Economy News

Market optimism is growing as investors anticipate economic policies under Donald Trump’s leadership to stimulate growth, with U.S. stocks and the dollar positioned as likely beneficiaries.

Richmond Fed President Thomas Barkin shared an optimistic outlook for the U.S. economy heading into 2025, highlighting potential growth despite uncertainties tied to the policies of the new Trump administration.

The Russian Central Bank surprised many by holding its key interest rate steady at 21%, a move that contradicted predictions of an increase to 22% or more.

Bitcoin and other cryptocurrencies experienced significant declines after Federal Reserve Chairman Jerome Powell made hawkish remarks, signaling a continued tight monetary policy.

The Federal Reserve has implemented a widely anticipated 25-basis-point interest rate cut, marking the third and final reduction for 2024.

China is gearing up for 2025 with its most expansive fiscal plan, raising the budget deficit to a record 4% of GDP to counter domestic challenges and looming trade tensions with the U.S.

Jerome Powell and the Federal Reserve are facing significant pressure from the market, with investors betting on an imminent rate cut following recent inflation reports.