Economy News

Chances of the Fed Raising Interest Rates in the Near Future Have Skyrocketed—Here’s Why and What You Need to Know

Following the latest inflation report, the likelihood of the Fed raising interest rates by July of next year appears to have strengthened.

BREAKING! Critical US Inflation Data Released! What Was Bitcoin’s (BTC) Initial Reaction?

US CPI data has been released. Did it meet expectations? How did Bitcoin (BTC) and the dollar react? Details in the news.

BREAKING: U.S. President Donald Trump Speaks About the War With Iran: “The Ceasefire Looks Incredibly Weak”

US President Donald Trump recently spoke about the course of the war with Iran.

Jerome Powell Is Stepping Down: What Did He Accomplish as Fed Chair, and Where Did He Go Wrong?

Federal Reserve Chairman Jerome Powell is preparing to hand over his duties to Kevin Warsh on May 15. Here are all the details.

Bank of America No Longer Expects the Fed to Cut Interest Rates This Year

Bank of America analysts have made a significant change to their predictions regarding the Fed's actions this year. Here are the details.

Major Banks Have Updated Their Forecasts on When the Fed Will Cut Interest Rates

The table containing major banks' predictions on when the Fed will cut interest rates has been updated. Here is the list.