Federal Reserve Chairperson Jerome Powell told a news conference after the Fed's decision to keep interest rates on hold that he had so far not been in contact with President Donald Trump and declined to comment on Trump's remarks last week that he would ask the Fed to lower interest rates. "I will not make any response or comment on what the president has said and I have not contacted him," he said.
Canada's central bank interest rate decision was 3% until January 29, with expectations of 3.00% and a previous value of 3.25%.
The Fed's interest rate decision will be announced in Washington at 3:00 Beijing time on Thursday, and Federal Reserve Chairperson Jerome Powell will hold a post-meeting press conference 30 minutes later. The Fed has cut interest rates at three consecutive meetings since last September, cutting the base rate by a full percentage point, and the current target range is 4.25% to 4.5%. Several policymakers said he...
European Union High Representative for Foreign Affairs and Security Policy Karas: It is expected that the European Union will decide to extend sanctions against Russia.
On January 24th, the Bank of Japan made an interest rate decision by 8 votes to 1, and the Bank of Japan's deliberator, Toyoaki Nakamura, disagreed with the decision to raise interest rates.
South Korean crypto exchanges Upbit and Bithumb have decided to compensate investors in the amount of about 3.50 billion won ($2.40 million) for losses caused by the network outage on December 3, the day South Korea declared martial law. Upbit will pay 3.10 billion won (approx. $2.20 million) for 596 incidents of system failure, while Bithumb will pay 377.50 million won (approx. $264,000) for 124 incidents. No other exchanges have related cases. This incident is the most affected user in the his...
The report, which coincides with April Fool's Day, may determine changes in tariff policy... Click to view
According to CNN, US President-elect Trump said that the decision of the TikTok will be made by him, but did not disclose what decision he will make.
Cleveland Fed President Mark Hammarck dissented at the third Fed meeting, where she only participated in decision-making. She opposed the idea that interest rates had to be cut due to market expectations at the time, and said her objection was supported by Powell and other colleagues. Click to view > >
Nate Anderson, founder of short-selling agency Hindenburg: Decided to disband Hindenburg.
Federal regulators are deciding whether to investigate the legality of trading Crypto.com futures contracts that allow investors to bet on who will win major sporting events, including the Super Bowl. According to people familiar with the matter, the five-member Commodity Futures Trading Commission (CFTC) is voting on a measure that would require a review of these contracts.
Trump said after the "hush money" verdict that he would continue to appeal. His post said, "Radical Democrats have lost another tragic witch hunt. The real jury, the American people, have spoken and voted overwhelmingly to re-elect me. Today's events were a despicable hoax, and now that the matter is over, we will appeal this baseless hoax and restore Americans to my...
Market news: The Bank of Japan is said to be still considering its January interest rate decision.
1. The People's Bank of China has decided to suspend the purchase of government bonds in the open market in stages. 2. Vice Minister of Finance Liao Min: The 2 trillion yuan replacement bond in 2025 has started the relevant issuance work. 3. Ministry of Finance: The local government special project bond will be issued 4 trillion yuan in 2024, and the super long-term special bond will be 1 trillion yuan. 4. Ministry of Finance: Within the new special project bond quota issued in 2025, local gover...