category: Federal Reserve

Billionaire Ray Dalio Warns Fed Faces Tough Road Ahead Balancing Interest Rate Cuts And ‘Enormous’ US Debt Amid $1 Trillion In Interest Payments This Year

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Billionaire investor Ray Dalio has highlighted the difficulties faced by the U.S. Federal Reserve as it navigates interest rate cuts amid a heavily indebted economy. What Happened: On Thursday, Dalio the founder of Bridgewater Associates said that the Fed must balance keeping interest rates high enough to benefit creditors while not excessively burdening debtors, Dalio said … Read more

Mike Johnson Says Fed Chair Jerome Powell Admitted Biden-Harris Immigration Policies Have Raised Unemployment And Are ‘Harming American Workers’ — Elon Musk Amplifies Discussion

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Speaker Mike Johnson (R-La.) claimed on X that Federal Reserve Chairman Jerome Powell admitted President Joe Biden and Vice President Kamala Harris‘ administration’s immigration policies are contributing to higher unemployment rates. Powell’s comments were made during a postmeeting press conference. What Happened: Johnson shared a video clip where Powell was questioned about the recent job … Read more

Small Caps, Bitcoin Rally As Traders Await Fed Rate Cut; Treasury Yields, US Dollar Tick Up On Strong Retail Sales: What’s Driving Markets Tuesday? – SPDR Dow Jones Industrial Average ETF (ARCA:DIA)

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Wall Street experienced a slightly positive session Tuesday, supported by investor optimism as the Federal Open Market Committee (FOMC) kicked off its two-day meeting, expected to deliver the first interest rate cut in over four years on Wednesday. The session’s notable performers were small caps, with the Russell 2000 index surging about 1.3%, targeting its … Read more

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