INTEREST RATE DECISIONS

May 30 2025FINANCE

The Fed's Independence: Powell's Stand Against Political Pressure

The Federal Reserve's top boss, Jerome Powell, had a chat with President Donald Trump. This wasn't just a friendly meet-up. Trump has been pushing hard for the Fed to drop interest rates. Powell, however, made it clear that the Fed's decisions won't be swayed by politics. He stressed that the Fed's moves will be based on solid economic data, not political whims. ...

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May 29 2025POLITICS

The Fed's Stand: Powell's Meeting with Trump

The Federal Reserve's top official, Jerome Powell, had a sit-down with President Trump. This meeting happened at a time when Trump was pushing hard for lower interest rates. The Fed's official statement made it clear that Powell did not talk about future plans for interest rates. He emphasized that any decisions would be based on economic data, not political pre...

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Mar 18 2025FINANCE

Fed's Big Meeting: What's on the Agenda?

The Federal Reserve is in the middle of a two-day meeting. This gathering is crucial because it sets the stage for future economic decisions. The Federal Open Market Committee, or FOMC, is the group in charge. They will wrap up their discussions on Wednesday with a big announcement. This announcement will give clues about what they think of the economy and what they ...

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Feb 02 2025CRYPTO

Bitcoin's Big Dip: Tech Stocks Tumble as Chinese AI Firm Enters the Scene

Bitcoin took a hit early in the day on Monday, dropping below $100, 000. It didn't take long for the world's largest cryptocurrency by market cap to recover from its low point of $97, 900. Seems like Bitcoin's gains from the recent industry-friendly regulations and a national crypto stockpile announced by the president were not enough. The price dropped $100, 000 ma...

reading time about 2 minutes