Economy News

Global economy, politics, stock markets, gold, oil and more.

Fed’s Rate Cut Sparks Divided Reactions, More Easing Expected

The Federal Reserve’s recent 50 basis point rate cut left experts divided.

19.09.2024 12:30 1 min. read Kosta Gushterov

BREAKING: Federal Reserve Finally Cut Interest Rates

Federal Reserve meetings usually follow a predictable pattern, but this week’s Federal Open Market Committee (FOMC) gathering was shrouded in uncertainty.

18.09.2024 21:00 2 min. read Alexander Stefanov

Fed Rate Cuts Could Crash Crypto Market, Warns Arthur Hayes

At the Token2049 event on September 18, Arthur Hayes, co-founder of BitMEX, warned that upcoming interest rate cuts by the U.S. Federal Reserve could trigger a major downturn in the crypto market.

18.09.2024 15:00 1 min. read Kosta Gushterov

Investors Await Fed Rate Decision as Bitcoin Shows Potential for Q4 Gains

Cryptocurrency investors are closely watching the Federal Reserve’s interest rate decision set for tomorrow.

17.09.2024 20:00 1 min. read Alexander Stefanov

BlackRock Doubts Fed Will Cut Rates as Deeply as Markets Expect

BlackRock Investment Institute is skeptical about the Federal Reserve implementing as many rate cuts as the bond market anticipates.

17.09.2024 16:00 2 min. read Alexander Stefanov

Billionare Warns US Economy Faces Recession Risk – Here is Why

Billionaire Peter Thiel has expressed concern that the US economy would likely be in a recession if not for extensive government intervention.

17.09.2024 12:30 1 min. read Alexander Zdravkov

Senators Push Fed for 0.75% Rate Cut to Prevent Recession

A group of Democratic senators, led by Elizabeth Warren, is pressing Federal Reserve Chair Jerome Powell to implement a significant reduction in interest rates to protect the U.S. economy.

17.09.2024 9:30 1 min. read Alexander Stefanov