Minneapolis Fed President Neel Kashkari supported the Federal Reserve’ s quarter-point cut to its key interest rate Wednesday and posited two more could be in store. In a Friday essay, the Federal Reserve Bank of Minneapolis leader wrote while he previously advocated for two cuts in 2025, he’ s now“ nudged that up to three” if current market conditions persist.
Economic News
The following information was released by Delaware Senator Lisa Blunt Rochester:. U.S. Senator Lisa Blunt Rochester joined Senator Ruben Gallego to introduce the Fed Integrity and Independence Actto prohibit members of the Federal Reserve from holding multiple positions appointed by the President. "Given how much impact the Federal Reserve hason…
Markets ended the week of September 19 with investors weighing a mix of bullish tailwinds and bearish crosscurrents. The Federal Reserve’s decision to cut rates by 25 basis points was the clear centerpiece, but interpretations of the move diverged sharply—some seeing the start of a powerful easing cycle, others warning of policy and macro risks…
The post This Week’s PRISM Bull and Bear Report appeared first on PRISM MarketView.
The following information was released by the Credit Union National Association:. America's Credit Unions is calling on the Federal Reserve, Comptroller of the Currency, and FDIC to take a technology-forward, collaborative approach to tackling payments fraud in response to an interagency request for information on fraud prevention.
-Federal Reserve board members would not be able to hold dual positions appointed by the president if U.S. Sen. The bill was proposed after President Donald Trump appointed Stephen Miran to the Federal Reserve Board. The Senate committee confirmed Miran to the Federal Reserve Board a day before Gallego introduced his legislation.
The United States is entering a period that looks and feels like stagflation, the dreaded s-word that hasn't been uttered much since the 1970 s and early 1980 s. Federal Reserve Chair Jerome H. Powell didn't use the s-word on Wednesday, but he repeatedly called the situation "unusual." The Fed just lowered interest rates by a quarter point to prevent more layoffs and…
The average rate on a 30- year U.S. mortgage fell again this week, echoing a decline in long-term U.S. Treasury bond yields ahead of the Federal Reserve's first rate cut this year. Mortgage rates are influenced by several factors, from the Federal Reserve's interest rate policy decisions to bond market investors' expectations for the economy and inflation.
The Bank of Japan issued its decision on the overnight call rate after a two-day meeting by its policy board. The U.S. Federal Reserve cut its policy rate by 0.25 percentage points earlier this week, the Fed’ s first cut since December, and lowered its short-term rate to about 4.1%, down from 4.3%. The Bank of Japan noted exports will be hit by higher tariffs, which have…
SEC- registered investment adviser extends its ACGM Total Portfolio Solutions Suite™ to Hong Kong markets through newly licensed entity AWAIM LIMITED. CENTURY CITY, Calif. and HONG KONG, Sept. 18, 2025/ PRNewswire-PRWeb/– Aligne Wealth Advisors Investment Management, a U.S. Securities and Exchange Commission registered investment adviser, today announced…
-Federal Reserve board members would not be able to hold dual positions appointed by the president if U.S. Sen. The bill was proposed after President Donald Trump appointed Stephen Miran to the Federal Reserve Board. The Senate committee confirmed Miran to the Federal Reserve Board a day before Gallego introduced his legislation.
Federal Reserve board members would not be able to hold dual positions appointed by the president if U.S. Sen. The bill was proposed after President Donald Trump appointed Stephen Miran to the Federal Reserve Board. The Senate committee confirmed Miran to the Federal Reserve Board a day before Gallego introduced his legislation.
Cryptocurrency markets rallied Thursday after the Federal Reserve cut interest rates and the SEC approved new rules to simplify listings of crypto ETFs. Exchanges and miners led the move higher, with newly public Bullish pacing gains and Coinbase rebounding sharply. SEC Rule Change Spurs Optimism The SEC’s decision to establish standardized listing criteria for spot…
The post Bullish Leads Crypto Rally After Fed Cut and SEC ETF Rule Change; BREA Soars on $300M Solana Pivot appeared first on PRISM MarketView.
U.S. equities climbed to new records on Thursday, led by small caps and technology, as investors embraced the Federal Reserve’s latest rate cut and upbeat economic data The S&P 500 gained 0.48% to finish at 6,631.96, while the Nasdaq Composite rose 0.94% to 22,470.73, both setting fresh closing highs. The Dow Jones Industrial Average added…
The post U.S. Stocks Close at Record Highs as Fed Easing and Strong Data Drive Rally appeared first on PRISM MarketView.
The Justice Department urged the Supreme Court on Thursday to put President Trump's firing of Federal Reserve Gov. The ask initiates a high-stakes battle at the Supreme Court over the independence of the Fed, which has traditionally been viewed as an institution kept arm' s-length from the White House's political whims. Trump fired Cook last month, citing a…
President Trump's top economic adviser praised the Federal Reserve on Thursday for making a "prudent" decision on interest rates, despite the president's calls for a much steeper rate cut. Kevin Hassett, director of the White House National Economic Council, backed the Fed's move to cut interest rates by 0.25 percentage points Wednesday after months of White…
—The Trump administration on Thursday asked the Supreme Court for an emergency order to remove Lisa Cook from the Federal Reserve’ s board of governors. One of her lawyers, Abbe Lowell, has said she“ will continue to carry out her sworn duties as a Senate- confirmed Board Governor.”. Separately, Senate Republicans on Monday confirmed Stephen Miran, Trump’ s nominee to an…
–The overall of Gold Trend: Still strongly bullish.– Today's Gold Support Points: $3615– $3560– $3500 per ounce.– Today's Gold Resistance Points: $3680– $3720– $3760 per ounce.. Gains in the gold market increased after the U.S. Federal Reserve lowered the interest rate, as lower borrowing costs boosted the attractiveness of trading gold. The Federal Reserve lowered the…
President Donald Trump has asked the U.S. Supreme Court to allow him to remove Federal Reserve Governor Lisa Cook. The Fed on Wednesday announced a 0.25% rate cut in the wake of Trump's demands to do so. The Fed traditionally is an independent institution that doesn't follow White House orders.
The average rate on a 30- year U.S. mortgage fell again this week, echoing a decline in long-term U.S. Treasury bond yields ahead of the Federal Reserve’ s first rate cut this year. The rate eased to 6.26% from 6.35% last week, mortgage buyer Freddie Mac said Thursday. Rates generally follow the trajectory of the 10- year Treasury yield, which lenders use as a guide to…
