On September 18, the US Federal Reserve made a notable move by cutting interest rates by 50 basis points, marking the start of a new easing cycle.
Fed Chair Jerome Powell explained that this decision was based on the economy’s overall strength and a belief that inflation will soon align with the 2% target.
Despite concerns about job market stability, Powell reported no significant increase in unemployment claims or layoffs.
The Fed plans additional cuts, with two more 25-basis-point reductions this year and further decreases in 2025 and 2026.
Economist Alex Krüger sees this move as a sign of proactive management, with positive implications for both stocks and cryptocurrencies.
Following the announcement, the stock and crypto markets, including Bitcoin, saw gains.
Krüger also noted that Bitcoin’s performance could be influenced by the upcoming US presidential election, advising investors to watch for potential changes based on election outcomes.
Donald Trump is doubling down on his pro-tariff stance, crediting the policy for what he calls a booming U.S. economy.
Robert Kiyosaki, author of Rich Dad Poor Dad, has raised alarm bells once again—this time warning that the financial system may already be in the early stages of a historic downturn.
JPMorgan Chase CEO Jamie Dimon has delivered a stark message about America’s financial trajectory, cautioning that the U.S. dollar’s role as the world’s reserve currency could come under threat if deep-rooted fiscal problems aren’t addressed soon.
Jamie Dimon, CEO of JPMorgan Chase, has voiced fresh concerns about the state of the U.S. economy, warning that financial markets may be heading into troubled waters—particularly the bond market.