Trump says Powell’s termination can’t come fast enough
U.S. President Donald Trump has renewed his criticism of Federal Reserve Chair Jerome Powell, calling for his removal...
Tag : interest rates
Bitcoin gains momentum as investors bet on 2025 Fed rate cuts
Bitcoin (BTC) has surged past $96,000, edging closer to the psychologically significant $100,000 threshold following dovish comments from...
UK inflation jumps to 3% as transport and food prices surge
The United Kingdom's inflation rate rose to 3% in January, surpassing analyst expectations of 2.8%, according to data...
Bitcoin drops 7.3% since Trump’s inauguration amid weak sentiment
Bitcoin continued its downward trajectory on Monday, declining 0.8% to $96,197, as the cryptocurrency market remained subdued amid...
U.S. Treasury yields drop despite stronger-than-expected inflation data
U.S. Treasury yields declined on Thursday despite the release of another inflation report indicating stronger-than-expected price pressures. The...
Wall Street tumbles as CPI report dampens interest rate optimism
U.S. stocks declined on Wednesday as investors reacted to unexpectedly high U.S. inflation data for January, which dampened...
IMF reduces annual borrowing costs for members by 36 percent
MENA Newswire News Desk: The International Monetary Fund (IMF) has announced a significant reduction in borrowing costs for...
Fed Chair Powell signals smaller rate cuts to keep economy in solid shape
MENA Newswire News Desk: Federal Reserve Chair Jerome Powell reiterated Monday that the central bank will take necessary...
Swiss National Bank cuts interest rates by 25 basis points again
MENA Newswire News Desk: The Swiss National Bank (SNB) announced a 25 basis point cut to its policy...
Chinese Yuan hits record lows against surging US dollar
The yuan has hit new record lows against the surging US dollar, with the internationally-traded yuan reaching its...