#us federal reserve

[pharosproject]

Federal Reserve stuck between a rock and a hard place

[shaktiknowledgeblog]

US Federal Reserve | FED | fed funds rate | Fed Impact |fed rate like | fed rate hike |fed interest rate hike | fed news

US Federal Reserve increases 0.25% in Fed Rate, tomorrow Indian Stock Market will be engaged Fed Rate Hike: Once again the US Federal Reserve has raised the Fed rate by 25 basis points on Wednesday। It will also affect the Indian stock market. US Federal Reserve hiked Fed Rate: The US Federal Reserve on Wednesday raised the Fed rate to 25 basis points। Since this announcement, the interest rate…

[caymannewsservice]

After interest rates drop in US, local banks follow suit

Butterfield Bank, George Town (CNS): Since the US Federal Reserve announced a 0.5% interest rate cut last week, some local banks have followed suit and reduced prime lending rates by the same amount. Butterfield, Cayman National and Proven Bank have all issued notices that their CI$ and US$ prime lending rates are decreasing from 8.50% to 8.00%. While interest rates here remain high compared to…

[theleadersglobe]

Fed’s Rate Cut Sparks Mixed Reaction in Asian Markets

Asian markets showed mixed reactions on Thursday following the US Federal Reserve’s significant interest rate cut. The Fed lowered its benchmark policy rate by 50 basis points, bringing it down to a range of 4.75% to 5%. This decision caused varied outcomes across Asian stock markets, with Japan and Singapore seeing gains while others faced challenges.

In Singapore, the Straits Times Index rose 0.47% as of mid-morning trading. Meanwhile, Japan’s Nikkei index surged by more than 2%, reaching 37,133.34. Export-heavy stocks like Fast Retailing and SoftBank Group contributed significantly to this rise. Additionally, the automakers’ sector in Japan saw strong gains, with Toyota Motor jumping 4.9%.

Read More: https://theleadersglobe.com/business/feds-rate-cut-sparks-mixed-reaction-in-asian-markets/

[notayesmanseconomics]

US interest-rates finally enter an easing cycle with a 0.5% cut

This really is the morning after the night before. As not only did the first US interest-rate cut, which we had been waiting for ever since Federal Reserve Chair Powell fired a starting gun last December, but like London buses two came along at once. In light of the progress on inflation and the balance of risks, the Committee decided to lower the target range for the federal funds rate by 1/2…

[head-post]

Oil prices fall due to uncertainty in US Federal Reserve interest rate policy

Oil prices declined on Friday amid ongoing concerns over the timing of the first interest rate cut by the US Federal Reserve.

The move also followed forecasts of weaker demand in the US and cautious steps by market participants ahead of a meeting of the Organisation of the Petroleum Exporting Countries (OPEC) and its allies, known as OPEC+.

International benchmark Brent crude was trading at $81.13 per barrel, down 0.28 per cent from its closing price of $81.36 per barrel in the previous trading session. Meanwhile, US benchmark West Texas Intermediate (WTI) crude oil was trading at $76.61 per barrel, down 0.34 per cent from the previous session which closed at $76.87 per barrel.

Analysts believe that a flood of positive economic data from the US has increased the likelihood that the Fed will keep interest rates high for longer. That said, the system is not expected to cut interest rates until November.

Atlanta Fed President Raphael Bostic pointed at the need of patience and confidence in inflation’s path to the 2% target before changing the discount rate.

Given how high inflation was, it wouldn’t be a surprise for inflation to take several years to get down to our 2% target.

Read more HERE

[usanewsology]

RBI should pause, think about decoupling from Fed: Soumya Kanti Ghosh - Times of India

KOLKATA: The RBI should ‘pause and think’ if it can continue mirroring the US Federal Reserve ‘stroke-by-stroke’ in terms of rate hikes or decouple from the American central bank, SBI group chief economic adviser Soumya Kanti Ghosh said.Ghosh said he does not see an end to the rate hike cycle of the Fed in the short-term, which makes a case for the RBI to contemplate about decoupling.“My point is…

[indizombie]

The yuan's slide is yet another example of a currency weakening as a result of the strong dollar. It is also about the very different paths China and the United States are taking in response to economic issues at home. The PBOC has been easing interest rates to revive growth in an economy ravaged by Covid lockdowns, while the US Federal Reserve is moving aggressively in the opposite direction as it tries to control inflation. Such a divergence is not wholly problematic, Joseph Capurso, head of international and sustainable economics at the Commonwealth Bank of Australia said. The fall in the currency's value can actually be helpful for exporters within China, he said, because it would make their goods cheaper and so could increase demand. That said, exports only make up 20% of the Chinese economy these days, so a weak yuan will not turn around fundamental weakness domestically largely caused by Beijing's zero-Covid strategy and a property crisis, said Mr Capurso. A weaker currency can also lead to investors pulling their money out of the country and uncertainty in financial markets - something Chinese officials will want to avoid with the Communist Party Congress coming up next month, when its president Xi Jinping is expected to secure an unprecedented third term in office.

‘Chinese yuan: Currency hits record lows against US dollar’, BBC

[luxurysystems]

Money Inc. AU- Vampire Hunter Irwin R. Schyster (concept) 🩸 ( Vampire Ted - x )

[dontmeantobepoliticalbut]

In the aftermath of the right-wing U.S. Supreme Court's potentially deadly rampage against federal regulators, its ruling in support of the criminalization of homelessness, and its decision to grant former President Donald Trump sweeping immunity from criminal prosecution, Sen. Bernie Sanders said late Monday that nation's highest judicial body is "out of control" and must be reined in before it can inflict even more damage.

