A new survey by foreign media shows that most economists expect the Federal Reserve to continue cutting interest rates next month, but the 2025 rate cut will be smaller than they expected a month ago due to the policies proposed by President-elect Trump that could lead to higher inflation. Mr. Trump's planned policies, including higher tariffs and tax cuts, have almost halved market expectations for a rate cut by the end of 2025 to about 75 basis points, with markets pricing in less than a 60 pe...
Americans believe inflation is the top issue President-elect Trump should address in his 100 days in office, according to a Reuters/Ipsos poll released on Tuesday. Some 35 percent of respondents to the three-day poll said inflation was an area Trump should focus on, compared with 30 percent who said immigration and 27 percent who said jobs and the overall economy. Another 23 percent said Trump should focus on unifying the country. A smaller percentage of respondents said he should...
While almost 90 per cent of economists still expect the Bank of Japan to raise interest rates by the end of March, a slim majority believe it will forgo another rise this year, according to a Reuters poll. The findings underline the challenges the BoJ faces in normalising policy at a time when most of the world's central banks are leaning towards lower rates and there is uncertainty over the preferences of the new political leadership for monetary policy.
A new survey shows that nearly half of hedge funds focused on traditional asset classes are now involved in cryptocurrencies, as regulatory clarity and the launch of exchange-traded funds in the United States and Asia attract more investors into the cryptocurrency category. According to the Global Cryptocurrency Hedge Fund Report released Thursday by the Institute for Alternative Investment Management and PwC, 47 percent of hedge funds trading in traditional markets hold digital assets, up from ...
According to a survey by the Financial Industry Regulatory Authority (FINRA), 55% of Gen Z in the United States prefer to invest in cryptocurrencies. Gen Z prefers on-chain rather than online finance. It believes that digital banking platforms are unwieldy and opaque. Gen Z prefers to manage their finances on-chain through decentralized financial applications and digital dollar stablecoins. It is reported that Generation Z refers to the generation of people born between 1997 and 2012 who are now...
A Reuters poll showed that most economists surveyed believe the Federal Reserve will cut interest rates by 25 basis points at each of the three remaining policy meetings in 2024, and only nine of 101 economists expect the Fed to cut rates by 50 basis points next week. Stephen Stanley, chief U.S. economist at Santander, said: "The jobs report, while weak, is not catastrophic. Neither Williams nor Waller on Friday agreed with...
A survey conducted by Binance revealed that more than half of cryptocurrency users in Latin America are using cryptocurrencies as a long-term investment, opting to hold digital assets. The survey, which surveyed 10,000 users from Argentina, Brazil, Colombia, and Mexico, found that 50.3% of surveyed users (one in every two clients) prefer to use cryptocurrencies as an investment vehicle. 18.8% of surveyed users said they use these assets for trading on a daily basis, and the survey also found oth...