Economy News

Wall Street giant Citi has revised its forecast for when the Fed will cut interest rates! JPMorgan CEO reveals his expectations!

Citigroup revised its forecast for the Fed's first interest rate cut from June to September. The JPMorgan CEO spoke about interest rate cuts.

Key Date Set: Nomination of Kevin Warsh, the New Fed Chair Nominee, to Be Considered in the U.S

The critical evaluation date has been set for Kevin Warsh, the Federal Reserve Chairman nominee chosen by the Donald Trump administration.

Chief Economist Says the Fed May Raise Interest Rates Due to a Serious Risk of Stagflation in the U.S. – What Is Stagflation?

KPMG's chief economist, Diane Swonk, argued that the US faces a risk of stagflation due to the war with Iran. Here's what you need to know.

Federal Court Deals Trump a Setback: Rejects Request to Reopen Lawsuit Against Powell and the Fed

A federal court in the United States has refused to reinstate subpoenas against the Federal Reserve and Jerome Powell.

IMF Makes Surprise Statement on FED! Shares Expectations Regarding Interest Rate Cuts!

The International Monetary Fund (IMF) said the Fed is expected to make only one interest rate cut this year. Will Bitcoin continue to fall?

Iran is Working on a New Plan Regarding the Strait of Hormuz: Cryptocurrency and China Involved!

As the US-Iran conflict continues, Iran is planning a $1 per barrel transit fee through the Strait of Hormuz. Payment could be made in yuan or cryptocurrency.