Economy News

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Should We Expect a Rate Cut From the Fed Today?

Today is an important day for the american economy as the long-awaited Fed meeting will take place at around 19:00 (UTC).

31.07.2024 17:30 2 min. read

Here is Why a Surprise Rate Cut Could be Bad for the Markets

Investors are eagerly anticipating a signal from the Federal Reserve regarding potential interest rate cuts in September, but a sudden move this week could have negative consequences for the markets.

31.07.2024 15:39 2 min. read Alexander Stefanov

Rising Debt Spurs Recession Fears: Key Indicators to Watch

The U.S. debt level surpassed $35 trillion on July 29, amplifying worries about the economy and a possible recession.

30.07.2024 12:30 2 min. read Alexander Stefanov

US Government Spending May Lead to Bankruptcy, Expert Warns

Mike Novogratz, the CEO of Galaxy Digital, has raised alarms about the current state of US government spending, suggesting that it is on a dangerous path that could lead to bankruptcy.

29.07.2024 23:58 1 min. read Alexander Stefanov

Investors Should Adjust Their Strategies as the U.S. Debt is at $35 Trillion

JPMorgan Chase analysts are raising concerns as the U.S. national debt nears $35 trillion.

29.07.2024 12:00 1 min. read Alexander Stefanov

Rate Cuts Expected as Fed Balances Inflation and Employment

Federal Reserve officials are approaching a decision to lower borrowing costs within the next few months. Chair Jerome Powell might hint at this move soon, as concerns grow about impacting a strong yet slowing job market.

28.07.2024 18:00 2 min. read Alexander Stefanov

U.S. Economy Stands Strong After Stock Market Crash and Crypto Correction

The U.S. economy, despite what many think, is experiencing relatively strong growth, which may come as a surprise to many.

26.07.2024 15:59 2 min. read Alexander Stefanov