Federal Reserve

Has the Highly Expected 2024 Rate Hike by the Fed Now Become a Matter of If Rather Than When?

According to a report published in The Wall Street Journal on April 10, the Federal Reserve faces new challenges in its ongoing battle against inflation, complicating its path to securing a soft economic landing. The WSJ article highlights an inflation report that surpassed expectations, posing significant implications for the Fed’s interest rate policies. The article […]

Roubini Warns: The Fed May Halt Rate Cuts or Hike Rates Amid Geopolitical-Driven Inflation

On April 5, 2024, Dr. Nouriel Roubini, a respected economist (though not in the crypto community due to his anti-crypto views), who is the Chairman and CEO of Roubini Macro Associates, provided a nuanced perspective on the global economic outlook, focusing on interest rate expectations, geopolitical risks, and the performance of the US economy. His […]

As Bitcoin Struggles to Get Back Above the $70K Level, Gold Surges to New All-Time High

Gold prices reached new heights on Monday, driven by a cocktail of investor anticipation for U.S. interest rate cuts and the metal’s enduring appeal as a safe-haven asset. Around 4:00 a.m. UTC on April 1, the spot gold price hit a new all-time high of $2,265.77 an ounce. Currently (as of 5:15 p.m. UTC), spot […]

JPMorgan CEO Jamie Dimon Urges the U.S. Central Bank to Delay Rate Cuts, Defends Right to Buy Bitcoin

Earlier today, Jamie Dimon, Chairman and CEO of JPMorgan Chase, shared his thoughts on the Federal Reserve’s potential interest rate cuts, the state of the U.S. economy, and his views on Bitcoin and artificial intelligence. While speaking at the Australian Financial Review business summit via livestream from New York on Tuesday, March 12, 2024, Dimon […]

Fed Chair Powell Dismisses Concerns, Raised by Trump, Over Government Surveillance in Potential Digital Dollar

In a March 7 hearing of the U.S. Senate Banking Committee (“Semiannual Monetary Policy Report to the Congress”), Federal Reserve Chair Jerome Powell offered a candid update on the Fed’s stance on Central Bank Digital Currencies (CBDCs). His statements provide crucial insights into the Fed’s priorities regarding a potential digital dollar amid growing public debate. […]

Will the Fed Introduce a Digital Dollar? Five U.S. Senators Aiming to Make Sure It Does Not Happen

Central Bank Digital Currencies (CBDCs) are digital forms of a country’s fiat currency, issued and regulated by the nation’s central bank. Unlike decentralized cryptocurrencies like Bitcoin, CBDCs are centralized and backed by the government, mirroring the value of the country’s physical currency. They aim to modernize the financial system by providing a digital payment method […]

Minutes of Federal Reserve’s Last FOMC Meeting Unveiled: What Traders and Investors Need to Know

On February 21, the Federal Reserve published the minutes from the Federal Open Market Committee (FOMC) meeting held January 30-31, 2024. Typically, these minutes are made public about three weeks following the Committee’s policy verdict. They provide insights into economic and financial conditions as perceived by the Committee at the time of the meeting, relying […]

Paul Krugman Says Biden’s Better Than ‘Goldilocks’ Economy Has Trump Backpedalling

In a recent opinion piece for The New York Times (NYT), Nobel laureate economist Paul Krugman delivers a robust analysis of the current U.S. economy, challenging the pervasive narrative of economic doom with a compelling defense of its vitality under President Joe Biden’s administration. Federal Reserve Chair Jerome Powell spoke to the public in a […]

U.S. Economy on Thin Ice: Former SEC Chair Jay Clayton Exposes Impending Bank Crisis

On February 12, Jay Clayton, the former Chairman of the Securities and Exchange Commission (SEC), joined CNBC’s “Squawk Box” to offer his insights into the current state of the commercial real estate sector, its potential repercussions on banks, and the overall economy. His analysis provides a nuanced understanding of the financial landscape, touching on systemic […]

Trennert Warns: Premature Fed Rate Cuts Could Jeopardize Market Stability

On February 12, 2024, Jason Trennert, Chairman and CEO of Strategas Research Partners, shared his expert analysis on CNBC’s “Squawk Box,” offering a deep dive into current market trends, the Federal Reserve’s ongoing battle with inflation, and the broader state of the economy. His insights provide a nuanced understanding of the financial landscape, revealing the […]

U.S. Stock Market in ‘Nirvana’: Trump Leading in Polls and Janet Yellen ‘Pumping Away As Hard As She Can’

