Federal Reserve

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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