Thursday, November 21, 2024
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Tag: Federal Reserve

Tesla Plummets 6%: Is the Trump Rally Over?

Economy Dong Shik Byun Editor -
U.S. stock indices fell on November 14, led by Tesla's 6% drop amid fading Trump rally and Fed's interest rate comments.

Musk Backs Trump’s Push to Tame the Fed: What It Means for the Economy

Focus Jin Sagong Editor -
Elon Musk supports pressure on the Federal Reserve by Trump’s administration, agreeing with Senator Mike Lee's social media post.

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.

Election Uncertainty Stalls U.S. Economy: What You Need to Know!

Focus Mir Lim Editor -
US economic activity stagnates ahead of the election, with businesses delaying investments amid rising uncertainties, Fed report shows.

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.

Could November Bring a Rate Freeze? Bostic Thinks So!

Economy Dong Shik Byun Editor -
Atlanta Fed President Raphael Bostic suggests the Federal Reserve may keep interest rates steady at the upcoming November meeting.

Is the Rise in Sausage Sales a Sign of Economic Trouble?

Focus Nara Yoon Editor -
Some experts are concerned that the rising demand for sausages in the United States may be an early indicator of an economic downturn.

The Rate Debate: Should the Fed Act Now to Save the Economy?

Focus Mir Lim Editor -
The Federal Reserve is expected to keep rates unchanged, though some advocate for a cut now due to economic stability concerns.

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.

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Is South Korea’s Economy in Trouble? IMF Sounds the Alarm

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The IMF forecasts South Korea's 2024 growth at 2.0%, citing uncertainties and recommending gradual interest rate cuts and structural reforms.

Trump’s Election Sends Global Markets Into Freefall, But Wall Street’s Winning Big

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Trump's election victory causes a split in stock markets, boosting Wall Street while global markets struggle amid protectionist policy fears.

Trump’s Surprise Pick: Howard Lutnick to Lead Commerce Department

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Trump nominates Howard Lutnick as Secretary of Commerce, highlighting his role in economic policy and trade agreements.

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