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Federal Reserve Chair Jerome Powell speaks about future rate cuts.
Economic Update

Federal Reserve Chair Powell Indicates Two Rate Cuts Ahead

On October 1, 2023, Jerome Powell announced potential rate cuts totaling 50 basis points if economic conditions progress as anticipated, signaling a shift in monetary policy for the remainder of th...

Austan GoolsbeeAustan Goolsbee speaking about interest rate cuts at the Chicago Fed.

Fed's Chicago President Urges Urgent Rate Cuts

Austan Goolsbee, President of the Federal Reserve Bank of Chicago, highlights the urgent need for interest rate cuts, indicating multiple reductions ahead.

Core InflationFederal Reserve Governor Michelle Bowman discussing core inflation concerns

Federal Reserve Governor Bowman's Worries on Core Inflation

Federal Reserve Governor Michelle Bowman expresses ongoing concerns about core inflation rates remaining above the 2% target, highlighting continued monetary policy challenges.

BitcoinBitcoin price chart showing recent decline and market trends

Bitcoin Faces Short-Term Correction Amid Market Uncertainty

Bitcoin's recent drop amid market volatility reflects typical bull market behavior. Experts foresee potential further declines unless economic indicators reveal positive trends. Despite short-term ...

Federal ReserveFederal Reserve building with financial graphs overlay.

IG Analyst Predicts Potential 50 Basis Point Fed Rate Cut in November

Analysts at IG indicate a 50 basis point rate cut by the Federal Reserve in November remains a possibility. Despite Jerome Powell's upcoming speech, analysts suggest no major shifts in monetary pol...

Economic RisksEconomists highlight monetary policy as a top risk for the US economy in 2024.

Survey Reveals Monetary Policy Risks Major Threat to U.S. Economy in 2024

A recent NABE survey indicates that 39% of economists believe monetary policy mistakes by the Federal Reserve are the biggest threat to the U.S. economy in 2024. Additional risks include the presid...