Trump Calls for 1% Fed Rate as Warsh Hikes, Warns of More
Trump demanded the Fed cut rates to 1% after Warsh raised them to 3.75-4%, threatening more hikes. Bitcoin and gold reacted.
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Trump demanded the Fed cut rates to 1% after Warsh raised them to 3.75-4%, threatening more hikes. Bitcoin and gold reacted.
Chinese President Xi Jinping's planned summit with Donald Trump on September 24 may be cancelled if the US approves a $14 billion Taiwan arms sale.
Wells Fargo cut its S&P 500 target to 7,700 from 7,950 ahead of the Fed's rate hike, citing valuation risk from rising yields.
Deutsche Bank announced plans for a regulated digital asset custody service for European institutions, initially supporting bitcoin, ether, and select…
Morgan Stanley co-president Dan Simkowitz says AI spending will continue despite calls to slow model releases, as Anthropic's IPO reportedly nears.
Bessent is open to AI-risk talks with China in New York but ruled out slowing US development. Both governments rejected calls for an AI slowdown.
Congress advanced two crypto bills on Sept 16; only the tax bill passed committee. Bitcoin stayed flat as the reserve bill's fate remains pending.
The Fed raised rates by 25bps to 3.75%-4.00% unanimously and projected further hikes, signaling a higher-for-longer path.
ERA launches a software wallet companion, adding portfolio management and swaps, with hardware updates including Bitcoin multisig and 2FA.
NZD/USD enters Thursday's NZ GDP release already in a breakdown, with three outlined scenarios for the pair's reaction depending on the data outcome.