Federal Reserve Chair Jerome Powell is tiptoeing through a minefield as Donald Trump barrels toward his second term as president. The central bank is trying to maintain its image of neutrality while secretly bracing for the economic chaos Trump’s policies could unleash.
Heading into a new year with a new administration, policymakers project fewer cuts and somewhat more stubborn inflation.
President-elect Donald Trump has expressed interest in building up a stockpile of bitcoin. What would that mean for taxpayers?
(AP) — The smooth economy that Donald Trump was poised to inherit suddenly ... flat after having posted 10 days of losses. The Federal Reserve now sees inflation as staying stubbornly elevated ...
Now, as a leak reveals Russia could beat the U.S. to a bitcoin reserve, Trump has been pitched a "capital markets renaissance fueled" by bitcoin to "unlock trillions in wealth" by MicroStrategy founder Michael Saylor.
Since Trump has been pitched a 'capital markets renaissance fueled' by bitcoin to 'unlock trillions in wealth', Musk warned that 'de facto' bankruptcy will happen in the US without a 'fix'. Musk on X wrote, "We either fix this or go de facto bankrupt."
Research from the Federal Reserve Bank of New York finds an ominous correlation between the performance of stocks and the implementation of tariffs during Trump's first term.
For now, let’s get into: Donald Trump’s economic plans are hanging over the US Federal Reserve and chair Jay Powell. The central bank lowered interest rates yesterday by a quarter-point ...
Since pledging to make America the "crypto capital of the planet", Trump's promises to enact pro-cryptocurrency policies have helped push the value of bitcoin to new records. Can the great run continue?
President-elect Donald Trump says he loves low interest rates, but his talk of imposing tariffs is pressuring the Federal Reserve to keep rates higher for longer.
Trump once called bitcoin "a scam against the dollar," but he has since changed his stance — and profited from crypto.
Goldman Sachs, JPMorgan and Bank of America are looking ahead to a strong 2025—as long as Donald Trump's tariff proposals on China, Europe and Canada don't prove too inflationary. Analysts are largely heading into the New Year feeling optimistic.