On February 9, the day that the S&P 500 closed above 5,000 for the first time, in an enlightening interview with Bloomberg TV, Scott Bessent, CEO & CIO of Key Square Capital, shared his expert analysis on the current state of the US stock market, attributing the recent rally to anticipations of a Trump victory […]

Bracing for Impact: Expert Exposes Looming U.S. Economic Crisis Due to Fed’s Interest Rate Missteps

In a recent interview with Jeremy Szafron of Kitco News, Claudia Sahm, a former Federal Reserve economist and the founder of Sahm Consulting, provided a comprehensive overview of the current economic landscape, the Federal Reserve’s monetary policies, and the hotly debated topic of U.S. federal debt. Sahm is a well-respected authority on monetary and fiscal […]

Stunning Turn in the Bond Market: How the U.S. Government’s Latest 30-Year Treasury Bond Auction Defied Expectations

Rick Santelli is a well-known figure in the financial news world, serving as an editor for the CNBC Business News network. Born on July 6, 1956, Santelli has been with CNBC since June 14, 1999, where he has made a name for himself by reporting primarily from the floor of the Chicago Board of Trade. […]

Fed Chair Jerome Powell on Navigating Inflation and the U.S. Economy: Insights from a Rare Interview

In a revealing interview with CBS’s weekly news program “60 Minutes” that was aired yesterday, Federal Reserve Chair Jerome Powell provided a comprehensive overview of his approach to managing inflation, the health of the economy, and the future direction of interest rates. Conducted by correspondent Scott Pelley, the conversation shed light on Powell’s strategies to […]

Crypto Wants ‘A Goldilocks Economy, Not Too Strong, Not Too Weak’, Says Placeholder Ventures Partner

Chris Burniske is a well-known figure in the cryptocurrency and blockchain space, recognized for his contributions as an author, analyst, and investor. He co-authored the book “Cryptoassets: The Innovative Investor’s Guide to Bitcoin and Beyond” with Jack Tatar, which has been influential in providing a comprehensive framework for understanding and investing in various digital assets […]

Trump: Although CBDCs Are ‘Very Dangerous’, AI Is ‘The Most Dangerous Thing out There’ and ‘Something Has To Be Done About This’

In a recent interview with Fox Business host Maria Bartiromo on “Mornings With Maria,” former President Donald Trump provided a comprehensive overview of his perspectives on various issues, ranging from economic policies to the potential dangers of artificial intelligence (AI). Trump, who is anticipated to be named the Republican Party’s nominee for the 2024 United […]

BlackRock Senior Portfolio Manager on U.S. January Jobs Report, Says It’s Time for Investors To Buy the Front-End of the US Treasuries Curve

In an interview on Bloomberg TV earlier today, Jeffrey Rosenberg, a senior portfolio manager at BlackRock Inc., shared his insights following the January jobs report and the Federal Reserve’s recent FOMC meeting. Rosenberg began by cautioning viewers to not jump to conclusions based on initial reactions to the jobs report, highlighting the importance of considering […]

Jerome Powell Suggests No More Rate Hikes by the Fed, Crypto Market Reacts

Yesterday, Federal Reserve Chair Jerome Powell addressed the public in a post-FOMC press conference, discussing the Federal Reserve’s ongoing efforts to manage inflation and economic activity. Powell emphasized that while inflation has shown signs of easing from its previous highs, it remains above the desired 2% target, underscoring the uncertain path forward and the non-assured […]

Trump Drops a Bombshell: The Idea of Not Allowing the Fed To Issue a Digital Dollar Came From Vivek Ramaswamy

Former U.S. President Donald Trump has attributed his firm opposition to Central Bank Digital Currencies (CBDCs) in the U.S. to the economic vision of Vivek Ramaswamy. This revelation came during Trump’s campaign stop in Laconia, New Hampshire, where he reiterated his stance against the federal government issuing a digital dollar. Yesterday, during his speech at […]

Trump Says He Will Not Allow the Fed To Issue a Digital Dollar if He Becomes President Again

Former President Donald Trump has openly declared his opposition to the concept of a Central Bank Digital Currency (CBDC), a stance he detailed in a campaign stop in New Hampshire on January 18. This position aligns with Trump’s broader economic and political agenda, resonating particularly with his conservative base. Trump’s Key Assertions Preventing Government Overreach: […]

Renowned Economist Paul Krugman Declares That in the U.S. ‘Inflation Has Been Defeated’

