Global markets showed mixed performance on Wednesday as investors reacted to new U.S. inflation data and ongoing concerns about rising tariffs. While Wall Street closed mostly lower following the inflation update, gains from tech giant Nvidia helped the Nasdaq reach another record high. The U.S. Consumer Price Index showed inflation accelerating to 2.7% in June, […]
White House Crypto Bill Timeline Kicks Off a Critical Summer White House crypto bill timeline developments are officially underway as the federal government prepares for a transformative summer in digital asset regulation. U.S. lawmakers have now set firm legislative milestones for July, August, and September, aiming to finalize market structure rules and clearly define […]
Federal Reserve Chair Jerome Powell, during his testimony before the U.S. Senate Committee on Banking, Housing, and Urban Affairs on June 25, confirmed that crypto assets are no longer fringe—but evolving into a legitimate, mainstream sector. His remarks boosted the broader market by 0.10%, with Bitcoin jumping more sharply by 1.38%, reaching around $108K in […]
In a landmark shift, the U.S. Federal Reserve has announced that it will no longer consider “reputational risk” as a factor when supervising banks — a move that could significantly benefit crypto companies long excluded from the financial system. On Monday, the Federal Reserve Board confirmed the elimination of “reputational risk” from its supervisory framework, […]
Week Ahead signals a busy economic calendar from June 23 to 27, with global markets bracing for crucial data releases that could sway central bank decisions and investor sentiment. The main highlight will be the U.S. May Personal Consumption Expenditures (PCE) inflation data, while additional updates from Europe, Asia, and North America will round […]
With inflation concerns rising and interest rates in focus, President Donald Trump has made no secret of his disdain for Federal Reserve Chair Jerome Powell. But despite the frustration, the question remains: can a U.S. president actually fire the Fed Chair? The Legal Trap: Independence by Design Legally, firing Powell isn’t simple. The Federal Reserve […]
President Trump’s threat to remove Federal Reserve Chair Jerome Powell is sending ripples through financial markets. Coupled with ongoing trade tensions and fears of a slowdown, investors are reassessing their positions. Also the confidence that once underpinned the U.S. dollar and Treasury market is starting to fray. The Federal Reserve’s independence has long been a […]
Crypto traders remain on standby as political tension heats up between former U.S. President Donald Trump and Federal Reserve Chair Jerome Powell, injecting fresh uncertainty into the financial landscape. Trump Criticizes Powell Over Interest Rates and Tariffs Donald Trump lashed out at Jerome Powell on April 17, accusing the Fed Chair of being slow to […]
Stock market turmoil intensified after U.S. President Donald Trump’s sweeping tariff announcement, sending global investors into a panic. The U.S. stock market took one of its worst hits in recent months, with the S&P 500 dropping 3.3%, the Dow Jones Industrial Average falling 1,160 points (2.7%), and the Nasdaq composite declining by 4.5%. Widespread fear […]
