This is a segment from the Forward Guidance newsletter. To read full editions, subscribe.Fed Chair Jerome Powell, tight-lipped while facing questions from lawmakers, didn’t say whether the Fed would cut…
Reason to trust
…
In brief
Federal Reserve Chair Jerome Powell said it was a “great thing” to see progress on crypto legislation.
Meanwhile, the Fed said it will no longer assess “reputational risk” for banks.
Powell…
Fed rate cut discussions shifted dramatically when Federal Reserve Governor Christopher Waller broke ranks with Chair Jerome Powell, and signaling rate reductions could begin in July. This divergence comes as…
Key Points:Trump criticizes Powell, calls for rate cuts amid housing finance disputes.Former president pressures Fed Chair to alter monetary policy.Potential impact on mortgage markets and crypto asset trading predicted.
Donald Trump…
In brief
Bitcoin's price fell on Wednesday, while altcoins were hit harder.
Trump called Powell “stupid,” as the Fed is expected to hold interest rates steady.
Iran’s supreme leader said the U.S. would…
Key points:Bitcoin sees light relief as US President Trump reveals that Iran had been in touch.Trump calls Fed Chair Jerome Powell “stupid” as markets see no chance of an interest-rate…
9h05 ▪
5
…
Rumors spread quickly on X today that Federal Reserve Chair Jerome Powell would be resigning and interest rates could soon be cut, possibly under pressure from U.S. President Donald Trump.…
Key Points:Federal Reserve Chair met Trump to discuss economic policies.
Focus was on economic growth and inflation.
Monetary policy will follow data-driven strategies.Federal Reserve Chair and Trump Discuss…