Business Conditions Expected to be Mixed in 2025
News Release 09 Jan ’25 The Federal Reserve Bank of Philadelphia surveyed Chamber of Commerce for Greater Philadelphia members in November 2024. The survey found a third of members expected conditions will improve in 2025, while another third…
Right Now, It’s Putting One Foot in Front of the Other
Good morning, everyone, and Happy New Year! My thanks to the leadership of the New Jersey Chapter for the invitation to start not just my day, but also my year with you. And I want to give a special thanks…
Federal Reserve Bank of Boston President Susan Collins says uncertainties point to slower cuts in 2025
Federal Reserve Bank of Boston President Susan Collins said a slower approach to adjusting interest rates is merited now as officials confront “considerable uncertainty” over the US economic outlook. Collins, in prepared remarks for an event Thursday in Boston, said…
US Fed’s December Rate Cut Should Be Its Last For Now: Official
US Federal Reserve Governor Michelle Bowman, seen in October, 2019, said the Fed should be ‘cautious’ when considering further rate cuts Eric BARADAT Text size ADDS CME Group data, graphics, CHECKS speeches against delivery The US Federal Reserve should proceed…
Top Federal Reserve official says central bank is ‘pretty close’ to meeting key targets
Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. A top Federal Reserve official has said the US central bank is “pretty close” to meeting its objectives on inflation…
Fed Reserve Has Concerns About Inflation Under Trump
This is a published version of the Forbes Daily newsletter, you can sign-up to get Forbes Daily in your inbox here. Good morning, The American passport isn’t as powerful as it used to be. The U.S. slid to No. 9…
Federal Reserve Shakes Crypto Markets As Bitcoin Dips Below $92,500
12h12 ▪ 6 min read ▪ by Luc Jose A. The year 2025 begins under the sign of instability for the crypto market. After briefly exceeding the symbolic threshold of 100,000 dollars on January 7, Bitcoin experienced a spectacular turnaround,…
Bitcoin Drops to $92,500 as Federal Reserve Policies and $631 Million in Liquidations Shake Market
Bitcoin Drops to $92,500 as Federal Reserve Policies and $631 Million in Liquidations Shake Market Bitcoin’s price fell to $92,500 on Jan 7 after briefly surpassing $100,000 earlier that day, marking its first breach of the psychological milestone since Dec…
Gold retreats; focus on U.S. data for cues on Federal Reserve’s policy path
An employee looks at a gold coated rose flower, on display at the Sharps Pixley gold showroom in London. Simon Dawson | Bloomberg | Getty Images Gold prices retreated on Thursday on profit-booking after hitting a near four-week peak in the last session,…
US Fed officials expected slower rate cuts in 2025, say December minutes | Inflation News
Minutes of the December meeting show a division on decision to cut rates and the 0.25 percent cut was a ‘close call’. United States Federal Reserve officials at their meeting December 17-18 expected to dial back the pace of interest…