"Over the years, among other disastrous rulings, this right-wing court has given us Citizens United, which created a corrupt, billionaire-dominated political system," Sanders (I-Vt.) said in a statement. "It overturned Roe v. Wade, removing women's constitutional right to control their own bodies. Last week, the court chose to criminalize poverty by banning homeless encampments in public spaces—forcing more poor people into the cycle of debt and poverty."

"With the Chevron case," the senator continued, "they have made it far more difficult for the government to address the enormous crises we face in terms of climate change, public health, workers' rights, and many other areas. And, today, the court ruled in favor of broad presidential immunity, making it easier for Trump and other politicians to break the law without accountability."

Such far-reaching and devastating decisions, Sanders argued, highlight the extent to which unelected Supreme Court justices—with the backing of right-wing billionaires and corporations bent on sweeping away all regulatory constraints—have arrogated policymaking authority to themselves with disastrous consequences for U.S. society and the world.

"If these conservative justices want to make public policy, they should simply quit the Supreme Court and run for political office," said Sanders. "At a time of massive income and wealth inequality, billionaire control of our political system, and major threats to the foundations of American democracy, it is clear to me that we need real Supreme Court reform. A strong, enforceable code of ethics is a start, but just a start. We'll need much more than that."

Sanders did not make specific reform recommendations beyond an ethics code in his statement Monday, but he has previously suggested rotating judges off the Supreme Court—which would effectively end lifetime appointments.

The Vermont senator's progressive colleagues floated a range of possible actions following the high court's presidential immunity ruling on Monday, including adding seats to the Supreme Court and impeaching individual justices.

"Today's decision, along with the court's decision to overturn Chevron, is an assault on the separation of powers under the Constitution," Sen. Elizabeth Warren (D-Mass.) said in response to the court's ruling in Corner Post Inc. v. Board of Governors of the Federal Reserve System.

"An extremist Supreme Court stacked by Donald Trump has snatched power away from an elected Congress and handed lawmaking power over to a few far-right unelected judges," Warren added. "This Supreme Court is undermining the foundations of our democracy; Congress must restore balance by adding more justices to the court."

The Supreme Court's recent flurry of rulings has already thrown existing cases into chaos and opened the floodgates to new corporate-backed lawsuits against longstanding federal regulations.

The Washington Post reported Sunday that "mere hours after the Supreme Court sharply curbed the power of federal agencies" by scrapping the Chevron doctrine, "conservatives and corporate lobbyists began plotting how to harness the favorable ruling in a redoubled quest to whittle down climate, finance, health, labor, and technology regulations in Washington."

"The National Association of Manufacturers, a lobbying group whose board of directors includes top executives from Dow, Caterpillar, ExxonMobil, and Johnson & Johnson, specifically called attention to what it described as regulatory overreach at the [Securities and Exchange Commission] and the Environmental Protection Agency," the Post noted.

The U.S. Chamber of Commerce, the nation's largest corporate lobbying organization, and the American Petroleum Institute were also among the big business groups applauding the fall of Chevron, fueling calls for Congress to codify the doctrine into federal law.

The American Prospect's Hassan Ali Kanu wrote Tuesday that the high court's latest term has "demonstrated how lacking our system is in terms of safeguards that can prevent or correct the Supreme Court when it oversteps its authority or engages in unjustified exercises of power."

"President Joe Biden's commission to explore Supreme Court reform produced a number of viable and sensible options," Kanu continued. "Congress could curtail or end judicial review, the power the court aggregated to itself to exclusively interpret the Constitution."

"Even more modest proposals could further democratize the Court and judiciary, like prohibiting them from declining to apply laws passed by Congress unless they have at least a supermajority vote; or implementing sortition, random assignment, and rotation into the process of appointing or assigning judges to the Supreme Court," he added. "At this point, when a six-member majority is literally declaring a former president who appointed three of them to be functionally above the law, against all prevailing opinion, scholarship, analysis, and experience, the case for court reform couldn't be clearer."

[thefreethoughtprojectcom]

This fiscal situation is not getting any better. That’s because the federal government is spending more than it’s bringing in with taxes. A lot more.

Read More: https://thefreethoughtproject.com/money/out-of-control-spending-and-debt-means-more-tyranny

#TheFreeThoughtProject

[workersolidarity]

*closes my eyes and taps my shoes together*

The US Dollar is still the dominant reserve currency

The US Dollar is still the dominant reserve currency

The US Dollar is still the dominant reserve currency

[tradermade]

The $dollar dips ahead of Powell's testimony, losing ground to the $EUR and $GBP. Explore: https://markets.tradermade.com/breaking/greenback-goes-gloomy. All eyes are on the Fed Chair's comments on inflation and interest rates, which could shift the dollar's value.

[akonoadham]

[never-was-has-been]

[bloodlust-brat-710]

Theories that I will stand by till death

• Space is accessible through the ocean

• The US gov. releasing information regarding aliens being real (which lets be real we already knew that) is all just a cover up for something crazier going on

• Atlantis existed and is still out there

• Megladon exists and is somewhere deep in the ocean

• Celebrities are a part of a cult where they consume adrenochrome and sa children

• Nick Cannon was dying ??? and now he’s better ???? and has all these children ???? He’s drinking their adrenochrome

• Everyone in the US gov. is corrupt. There’s no safe person.

• Thats not the real Joe Biden

• The Titanic was purposely sunk to push through the federal reserve

• Pyramids mean something more than they are. Idk what connection it has with aliens/outer space/advanced civilizations (minus what we all already know) but there’s something more there

• AI is going to help the world dramatically but is also going to ruin the world

• Aliens watch us on the reg & will take us out the moment we become too smart

• Earth won’t last forever. Global warming is real. We’re slowly rotting away. The environment will fight back, it already is.

• The stars mean everything