Trump demands 1% or lower interest rate after first Fed hike since 2023
President Donald Trump on Wednesday demanded the Federal Reserve slash interest rates to 1% "or less," hours after the central bank announced its first rate hike since 2023.
Market Analysis
Here are five key takeaways from Wednesday's Fed rate hike
The Federal Reserve on Wednesday delivered a much-expected interest rate hike, and Chairman Kevin Warsh followed with a notably terse news conference at which he stressed policymakers' staunch commitment to tackling inf…
The Japanese Yen gives back more of its rally as the Fed raises rates
The Bank of Japan meets on Friday, and the market has a quarter-point hike to 1.25% priced at 100%. The Yen has been falling anyway. USD/JPY is up three sessions in a row, Wednesday's gain was the biggest of the three, …
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New Zealand GDP in the barrel with the Kiwi at July lows
New Zealand reports second-quarter growth later on Wednesday, or early on Thursday depending on where you are relative to the international date line, and the forecast is 0.1% for the quarter, down from 0.8% in the firs…
Trump demands 1% rates hours after the Fed raised them
Trump posted on Wednesday that US rates should be 1% or less and that the country has the strongest credit anywhere. He also wrote that cutting off trade with every nation the US runs a deficit with would earn at least …
New Zealand Dollar sinks toward its July low after the Fed hikes
NZD/USD has dropped in six straight sessions. The run started near 0.5900 on September 8, went through both long-run averages near 0.5850 early in the run, and the last three sessions have been the biggest of the lot. T…
Gold Resilience Shows Why Fiscal Risk Is Offsetting 5% Treasury Yields
Gold is doing something on Wednesday, September 16, 2026, that the textbook says it should not do: rallying into a rate hike. Spot gold traded at $4,342.50 an ounce in early U.S. hours, up 1.16% on the session, after bo…
The Australian Dollar continues to slide as the Fed enters hike country
Australia's central bank pays more than the Federal Reserve (Fed) does. The cash rate is 4.35%, the Fed's new range is 3.75-4.00% after Wednesday's quarter-point hike, and most of the big Australian banks expect the RBA…
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Federal Reserve Hikes 25bp, Suggests Another to Come
Dennis Lockhart was president of the Federal Reserve Bank of Atlanta from 2007 to 2017 riding the crest of the Great Financial Crisis recession waves alongside then Fed Board Governor Kevin Warsh who now has just under …
Solana (SOL) Correction or Short-Lived Dip? Here’s Why Bulls Aren’t Giving Up
Solana is holding a major support area even after its latest correction. After reports that the CLARITY Act failed to advance in the US Senate, the crypto asset took a plunge from over $101 to under $96 before a minor r…
Binance Unveils Multiple Delistings: Check Out the Affected Cryptocurrencies
The world’s largest cryptocurrency exchange will end support for several trading pairs across its margin and spot sections.
US Federal Reserve sends Gold to fresh one-month lows
Spot Gold (XAU/USD) is closing Wednesday with losses, trading around $4,250 after hitting an intraday high of $4,366. The bright metal came under strong selling pressure after the United States (US) Federal Open Market …
Jeff Gundlach says the Fed should have hiked rates by more to fight rising inflation
The Federal Reserve should have hiked rates by more on Wednesday instead of a just a quarter point, according to Jeff Gundlach, founder of DoubleLine.
Strong Retail Sales Complicate the Case for a One-and-Done Fed Hike
We have come a long way with more than 85% of the Fortune 500 using Microsoft AI solutions to shape their future. With 66% of CEOs reporting measurable business benefits from generative AI initiatives, particularly in e…
After CLARITY Setback, Armstrong Says ‘We Can’t Wait on Congress Anymore’
The US Senate failed to advance the Digital Asset Market Clarity Act after the procedural vote fell short of the 60 needed to move forward. While this was “disappointing,” Coinbase co-founder Brian Armstrong said that b…
Loonie weakens after Fed hike as dollar gains on hawkish outlook
The U.S. dollar has been under pressure in recent months, driven by factors including trade policy uncertainty, interest rate fluctuations and geopolitical tensions. The U.S. Dollar Index — which tracks the strength of …
Breaking: Fed Raises Interest Rates by 25 Bps, Bitcoin Price Reacts
For the first time in three years, the United States Federal Reserve raised the benchmark interest rates by 25 bps.
The Euro breaks lower once the Fed raises rates
The Euro (EUR) trades just under 1.1500 against the US Dollar (USD) on Wednesday, through the pair of long-run averages that had held it up since early August. Both central banks in this pair have raised rates inside a …
Robinhood Chain’s TVL Nears $1B, but Failed L1s Raise Sustainability Question
Four blue-chip layer-1 blockchains from the last market cycle have lost more than 99% of the value once locked on them, and a crypto researcher is asking if Robinhood Chain is next.
Stocks Mostly Higher Ahead of Fed Decision
The S&P 500 Index ($SPX) (SPY) is up by +0.40% today, the Dow Jones Industrial Average ($DOWI) (DIA) is down by -0.02%, and the Nasdaq 100 Index ($IUXX) (QQQ) is up by +0.90%. E-mini S&P futures (ESU26) are up +0.38%, a…
Hock Tan Just Guided Broadcom's AI Revenue to Reach $230 Billion by 2028. Should You Believe Him?
Broadcom (NASDAQ: AVGO) CEO Hock Tan is no stranger to making bold claims, but he has a good track record of being right. His latest projection is particularly audacious: Broadcom will bring in $230 billion in annual AI…
Gold Futures Brace for Fed Shock as 4 Rate Scenarios Come Into Focus
Gold rose on Tuesday after briefly touching a two-week low, as investors avoided large bets before US inflation data and Federal Reserve Chair Kevin Warsh’s congressional testimony.
House set to pass sweeping Russia sanctions bill honoring Lindsey Graham
The U.S. House is expected to pass a Russia sanctions bill introduced over a year ago by the late Sen. Lindsey Graham, R-S.C., on Wednesday afternoon, sending it to President Donald Trump's desk.