Federal Reserve Chair Jerome Powell held a press conference following the July policy meeting, where he elaborated on the decision to maintain the federal funds rate at 4.25%–4.50% for the fifth consecutive time. Responding to reporters’ questions, Powell noted that the U.S. economy remains in a solid position despite a …
Read More »Fed Sees Significant Uncertainty Still Surrounding Current US Economic Landscape
The Federal Open Market Committee voted to keep the interest rate unchanged at the July meeting, with a vote of 9 to 2 in favor of the decision.As a result, the Federal Reserve’s key interest rate, in place since the beginning of this year, remains within the range of 4.25% …
Read More »Fed Keeps Interest Rates Unchanged for Fifth Consecutive Meeting Amid Rising Economic Uncertainty
On July 30, 2025, the United States Federal Reserve announced its decision to maintain interest rates unchanged for the fifth consecutive meeting, keeping the policy rate within the 4.25%-4.50% range following a 25-basis-point cut last December.The decision came after the July policy meeting, with market participants widely anticipating the unchanged …
Read More »Dow Jones Holds Steady Ahead of FOMC Decision
The Dow Jones Industrial Average (DJIA) remained nearly flat on July 30, 2025, hovering around 21.595, as investors braced for the Federal Reserve’s interest rate decision, according to the finance card above. With a rate hold at 4.25%-4.5% widely expected, markets are focused on signals for a potential September cut, …
Read More »Gold Dips Below $3,300 as Strong U.S. Data Overshadows Fed Watch
Gold prices fell below $3,300 on July 30, 2025, shedding nearly 1% as robust U.S. economic data dampened demand for the safe-haven metal. Trading near $3,293, gold struggled amid easing global trade tensions and a risk-on market mood, though a softer U.S. dollar and slightly lower Treasury yields offered some …
Read More »U.S. Economy Defies Tariff Fears with Robust Growth
The U.S. economy grew at a robust 3% annual rate in Q2 2025, surpassing the 2.3% forecast despite trade tensions from new tariffs, the Commerce Department reported on July 30. This marked a rebound from Q1’s 0.5% decline, driven by stronger consumer spending and an improved trade balance. Consumer spending …
Read More »Bank of Canada Holds Rates Steady Amid U.S. Trade Uncertainty
The Bank of Canada opted to keep its policy interest rate unchanged at 2.75% on Wednesday, July 30, 2025, aligning with market expectations as it navigates a landscape clouded by unpredictable U.S. trade policies. In a press conference following the decision, the central bank’s governor highlighted emerging inflationary pressures and …
Read More »U.S. Economy Grows at a Strong 3% Annual Rate in Q2, Surpassing Expectations
The U.S. economy expanded at a 3% annualized rate in the second quarter of 2025, according to the Bureau of Economic Analysis’ (BEA) first estimate, released on Wednesday. This marks a significant rebound from the 0.5% contraction recorded in the first quarter and comes well above market expectations, which had …
Read More »U.S. Private Sector Employment Surges in July, Indicating Economic Resilience
According to the latest data from Automatic Data Processing (ADP), private sector employment in the U.S. rose by 104,000 jobs in July, a notable rebound from the previous month’s 23,000 decrease (revised from -33,000). This result surpassed market expectations, which had forecast a rise of 78,000. Key Highlights from the …
Read More »Eurozone Economic Growth Slows as Trade Tensions and U.S. Tariffs Weigh on Outlook
The eurozone economy grew slightly faster than expected in the second quarter, but the overall performance remains weak, and the region faces continued challenges from escalating U.S. tariffs. Q2 Growth Beats Expectations but Remains Modest The eurozone economy expanded by 0.1% in the second quarter, surpassing expectations for no growth …
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