The Federal Reserve's meeting minutes suggest a pause in interest rate cuts, with "almost all" policymakers believing that Trump's policies may drive up inflation.
The "New Federal Reserve News Agency": The minutes suggest that Fed officials will temporarily keep interest rates unchanged, partly due to Trump's intention to impose tariffs, and they anticipate the risk of inflation being higher than expected.
The deep recession alert has been sounded! USA credit card debt unexpectedly plummets.
In November, USA consumer credit decreased significantly by 7.5 billion dollars, with unpaid credit card and other revolving debt balances plummeting by 13.8 billion dollars, marking the largest monthly drop since the economic shutdown triggered by the COVID-19 pandemic. Analysis suggests that whenever there is such a sharp decline in revolving credit, the USA economy is often on the brink of recession or already in recession.
Federal Reserve's Collins: The number of interest rate cuts in 2025 will be lower than previously expected.
Due to strong employment data and persistent inflation, Boston Federal Reserve President Collins is inclined to expect smaller rate cuts in 2025 than previously anticipated a few months ago.
The bond market is making a scene, and US stocks may be in for a tough time.
The stock market may once again shift to a "good news is bad news" pattern......
AI has triggered a wave of layoffs on Wall Street! The number of unemployed individuals in the next three years may exceed 200,000.
The report indicated that in the next 3 to 5 years, due to AI 'encroaching' on human jobs, Global Banks will lay off up to 200,000 people, with backend, mid-office, and Operation positions facing the highest risks. At the same time, 80% of respondents expect that generative AI will increase productivity and income by at least 5% during this period.
US Stock Digging for Gold | Meta Makes Concessions Under EU Antitrust! eBay Soars Nearly 10% Overnight; Henry Hub Natural Gas Stocks Make a Comeback in the New Year! Stocks like EQT Corp Continue to Rise.
Milestone development! Streaming company Roku revealed that in the first week of 2025, it gained 90 million household users, and the stock price has risen over 11% within five trading days this year.