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Federal Reserve Chair Jerome Powell to cut rates today


by Hannah Collymore
for CryptoPolitan
Federal Reserve Chair Jerome Powell to cut rates today

Federal Reserve Chair Jerome Powell is expected to cut interest rates today, for the first time this year, after months of intense pressure from US President Donald Trump to ease monetary policy. The Federal Reserve has held interest rates steady since December 2024, until recent weak jobs data finally forced the board to intervene.

Read the article at CryptoPolitan

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US sees new low in biggest dealers stake as Treasury sells $22 billion of 30-year bonds

US sees new low in biggest dealers stake as Treasury sells $22 billion of 30-year bonds

US Treasury Secretary Scott Bessent sold $22 billion of 30-year bonds on Thursday, an...
Dollar comeback burns hedge funds’ short FX bets

Dollar comeback burns hedge funds’ short FX bets

Hedge funds are facing losses as the dollar rebounds sharply after months of short po...

Federal Reserve Chair Jerome Powell to cut rates today


by Hannah Collymore
for CryptoPolitan
Federal Reserve Chair Jerome Powell to cut rates today

Federal Reserve Chair Jerome Powell is expected to cut interest rates today, for the first time this year, after months of intense pressure from US President Donald Trump to ease monetary policy. The Federal Reserve has held interest rates steady since December 2024, until recent weak jobs data finally forced the board to intervene.

Read the article at CryptoPolitan

Read More

US sees new low in biggest dealers stake as Treasury sells $22 billion of 30-year bonds

US sees new low in biggest dealers stake as Treasury sells $22 billion of 30-year bonds

US Treasury Secretary Scott Bessent sold $22 billion of 30-year bonds on Thursday, an...
Dollar comeback burns hedge funds’ short FX bets

Dollar comeback burns hedge funds’ short FX bets

Hedge funds are facing losses as the dollar rebounds sharply after months of short po...