In a recent post on social media platform X, Paul Krugman shared his insights into the latest U.S. economic data, focusing on inflation rates. Krugman is an American economist, distinguished professor, and author, known for his work in international economics and his commentary on economic policy. Born on February 28, 1953, Krugman has been a […]

U.S. Treasury Secretary on Economic Outlook: Inflation Has Come Down, Real Earnings Are Going Up

On December 13, 2023, U.S. Treasury Secretary Janet Yellen joined CNBC’s “Squawk on the Street” for an exclusive interview with co-anchor Sara Eisen at the Treasury Department. Janet Yellen, born on August 13, 1946, in Brooklyn, New York, is a distinguished American economist who has held several key positions in the U.S. government’s economic hierarchy. […]

Citi’s Chief U.S. Economist Says ‘Sticky’ Services Inflation Could Prevent the Fed From Cutting Rates Until Late Next Year

Overview of Economic Data and Inflation Earlier today, Andrew Hollenhorst, Citi’s Chief U.S. Economist, joined CNBC’s “Squawk on the Street” to provide an analysis of the current economic data and its implications. He discussed the concept of a ‘Goldilocks’ economy, the potential for stickier inflation, and the timeline for achieving target inflation rates. Current Economic […]

With Bitcoin Above $38K, Yardeni Research President Foresees Continued Santa Claus Rally and Moderate Inflation in Market Outlook

Earlier today, Ed Yardeni, the President of Yardeni Research, Inc., a sell-side consultancy providing a wide range of global investment and business strategy services, appeared on CNBC’s ‘Squawk Box’ to discuss his perspectives on current market trends. Yardeni, known for his economic expertise, has shifted his focus toward stock market forecasting, a move that has […]

Gold Prices Soar Amid Fed Rate Speculations, Says Portfolio Manager Michael Cuggino

In a recent interview with Bloomberg Television, Michael Cuggino, President and Portfolio Manager at Permanent Portfolio Family of Funds, shared his insights on the current state and future prospects of gold, the dollar, and fixed-income investments. Gold’s Current Position and Future Outlook: Cuggino noted that gold has been at its highest level in six months, […]

Bitcoin Surges Above $38,000 After Dovish Comments About US Inflation From Fed Governor Chris Waller

Christopher J. Waller has been a pivotal figure in the Federal Reserve System since his appointment as a Board of Governors member on 18 December 2020. His term is set to conclude on 31 January 2030. Waller’s journey to this influential position began with his tenure as executive vice president and director of research at […]

Exploring Federal Reserve’s FedNow Service’s Impact and Evolution of Instant Payments: Insights from Marcel Kasumovich

The FedNow Service, established by the Federal Reserve, is an innovative instant payment system designed to accommodate depository institutions of various sizes throughout the United States. This service enables these institutions to offer real-time payment solutions to their customers. It went live on 20 July 2023. Businesses and individuals connected to financial institutions participating in […]

US Senator Rick Scott Assesses Fed Chair Powell’s ‘Report Card’

In a recent appearance on CNBC’s ‘Squawk Box,’ Senator Rick Scott expressed his concerns regarding the Federal Reserve’s handling of its balance sheet and the alarming rise of antisemitism on college campuses. The interview, conducted by co-anchor Joe Kernen, delved into the senator’s stance on accountability for the Federal Reserve, particularly its Chairman, Jerome Powell. […]

Strategic Macro Analyst Luke Gromen Predicts Inevitable US Money Printing Amid Fiscal Strains

Luke Gromen, a seasoned macro analyst, has voiced a stark prognosis for the United States’ fiscal future, suggesting that the government is approaching a juncture where it must choose between expanding the money supply or facing a default on its debt. Gromen is an expert in global financial research with over twenty years of industry […]

U.S. Job Market Cools Off: Will the Fed Loosen Its Grip on Inflation?

The US job market in October has signaled a deceleration, sparking discourse on whether this could imply a softening in the Federal Reserve’s aggressive stance against inflation. Charles-Henry Monchau, Chief Investment Officer (CIO) of Syz Group, drew attention to this shift in a LinkedIn post dated 3 November 2023. Bank SYZ SA emerged with an […]

Billionaire Hedge Fund Manager Paul Tudor Jones Says He Is ‘Sticking With’ Bitcoin

In an interview with CNBC’s Squawk Box co-anchor Andrew Ross Sorkin on Monday (15 May 2023), billionaire hedge fund manager Paul Tudor Jones II voiced his perspective on the current economic climate. According to Jones, the Federal Reserve is unlikely to raise interest rates further amidst a falling Consumer Price Index (CPI) and a potential […]

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