- Buy Crypto
- Markets
- Futures
- Spot
- Copy Trade
Earn- More
Federal Reserve's Moulton Salem Urges Caution in Rate Cut, Forecasts Strong Economic Rebound in First Quarter Next Year
BlockBeats News, November 10th, Federal Reserve's Mester stated that he expects a strong rebound in the U.S. economy in early next year, underscoring officials' need to be cautious about further rate cuts. He mentioned factors such as fiscal support, the effects of previous rate cuts, and regulatory easing. Mester reiterated his view that the current Fed policy is near a point where it is no longer putting downward pressure on inflation. We must proceed with caution, which is very important because I believe there is limited room for further rate cuts, otherwise monetary policy will become excessively accommodative. After two rate cuts this year, Fed officials differ on how much further cuts are needed. Fed Chair Powell stated last month that a December rate cut is not set in stone. Several officials speaking since the central bank's October meeting have also advocated for a pause in rate cuts in December, emphasizing the need to contain inflation above the target. (FXStreet)
You may also like
Trump Targets Fed Chair, Crypto Challenges, and MiCA Regulations
Key Takeaways President Trump has initiated criminal charges against the current Federal Reserve Chairman, alleging financial mismanagement in…
India Central Bank Suggests BRICS CBDC Link-Up As Members Explore Alternatives to Dollar Rails
Key Takeaways India’s central bank proposes a CBDC connectivity initiative for the upcoming 2026 BRICS summit. This move…
Trump Targets Fed and Italy’s Caution to Fin-Fluencers: A Comprehensive View
Key Takeaways: President Trump initiates a criminal probe against the Federal Reserve Chairman, questioning alleged resource mismanagement. Coinbase…
Trump Targets Fed, Italy Cautions Influencers: Global Financial Pulse
Key Takeaways: The United States is witnessing a political storm as former President Trump initiates criminal proceedings against…
Matrixdock releases latest semi-annual physical gold audit report, strengthening physical gold transparency practices
Key Market Information Discrepancy on January 15th - A Must-See! | Alpha Morning Report
Today’s Trump Tariff Decision and Economic Data Releases
Key Takeaways The U.S. Supreme Court is set to rule on a significant Trump tariff case that could…
traders anticipate Fed May Accelerate Rate Cuts
Key Takeaways Traders are speculating that the Federal Reserve could implement an interest rate cut before May due…
Fed Interest Rate Cuts Expected to Be Delayed, Say Multiple Financial Institutions
Key Takeaways Several major financial institutions have adjusted their forecasts, predicting delays in the timing of Federal Reserve…
Russia Targets Illegal Crypto Miners; India Advocates for CBDCs: A Global Overview
Key Takeaways Russia is intensifying efforts to regulate illegal cryptocurrency mining, proposing significant fines and penalties. India’s Reserve…
Fed’s Powell Associates DOJ Probe with His Resistance to Trump’s Rate Demands
Key Takeaways Jerome Powell, the Chairman of the Federal Reserve, links a criminal investigation into the Federal Reserve’s…
Powell States Federal Reserve Targeted by DOJ, Trump Dismisses Interest Rate Ties
Key Takeaways Federal Reserve Chair Jerome Powell revealed that the Justice Department issued subpoenas to the central bank…
Senate Agriculture Chair Considers Postponement of Crypto Bill Vote Amid Growing Bipartisan Discussions
Key Takeaways: Senate Agriculture Chair John Boozman considers delaying the upcoming vote on the cryptocurrency legislation as bipartisan…
Trump Gets Serious: Powell Faces Criminal Investigation, Rate Battle Intensifies
Stores of Value: Gold and Silver Once Again Lead Global Asset Charts
Key Takeaways: Gold and silver have retaken their positions as the top assets by market capitalization, highlighting their…
Key Macro Events and Crypto Whale Movements This Week
Key Takeaways Upcoming releases of key U.S. economic data on unemployment and non-farm payrolls could significantly impact markets.…
Is a Stablecoin Considered Cash? Accounting Standards for Stablecoins May Be Adjusted Post-Genius Bill
The US can't control Latin America, so they took out Maduro
Trump Targets Fed Chair, Crypto Challenges, and MiCA Regulations
Key Takeaways President Trump has initiated criminal charges against the current Federal Reserve Chairman, alleging financial mismanagement in…
India Central Bank Suggests BRICS CBDC Link-Up As Members Explore Alternatives to Dollar Rails
Key Takeaways India’s central bank proposes a CBDC connectivity initiative for the upcoming 2026 BRICS summit. This move…
Trump Targets Fed and Italy’s Caution to Fin-Fluencers: A Comprehensive View
Key Takeaways: President Trump initiates a criminal probe against the Federal Reserve Chairman, questioning alleged resource mismanagement. Coinbase…
Trump Targets Fed, Italy Cautions Influencers: Global Financial Pulse
Key Takeaways: The United States is witnessing a political storm as former President Trump initiates criminal proceedings against…
App