Kevin Warsh is now officially listed as 'Chairman' by the Federal Reserve, reversing a trend of using 'chair' adopted by his predecessors. This change highlights ongoing debates about gender-neutral language in official proceedings, with differing practices in the House, Senate, and S&P 500 companies.
New Fed Chair Kevin Warsh is poised to overhaul the central bank's communication strategy, potentially reducing the frequency of press conferences and signals about interest rates. This shift, aimed at reducing market dependence on 'Fed speak,' has created uncertainty among economists and market participants.
Donald Trump afirmou "amar a inflação" após os preços nos EUA subirem 4,2% em maio, maior alta em 3 anos, impulsionada por custos de energia devido ao conflito no Irã. O comentário gerou críticas e pressiona o Federal Reserve.
Donald Trump afirmou amar a inflação e revelou uma missão secreta dos EUA para liberar o Estreito de Ormuz, bloqueado pelo Irã. Ele previu queda nos preços do petróleo após o fim do conflito.
Inflation hit a three-year high in May, driven by soaring gas prices, posing a challenge for the Federal Reserve and the Trump administration as midterm elections approach. Consumer prices rose 4.2% year-over-year.
Gold and silver prices dropped significantly on Wednesday due to concerns over inflation and the Federal Reserve's interest rate policy. Experts suggest that a shift from safe-haven demand to rate expectations, coupled with rising real yields, is pressuring precious metals.
The US Treasury's plan to rebuild its cash balance to $900 billion by June's end may drain liquidity from the financial system, impacting Bitcoin's price due to its reliance on available cash.
Federal Reserve Chair Kevin Warsh has hired two conservative economic policy researchers, Paul Winfree and Daniel Heil, as temporary contractors to support his policy analysis and planning on special projects.
Federal Reserve Chair Kevin Warsh has hired two conservative economic policy researchers, Paul Winfree and Daniel Heil, to support his work at the central bank. Winfree, a contributor to 'Project 2025,' has proposed reforming the Fed's dual mandate.
President Trump appointed Bill Pulte, head of the Federal Housing Finance Agency, as acting Director of National Intelligence, replacing Tulsi Gabbard. Pulte, lacking intelligence experience, will also continue his FHFA role. The move drew immediate condemnation from Democrats and some Republicans.
Bitcoin's price is heavily influenced by upcoming US jobs reports, particularly the JOLTS survey and payrolls data. These figures will signal the Federal Reserve's monetary policy direction, affecting interest rates, dollar strength, and overall market liquidity.
EUA acusam Brasil de favorecer o PIX em detrimento de empresas americanas de pagamento e ameaçam com tarifas de 25% sobre produtos brasileiros. A investigação, iniciada em 2025, mira o sistema de pagamento instantâneo e seu potencial impacto no dólar e na hegemonia financeira dos EUA.
Estudo do Federal Reserve Bank de Nova York aponta que o trabalho remoto dificulta o treinamento de jovens sem experiência, elevando o desemprego entre recém-formados em profissões remotáveis.
New York Fed research indicates remote work accounts for 64% of the rise in youth unemployment since the pandemic, as employers find it harder to train new graduates remotely. This trend may have lasting consequences for early-career experiences.
Former Fed Chair Jerome Powell warned that political interference in monetary policy could permanently destroy public trust in the central bank. Accepting the JFK Profile in Courage award, Powell stated the Fed is undergoing a "stress test" amid the Trump administration's challenges to its independence, referencing the ongoing Supreme Court case regarding Fed Governor Lisa Cook's attempted firing.
Former Fed Chair Jerome Powell received the JFK Profile in Courage Award for defending the central bank's autonomy. He stressed the importance of institutional independence, warning against political interference in policy decisions.
Former Fed Chair Jerome Powell defended the independence of institutions like the Fed, universities, and courts, calling them "the foundation and the embodiment of our democracy." He received the John F. Kennedy Profile in Courage Award for protecting the Fed's independence.
US Federal Reserve Governor Christopher Waller believes dollar-backed stablecoins could increase the global influence of US monetary policy, while Bank of England's Megan Greene predicts tokenized deposits will supersede stablecoins. The debate impacts US crypto legislation.
April's PCE inflation hit 3.8% year-on-year, a two-year high, while core PCE remained at 3.3%. Bitcoin fell sharply after the report, influenced by the Federal Reserve's stance under new chair Kevin Warsh, who favors tight liquidity. The conflicting monthly and annual inflation data creates uncertainty for rate cuts and impacts Bitcoin's liquidity-driven market.
US inflation rose 3.8% year-over-year in April, the fastest in three years, driven by higher energy prices amid the Iran war. This surge pressures the Fed to potentially hold interest rates unchanged and threatens Trump's economic approval ratings.
A New York Fed survey reveals higher food insecurity in the U.S. now than during the COVID-19 pandemic, with 10% of families skipping meals and 16% relying on donations, exacerbated by economic strain and rising food prices.
Gold and silver prices are expected to be influenced by US-Iran talks and upcoming US economic data. Analysts predict steady gold prices, while silver may outperform due to geopolitical tensions and high crude oil prices.
Federal Reserve April meeting minutes revealed a hawkish shift, with policymakers indicating potential tightening if inflation persists above 2%. This dashed Bitcoin traders' hopes for rate cuts, as the market now prices in a higher likelihood of hikes, impacting liquidity and risk appetite for assets like BTC.
Kevin Warsh was sworn in as the new Federal Reserve Chairman at the White House on May 22. Warsh, who previously served as a Fed governor and was once considered for the role by President Trump, aims to maintain independence and prioritize price stability.
