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Tag: Fed

Fed Chair Powell: ‘I Won’t Step Down for Trump!’

Focus Dong Shik Byun Editor -
Jerome Powell affirmed he won't resign if requested by Trump, emphasizing the Fed's independence and the complexity of economic forecasting.

Future Rate Cuts Could Slow as U.S. Economy Beats Expectations, Says Fed’s Waller

Focus Dong Shik Byun Editor -
In September, the U.S. Federal Reserve (Fed) lowered interest rates by 0.5%, signaling a potential slowing of future rate cuts.

Market Madness: Why Wall Street is Celebrating the Fed’s Bold Move!

Economy Dong Shik Byun Editor -
On Thursday, the three major indices of the New York stock market launched into a late all-time high streak.

Fed’s Big Cut Sends Currency to Lowest in Over a Year!

Economy Dong Shik Byun Editor -
On Wednesday, the value of the U.S. dollar fell to its lowest level in 14 months in the foreign exchange market.

Fed’s Rate Freeze: Is It Time to Hit the Gas or Pump the Brakes?

Focus Dong Shik Byun Editor -
As criticism of the Fed's decision to keep interest rates unchanged, a senior official asserted that there is no need for an early rate cut.

Wall Street Soars: Powell Hints at September Rate Cut

Focus Mir Lim Editor -
Nvidia and Tesla drove a tech stock rally, with Nasdaq up 2.64% and the S&P 500 climbing 1.58%, after the Fed hinted at potential rate cuts.

Powell’s Big Announcement: Rate Cuts Could Be Just Around the Corner

Economy Mir Lim Editor -
Yesterday, the U.S. Federal Reserve kept interest rates steady at 5.25%-5.50%, hinting at a possible cut in September.

US Fed Chair Powell Hints at Rate Cuts: Are We Finally Getting Relief?

Economy Jin Sagong Editor -
While no changes are expected at this week's monetary policy meeting, it could set the stage for a potential rate cut in September.

Will Trump’s Tariff Threats End U.S.-China Trade? His Latest Interview Reveals All

Politics Mir Lim Editor -
Trump, who had criticized Fed Chair Jerome Powell for perceived political motivations, pledged to retain Powell's term if re-election.

Federal Reserve Eyes Rate Cut as U.S. Employment Growth Falters

Focus Dong Shik Byun Editor -
The number of new private jobs in the U.S. in June was confirmed to be 150,000 on the 3rd...

Fed’s Powell hints at interest rate cuts, but adds more evidence needed

Economy Dong Shik Byun Editor -
Federal Reserve Chair Jerome Powell hinted at a possible interest rate cut during Tuesday's European Central Bank forum in Portugal. 

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Japan Marks 30 Years Since Tokyo Subway Sarin Attack with New Website to Educate Youth

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Japan plans a website to mark the 30th anniversary of the Aum Shinrikyo sarin attack, educating youth about its impact and legacy.

Meta Shares Plunge, Ending Record-Setting 17-Day Run

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Meta Platforms' stock fell sharply, ending a 20-day winning streak and erasing recent gains amid profit-taking and market decline.

S&P 500 Hits New High, But Tech Giants Face Struggles in the Market

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The NYSE saw a broad rally with the S&P 500 reaching a new high, while M7 tech stocks struggled, notably Meta's decline.

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