United States Federal Reserve officials said that the strong economy toward the end of 2024 and inflation staying above its “2% target” may mean the economy “needs neither restriction nor support.”
The effects of potential changes in trade and immigration policy suggested” restoring 2% inflation “could take longer than previously anticipated,” according to the Fed minutes released Wednesday.
Ahead of Donald Trump taking office, Federal Reserve's top banking regulator has resigned from his role as vice chair of supervision.
Michael Barr, the vice chair for supervision at the Federal Reserve, said he will leave his post in February, giving President Donald Trump a chance to fill one of the top positions on the powerful central bank.
Crypto industry is pushing for Donald Trump to issue an executive order for a strategic Bitcoin reserve soon as he resumes office on Jan 20.
Donald Trump tariff plans and Fed policies raise questions on their impact on global trade, inflation, and the cryptocurrency market in 2025.
A federal crypto reserve would only benefit the scoundrels and scammers who helped fund Trump’s presidential campaign. Donald Trump speaks at the Bitcoin 2024 Conference on July 27, 2024 ...
Traders question whether the Bitcoin “Trump trade” is running out of steam after this week’s macroeconomic developments result in Bitcoin price weakness.
EMX Royalty receives gold-equivalent ounce royalties from global mining operations. Learn why EMX stock is a Hold.
Gold prices were set for their best week since mid-November as uncertainty around U.S. President-elect Donald Trump policies firmed demand for bullion, while investors awaited a key jobs report to assess the Federal Reserve's rate cut trajectory.
U.S. job growth likely slowed to a still-healthy clip in December while the unemployment rate held steady at 4.2%, reinforcing the Federal Reserve's cautious approach toward interest rate cuts this year.