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Sat, May 16, 2026 11:34 PM All times are UTC

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Navigating Economic Winds: Insights from the December 2024 FOMC Meeting Minutes

Jan 09, 2025 04:48 am UTC| Central Banks Insights & Views

Overview of December 2024 FOMC Meeting Minutes Minutes of the last FOMC meetingwhichoccurredbetween December 17-18, 2024werereleased on January 8, 2025,providingkeyinsightsabout the economy and monetary...

What does 2025 hold for interest rates, inflation and the American consumer?

Dec 28, 2024 07:08 am UTC| Insights & Views Economy Central Banks

Brian Blank is a finance scholar and Fed watcher who researches how companies navigate downturns and make financial decisions, as well as how markets process information. Brandy Hadley is a finance professor who leads a...

RBA Stays Steady Amid Economic Concerns: What’s Next for Australia’s Interest Rates?

Dec 24, 2024 05:06 am UTC| Central Banks

The Reserve Bank of Australias (RBA) Monetary Policy Meeting Minutes were released today, December 24, 2024. Here are the main points: The RBA board is feeling more confident about inflation trends since their last...

Bank of England Poised to Maintain Rates Amid Inflation Concerns and Economic Slowdown

Dec 19, 2024 06:00 am UTC| Central Banks

The Bank of England (BoE) is set to announce its monetary policy decision on December 19, 2024, and most experts believe it will keep the Bank Rate at 4.75%. This decision comes as inflation remains a concern and the...

BoJ Holds the Line: Steady Rates Amid Rising Inflation and Growing Wages

Dec 19, 2024 04:03 am UTC| Central Banks

BoJ Keeps Rates Steady The Bank of Japan (BoJ) has decided to keep its benchmark interest rate at 0.25% during its recent meeting on December 18-19, 2024. This is the fourth time in a row that the rate has remained...

Navigating Inflation: The Fed's Cautious Path Amid Rate Cuts

Dec 19, 2024 03:18 am UTC| Central Banks Insights & Views

Recent Rate Cut Announcement The Federal Reserve has recently cut its benchmark interest rate by 25 basis points, bringing it down to a range of 4.25% to 4.5%. This marks the third consecutive rate cut in 2024, following...

Fed Delivers Third Rate Cut but Doubles Down on Fewer Moves for 2025

Dec 18, 2024 22:44 pm UTC| Economy Central Banks

The Federal Reserve announced its third rate cut of the year on Wednesday, trimming the benchmark rate to 4.25 to 4.5 percent. However, officials now expect only two rate cuts in 2025, halving prior forecasts as inflation...

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Economy

Oil Prices Surge Above $109 as Strait of Hormuz Crisis and U.S.-Iran Tensions Escalate

Global oil prices soared Friday, posting strong weekly gains as tensions between the United States and Iran continued to intensify and the Strait of Hormuz remained effectively closed, fueling fears of a prolonged global...

Gold Prices Post Worst Weekly Drop Since March as Strong Dollar and Fed Rate Hike Bets Pressure Metals

Gold prices tumbled sharply on Friday, recording their biggest weekly decline since mid-March as a stronger U.S. dollar and growing expectations of Federal Reserve rate hikes weighed heavily on the precious metals market....

Powell Named Fed Chair Pro Tempore as Trump Prepares to Install Kevin Warsh

The Federal Reserve Board announced Friday that Jerome Powell will serve as chair pro tempore until Kevin Warsh is officially sworn in as the next leader of the U.S. central bank. The move comes as President Donald Trump...

Dollar Surges as Fed Rate Hike Expectations Grow Amid Inflation and Global Bond Sell-Off

The U.S. dollar extended its rally for a fifth consecutive session on Friday, posting its strongest weekly performance in more than nine months as investors increased expectations for further Federal Reserve interest rate...

UK Stocks Slide as Labour Leadership Tensions and U.S.-China Talks Shape Markets

British stocks closed lower on Friday as political uncertainty surrounding the U.K.s ruling Labour Party pressured investor sentiment and weakened the pound for a fourth straight session. The FTSE 100 dropped 0.61%, while...

