The Trump administration has opened a criminal investigation into U.S. Federal Reserve Chair Jerome Powell, triggering sharp political backlash and renewed concern over the independence of the world’s most powerful central bank. The probe became public late Sunday after Powell disclosed that the U.S. Justice Department issued subpoenas to the Federal Reserve. The subpoenas relate …
Currency strategists are forecasting a continued soft outlook for the U.S. dollar at the start of 2026, citing concerns over Federal Reserve independence and the likelihood of further interest rate cuts. The dollar fell nearly 10% against major currencies last year, marking its weakest performance since 2017. Investors weighed the impact of record-high U.S. tariffs, …
A majority of economists are betting the U.S. Federal Reserve will reduce its key interest rate by a quarter percentage point at the December 9–10 policy meeting, even as divisions persist among policymakers over whether the world’s largest economy truly needs further easing. According to a Reuters poll of 108 economists conducted from November 28 …
Bitcoin’s Shocking Plunge Below $105K: A $100 Billion Crypto Bloodbath Unfolds! It’s 9:22 AM WAT on Tuesday, November 4th, 2025, and the market is bleeding red. Bitcoin has just crashed below $105,000, the lowest since June 2025, sparking a brutal $100 billion wipeout in a mere 30 minutes overnight. With the dip still ongoing, BTC …
The outcomes of key events taking place this week will determine the direction and performance of the global stock and crypto markets in the fourth quarter of the year. This is in terms of rates, liquidity, earnings, and global trade - four forces that decide how money moves in the market. The Federal Reserve (FED) …
The U.S. Federal Reserve is expected to announce another quarter-point interest rate cut this week, its second this year as policymakers move to cushion a slowing labour market and maintain economic stability. Analysts predict the rate reduction will bring the federal funds rate to between 3.75% and 4.00%, with more cuts likely in December or …
In a sign of shifting priorities at the world’s most powerful central bank, the U.S. Federal Reserve is expected to cut interest rates twice more before year-end, a move analysts say reflects mounting concern over a slowing job market despite persistent inflation. According to a survey, out of 117 economists, 115 expect the Fed to …
The U.S. Federal Reserve is preparing for its next policy meeting under an unusual cloud of uncertainty, with the ongoing government shutdown halting key economic data releases and leaving policymakers without a clear picture of the economy’s health. Official employment figures have not been published since the shutdown began on October 1, while limited private …
Federal Reserve Chair Jerome Powell on Tuesday delivered his final speech before the Fed’s upcoming policy meeting, navigating a U.S. economy torn between strong growth, rising productivity, and mounting inflation risks. The address comes as policymakers grapple with incomplete economic data amid a U.S. government shutdown that has delayed the September jobs report and other …
Global stocks fell on Wednesday as the dollar strengthened, following Federal Reserve Chair Jerome Powell’s cautious remarks on U.S. interest rates. Powell avoided committing to the sharp rate cuts investors expect in the coming months, dampening market sentiment. Traders still see a 92% chance of an October cut, according to CME FedWatch, but Powell stressed …
