inflation.
Federal Reserve Chairperson Jerome Powell said that we do not want to prevent banks from providing services to legitimate customers using cryptocurrencies. When banks conduct cryptocurrency activities on their own, it is appropriate to ensure that we understand the risks involved.
Federal Reserve Chairperson Jerome Powell said the Federal Reserve may have to adjust its policy rate on tariffs.