• Dec 23, 2024

Who Votes on Fed Policy Next Year Is Changing. Here’s What to Know

(Bloomberg) -- New voters are set to rotate onto the Federal Reserve’s interest-rate-setting committee just as renewed inflation concerns inject a fresh layer of complexity into the central bank’s decision making. Most Read from BloombergHo Chi Minh City Opens First Metro Line After Years of DelayThe Architects Who Built MiamiReviving a Little-Known Modernist Landmark in BuffaloNew York’s Congestion Pricing Plan Still Faces Legal HurdlesNew York City’s Historic Preservation Movement Is Having a

  • Dec 23, 2024

Bitcoin's 2025 Outlook Suddenly Looks Uncertain: Here's Why

As 2025 approaches, Bitcoin (CRYPTO: BTC) finds itself navigating a shifting macroeconomic landscape, with fading tailwinds raising concerns about sustained momentum, according to a report. What Happened: The Federal Reserve’s hawkish stance, coupled with broader macroeconomic headwinds, suggests a year of heightened caution for traders and investors, 10x Research report on Friday stated. “Some indicators we monitor suggest that the air is getting thinner,” the report cautioned. This sentiment n

  • Dec 23, 2024

Trump Efficiency Co-Chief Elon Musk Calls Fed ‘Overstaffed’

(Bloomberg) -- Elon Musk, the billionaire tasked with making the US government more efficient come January, has zeroed in on the Federal Reserve.Most Read from BloombergHo Chi Minh City Opens First Metro Line After Years of DelayThe Architects Who Built MiamiReviving a Little-Known Modernist Landmark in BuffaloNew York’s Congestion Pricing Plan Still Faces Legal HurdlesNew York City’s Historic Preservation Movement Is Having a Midlife CrisisThe central bank in charge of protecting the world’s la

  • Dec 23, 2024

An analyst looks ahead to how the US economy might fare under Trump

President-elect Donald Trump won a return to the White House in part by promising big changes in economic policy — more tax cuts, huge tariffs on imports, mass deportations of immigrants working in the United States illegally. In some ways, his victory marked a repudiation of President Joe Biden’s economic stewardship and a protest against inflation. It came despite low unemployment and steady growth under the Biden administration.