Tag : Jerome Powell

Bitcoin at $105,000 as Powell backs banks serving crypto customers
Featured News

Bitcoin at $105,000 as Powell backs banks serving crypto customers

manamalive.com
Bitcoin jumped past $105,000 after the Fed kept rates steady, with Chair Powell confirming banks can serve crypto clients if they manage risks effectively....
US inflation persists as Trump’s tariff threats add economic concerns
Featured News

US inflation persists as Trump’s tariff threats add economic concerns

manamalive.com
Core inflation stayed at 2.8% in December, aligning with expectations but above the Fed’s target. Rising energy costs and tariff threats pose risks to price stability....
Fed minutes reveal concerns over Trump’s policy-driven inflation risks
Business

Fed minutes reveal concerns over Trump’s policy-driven inflation risks

manamalive.com
Federal Reserve minutes show cautious interest rate cuts amid inflation risks linked to President-elect Trump’s proposed trade, immigration, and economic policies....
Fed slashes rates by 50 basis points as inflation cools
Business

Fed slashes rates by 50 basis points as inflation cools

manamalive.com
The Federal Reserve cut rates by half a percentage point Wednesday, its first move since the Covid pandemic, in an effort to stabilize inflation and boost the weakening labor market....