banner https://www.profitablecpmrate.com/nsirjwzb79?key=c706907e420c1171a8852e02ab2e6ea4

The Fed’s architects wanted glass in the HQ renovation, but Trump appointees to a local commission pushed for marble

President Donald Trump has looked to the marble finishes and hefty price tag of the Federal Reserve headquarters to claim grounds to fire Chair Jerome Powell, with whom he has tussled for years over interest rates. But the extensive use of marble in the building is, at least in part, the result of policies backed by Trump … Read more

Bitcoin retreats after Fed’s preferred inflation gauge shows mild uptick

Key Takeaways Bitcoin declined after the Core PCE inflation gauge exceeded expectations, signaling mild inflationary pressure. US consumer spending and personal income both decreased, indicating potential weakening in economic momentum. Share this article Bitcoin dropped below $107,000 early Friday after the core Personal Consumption Expenditures (PCE) index, the Fed’s preferred inflation gauge, ticked higher than … Read more

Fed’s Powell says Bitcoin and crypto have matured and become more mainstream

Key Takeaways Federal Reserve Chair Jerome Powell stated that crypto assets are becoming more mainstream and the industry is maturing. Powell expressed support for banks engaging with crypto, as long as regulation ensures safety and soundness. Share this article Federal Reserve Chair Jerome Powell said Wednesday that Bitcoin and other crypto assets have matured and … Read more

Trump urges Congress to grill ‘dumb, hardheaded’ Powell in latest attack over Fed’s refusal to cut interest rates

The Fed chairman will appear before Congress today and tomorrow, first before the House Financial Services Committee on Tuesday morning and again before the Senate Banking Committee on Wednesday morning. Powell will be given the chance to justify why he and other members of the Federal Open Market Committee (FOMC) have thus far in 2025 … Read more

Powell emphasizes Fed’s obligation to prevent ‘ongoing inflation problem’ despite Trump criticism

US Federal Reserve Chair Jerome Powell testifies during a House Financial Services Committee hearing on “The Federal Reserve’s Semi-Annual Monetary Policy Report” on Capitol Hill in Washington, DC on June 24, 2025. Saul Loeb | Afp | Getty Images Federal Reserve Chair Jerome Powell on Tuesday emphasized the central bank’s commitment to keeping inflation in … Read more

Feds question Ford in hands-free driving investigation

The top federal vehicle safety regulator has sent Ford an exhaustive list of questions about its hands-free driver-assistance system known as BlueCruise. It’s the latest development in an investigation that started more than one year ago following two fatal crashes involving the software. The National Highway Traffic Safety Administration’s (NHTSA) Office of Defects Investigation (ODI) … Read more

Fed’s Waller says rate cut could come as soon as July

Key Takeaways Federal Reserve Governor Waller supports a possible interest rate cut as soon as July. Current futures markets indicate traders expect a rate cut later, most likely in September. Share this article Fed Governor Christopher Waller has shown support for an interest rate cut in July, saying that inflation is no longer a major … Read more

Stagflation on the Fed’s mind

U.S. Federal Reserve Chairman Jerome Powell speaks at a news conference on June 18, 2025, in Washington DC, United States. Yasin Ozturk | Anadolu | Getty Images At U.S. Federal Reserve Chair Jerome Powell’s post-meeting press conference, the topic of tariffs — specifically, their impact on prices — was a recurring one. “Everyone that I … Read more

Stocks are flat, as the Fed’s latest forecast flirts with stagflation

Interest rates were largely a settled matter. Instead, investors turned their attention to the Fed’s economic forecasts for the year.  The so-called dot plot, which is released once a quarter, summarizes Fed officials’ projections for interest rates, inflation, and growth, among other things. The Fed kept its median projection of two quarter-point rate cuts for … Read more

banner banner https://www.profitablecpmrate.com/nsirjwzb79?key=c706907e420c1171a8852e02ab2e6ea4