Amid heightened interest from forex traders in the future of US Federal Reserve policies and the ongoing dispute between Trump and bank officials over pressure to continue cutting interest rates, the main focus during today's trading session will be on the reaction to remarks from US Federal Reserve Chair Jerome Powell at 19:30 Egypt time.
Economic News
—A sharp slowdown in hiring poses a growing risk to the U.S. economy, Federal Reserve Chair Jerome Powell said Tuesday, a sign that the Fed will likely cut its key interest rate twice more this year. Powell spoke before a meeting of the National Association of Business Economics. “While there was little doubt the was angled to cut rates at its next meeting, today’ s…
–Buy the AUD/USD pair and set a take-profit at 0.6600.– Add a stop-loss at 0.6450.– Timeline: 1-2 days. –Sell the AUD/USD pair and set a take-profit at 0.6450.– Add a stop-loss at 0.6600. The AUD/USD exchange rate will next react to the upcoming statement by Jerome Powell and other Federal Reserve officials.
2025 OCT 13– By a News Reporter-Staff News Editor at Mergers& Acquisitions Daily News– The Federal Reserve’ s recent 25- basis-point rate cut, lowering the benchmark to 4.00-4.25%, is being hailed by American Ventures Founder& CEO Shravan Parsi as a critical turning point for Texas commercial real estate. Parsi says the shift opens a renewed window for…
Midstream energy MLPs often entice investors with high yields but also shun them with tax-related complexities. DETROIT, MICHIGAN- October 13, 2025- It's not uncommon to see publicly traded midstream energy giants offer investors attractive yields of 7% or more, enticing investors across the risk-reward spectrum. What's more, with the U.S. Federal Reserve…
Sentiment shifts occurred rapidly last week as nervous financial institutions tried to weigh their outlooks regarding U.S Federal Reserve interest rate policy, and suddenly are dealing with renewed China tariff rhetoric from the U.S White House.– On top of that the U.S government shutdown looks as if it may continue over the coming days.
The Federal Reserve just did something it hadn't yet done in 2025: It lowered its benchmark overnight lending rate. While the markets largely expected September's quarter-point rate cut, it does mark the beginning of a potential easing cycle after months of holding rates steady. That matters for homeowners because the Fed's decisions ripple through to home…
Spare change trays at Toby’ s Pit Stop get a lot of use, owner-manager Toby Brantley says. According to the Federal Reserve Bank of Richmond website, the U.S. government is expected to stop producing new pennies for circulation in early 2026.. “Last year, the U.S. Mint lost $85 million from 1- cent production,” he said.“ This is the 19th consecutive year the U.S. government…
The following information was released by the Federal Reserve Bank of Boston:. Oct. 15 departure coincides with change in role at University of Vermont Health Network. BOSTON The Federal Reserve Bank of Boston and Dr. Sunny Eappen announced today that he would leave the Boston Fed's board of directors on October 15, coincident with stepping down as president and…
Today, Congressman Kweisi Mfume sent a letter, co-led with Senators Chris Van Hollen and Angela Alsobrooks, to the heads of the financial regulatory agencies calling on them to immediately issue guidance encouraging financial institutions to work with federal employees and small businesses impacted by a government shutdown and provide flexible…
2025 OCT 10– By a News Reporter-Staff News Editor at Health& Medicine Daily– New research on Investment is the subject of a report. According to news reporting from Philadelphia, Pennsylvania, by NewsRx journalists, research stated,“ Flood insurance could mitigate the negative shock from climate-induced disasters, yet many households are still not covered.
DETROIT, MICHIGAN- October 10, 2025- While much of the attention related to the blistering surge in copper prices has focused on the current administration's economic policies- especially as they pertain to tariffs- the reality is that experts saw the rally coming. Indeed, Goldman Sachs noted at the time that a supply deficit exceeding half a million tons could…
In small towns scattered across Pennsylvania's Coal Region, where coal's legacy casts long shadows over rising costs, Bitcoin and cryptocurrencies are becoming an unexpected hedge against inflation. Watching the bitcoin price today on platforms like Binance, residents are starting to see digital assets as a potential shield for their savings.
It's hard to believe that a couple years ago Time magazine considered naming Federal Reserve Board Chairman Jerome Powell as their Person of the Year. He may well have won, if it hadn't been for someone named Taylor Swift. Here are the facts: In the second quarter of this year, the U.S. economy grew by 3.3%, and with a few weeks to go in the third quarter, the Federal…
According to the International Monetary Fund, the country’ s real GDP growth is projected to slow to 2.0% in 2025 from 3.4% in 2024. Inflation is forecast to increase to 5.3% in 2025 from 4.4% in 2024 to 5.3% in 2025.“ High interest rates, fiscal rigor, and global trade headwinds are constraining growth and limiting the government’ s policy flexibility,” said Ann…
The following information was released by the Federal Reserve Board:. My FOMC colleagues and I also updated our projections for the economic outlook for the next couple of years and gave our assessments of the likely appropriate policy rate path as economic conditions evolve. In my remarks today, I will share my own thinking related to those decisions last…
The following information was released by the Federal Reserve Board:. Good morning and welcome to the Federal Reserve Board. Thank you to Vice Chair for Supervision Miki Bowman for hosting this conference.
The following information was released by the Federal Reserve Board:. Vice Chair for Supervision Michelle W. Bowman. At the Community Bank Conference, hosted by the Board of Governors of the Federal Reserve System, Washington, D.C..
Ted Janicki, Bank of America’ s Buffalo market president. With a lot of attention on tariffs, access to capital and labor availability, not all businesses feel the effects of those issues the same way, said Ted Janicki, Bank of America’ s Buffalo market president. Among Bank of America’ s local small business clients– those with revenues of up to $5 million–“ there is still…
