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Daily Economic Reports

Fed’s Measured Rate Cuts Meant to Keep US Economy on Track Amid Rising Risks

The Federal Reserve’s recent decision to trim interest rates by a quarter percentage point marks a pivotal shift in monetary policy, responding to signs of a cooling labor market while inflation lingers above target. This move, lowering the benchmark rate to a 4.00%-4.25% range, underscores a delicate balancing act. With …

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Bitcoin Steadies as Fed Cut and SEC ETF Overhaul Lift Market Sentiment

Bitcoin prices held steady on Thursday, while broader cryptocurrency markets advanced after the U.S. Federal Reserve delivered an expected interest rate cut and the U.S. Securities and Exchange Commission (SEC) approved new rules that could accelerate the launch of crypto-based exchange-traded products. Fed Delivers Rate Cut, Flags More Easing The …

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