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The Fed Divided
The Fed cut rates by 25bps this week, lowering the target range to 4–4.25 percent. The statement marked a pivot from July. Then the Fed described labour market conditions as “solid.” Now it concedes that job gains have slowed, unemployment has edged up, and inflation has “moved up and remains somewhat elevated.” The new projections underline the shift. For 2025, GDP growth is now 1.6 percent versus 1.4 in June, PCE inflation 3.0 unchanged, core PCE 3.1 unchanged, and unemployment 4.5 unchanged. For 2026, growth is 1.8 percent versus 1.6, PCE inflation 2.6 versus 2.4, core 2.6 versus 2.4, and unemployment ... (full story)
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From youtube.com/cnbctelevision|Sep 18, 2025The crypto industry is taking on big banks as lawmakers in Washington debate the future of digital currency regulation. CNBC's Emily Wilkins joins 'Squawk Box' with more.
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From cnbc.com|Sep 18, 2025Coinbase CEO Brian Armstrong and other crypto executives took to Capitol Hill this week as part of a regulatory showdown between the industry and banks with potentially trillions ...
From @NourHammoury|Sep 18, 2025|3 comments*TRUMP ASKS SUPREME COURT TO LET HIM FIRE FED'S LISA COOK
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