Politics

Taiwan Says U.S. Arms Sales Remain Key to Regional Stability

Taiwan reaffirmed on Saturday that U.S. arms sales remain vital to maintaining peace and stability in the Asia-Pacific region after President Donald Trump said he had not yet decided whether to approve a new weapons...

Amazon Faces Class-Action Lawsuit Over Trump Tariff Price Hikes

Amazon.com Inc. (NASDAQ: AMZN) is facing a proposed class-action lawsuit after consumers accused the company of inflating product prices due to tariffs later ruled unlawful by the U.S. Supreme Court. The case, filed in...

Alberta Separatist Movement Faces Major Legal Setback Ahead of Referendum Push

Albertas separatist movement has suffered a significant blow after a provincial court ruled against a petition campaign seeking a referendum on Alberta independence from Canada. The decision creates new uncertainty for...

ICC Arrest Drama Deepens as Philippine Senator Bato Dela Rosa Escapes Amid Senate Gunfire

Philippine politics plunged deeper into turmoil after Senator Ronald Bato Dela Rosa reportedly escaped authorities following a dramatic confrontation involving gunfire inside the Senate complex in Manila. The controversial...

Ukraine Begins Major POW Swap as 205 Soldiers Return from Russian Captivity

Ukraine has successfully brought home 205 service personnel from Russian captivity in the first phase of a large-scale prisoner exchange with Russia, President Volodymyr Zelenskiy confirmed on Friday. The operation marks a...

Science

Trump Administration Releases New UFO Files and Apollo Mission Records

The U.S. Defense Department has released dozens of previously classified UFO-related files following an order from President Donald Trump, sparking renewed debate over unidentified anomalous phenomena (UAP) and government...

China vs. NASA: The New Moon Race and What's at Stake by 2030

The space race is back and this time, its a direct competition between the United States and China for dominance on the lunar surface. NASAs Artemis II mission recently made history when four astronauts flew farther into...

NASA Artemis II: First Crewed Moon Mission Since Apollo Takes Four Astronauts on 10-Day Lunar Journey

NASAs Artemis II mission launched Wednesday, marking humanitys return to crewed lunar exploration for the first time since the Apollo era. Carrying four astronauts aboard the Orion spacecraft, this historic 10-day mission...

NASA's Artemis II Mission: First Crewed Lunar Journey Since Apollo

NASA's Artemis II Crew Arrives in Florida for Historic Moon Mission

The four astronauts chosen for NASAs Artemis II mission have touched down at Kennedy Space Center in Florida, marking the beginning of final launch preparations for the first crewed lunar journey in over 50 years. NASA...

Technology

SpaceX Shareholders Approve 5-for-1 Stock Split Ahead of Potential IPO

A majority of SpaceX shareholders have reportedly approved a 5-for-1 stock split proposed by the companys board, according to a Bloomberg News report published Friday. The decision comes as interest continues to grow...

FTC Antitrust Probe Targets Arm Holdings Over Chip Licensing Practices

Arm Holdings Plc (NASDAQ: ARM) is reportedly under formal investigation by the U.S. Federal Trade Commission (FTC) over concerns tied to its semiconductor licensing business, according to Bloomberg. The probe marks a...

Applied Materials Forecasts Strong Q3 Revenue as AI Chip Demand Accelerates

Applied Materials posted record fiscal second-quarter revenue on Thursday and issued a stronger-than-expected forecast for the third quarter, fueled by rising global investment in artificial intelligence infrastructure and...

Anthropic Nears $30 Billion Funding Round at $900 Billion Valuation

AI startup Anthropic is reportedly close to securing a massive $30 billion fundraising deal that would value the company at approximately $900 billion, according to a Financial Times report published Friday. The new...

Nvidia’s China AI Chip Sales Remain Frozen Despite U.S. Approval

Nvidias efforts to expand AI chip sales in China remain stalled even after the U.S. approved several Chinese technology giants to purchase the companys H200 processors. Although around 10 Chinese firms, including Alibaba,...