Catenaa, Thursday, May 08, 2025- Asian stocks rose moderately on Thursday after the US Federal Reserve kept its interest rates unchanged as expected by the market and Wall Street finishing high. Japan’s benchmark Nikkei 225 edged up 0.5% in afternoon trading, Australia’s S&P/ASX 200 added 0.24%, South Korea’s Kospi rose 0.5%, Hong Kong’s Hang Seng […]
Catenaa, Tuesday, June 10, 2025- US Treasury Secretary Scott Bessent is a top contender for the soon-to-be vacant Federal Reserve Chairman, Bloomberg reported on Tuesday. Quoting sources, the report said a small list of candidates under consideration for the Fed Chair includes Kevin Warsh, a former Fed official whom Trump interviewed for the Treasury secretary […]
Catenaa, Thursday, June 19, 2025- The US Federal Reserve held interest rates on Wednesday for the fourth meeting in a row but kept a projection for two rate cuts this year. The Fed committee voted unanimously to maintain its benchmark interest rate in the range of 4.25%-4.5%. The Fed has now held rates at that […]
Catenaa, Friday, June 20, 2025- US Federal Reserve should consider cutting interest rates at its next meeting, given recent tame inflation data and short-lived shock from Trump tariffs, Fed Governor Christopher Waller said on Friday. “Any tariff inflation … I don’t think is going to be that big and we should just look through it […]
Catenaa, Tuesday, June 24, 2025- Federal Reserve Chair Jerome Powell said on Tuesday that it is well-positioned to wait on any interest rate cuts until it gains clarity on the inflation impact from Trump tariffs. “For the time being, we are well-positioned to wait to learn more about the likely course of the economy before […]
Catenaa, Wednesday, April 16, 2025- US Federal Reserve Chair Jerome Powell said tariffs are highly likely to generate at least a temporary rise in inflation in the US, while the economy is still stable despite uncertainty. In a speech to the Economic Club of Chicago, Powell said that tariffs imposed by President Trump are highly […]
Catenaa, Thursday, May 15, 2025- US Federal Reserve Chair Jerome Powell said on Thursday that the US may be entering a period of more frequent supply shocks and volatile inflation, with economic uncertainty. “A critical question is how to foster a broader understanding of the uncertainty that the economy generally faces,” Powell said in his […]
Catenaa, Monday, July 21, 2025- The S&P 500 and tech-heavy Nasdaq touched all-time highs on Monday, as investors hoped for trade breakthroughs and geared up for a week of tech earnings that could set the tone for US stocks. The S&P 500 gained 18.34 points, or 0.29%, to 6,315.13 and the Nasdaq Composite gained 110.40 […]
Catenaa, Tuesday, April 22, 2025-Bitcoin’s price continued to reel Monday after confirmation that US President Donald Trump is exploring whether he can fire Federal Reserve Chair Jerome Powell, raising fears of financial instability and what analysts are calling an “apocalyptic scenario” for global markets. Trump’s trade war, marked by sweeping tariffs, has already rattled Wall […]
Catenaa, Friday, June 06, 2025- US President Donald Trump on Friday urged Federal Reserve Chair Jerome Powell to cut interest rates by a full percentage point to boost the economy. “Europe has had 10 rate cuts, we have had none. Despite (Powell), our Country is doing great. Go for a full point,” Trump wrote in […]
Catenaa, Wednesday, June 18, 2025– US President Donald Trump has called for a huge reduction in US interest rates and asked whether he can “appoint myself” at the Federal Reserve, hours before the Fed announcement. “We should be two [percentage] points lower; it would be nice to be two-and-a-half points lower,” Trump said at the […]
Catenaa, Monday, April 21, 2025- The US stock market declined on Monday after President Donald Trump warned of economic slowdown unless the Federal Reserve cuts interest rates. “With these costs trending so nicely downward, just what I predicted they would do, there can almost be no inflation, but there can be a SLOWING of the […]
Catenaa, Wednesday, April 23, 2025- US stocks were up across the board on Wednesday after President Trump said that he has no intention of firing Fed Chair Jerome Powell. Market also reacted to reports that Trump is considering slashing steep tariffs on China, even though Treasury Secretary Scott Bessent denied the claims and said that […]