Trump slams Fed’s third-straight rate cut as ‘too small,’ saying he wishes it was twice as large

Gold prices have consolidated at elevated levels as traders digest the Federal Reserve's outlook on interest rates. This stability follows a period of fluctuating economic signals and reflects market anticipation regarding potential monetary policy shifts.

China, along with several European nations, has raised objections to a proposed exemption for US multinationals from the OECD's global minimum tax framework, effectively stalling the agreement. This move highlights the tensions surrounding international tax policies and the influence of major economies in shaping these regulations.

Policymakers in Europe are under increasing pressure to consider lowering interest rates, particularly if the U.S. dollar continues to weaken significantly. This situation arises as the European Central Bank (ECB) evaluates its monetary policy in light of economic conditions.

Former President Donald Trump has introduced a new immigration initiative, offering $1 million 'gold card' visas to individuals who can demonstrate a substantial benefit to the United States. This program aims to attract skilled immigrants who can contribute positively to the economy and society.

Stephen Moore, a former economic advisor to President Trump, discussed the Federal Reserve's recent decision to cut interest rates and the implications for the U.S. economy during an appearance on Bloomberg Businessweek Daily. He criticized the significant spending bill passed at the end of Trump's first term, labeling it a mistake, while also speculating on potential candidates for the next Fed Chair.

Stocks rose significantly following the Federal Reserve's decision to cut interest rates, leading to a decline in both yields and the U.S. dollar. This positive market reaction reflects investor optimism regarding the Fed's monetary policy adjustments aimed at stimulating economic growth.

The US dollar has experienced a significant decline following comments from Federal Reserve Chair Jerome Powell and the central bank's decision to cut interest rates. This development has led to a negative sentiment in the markets, as investors react to the implications of the Fed's monetary policy adjustments.

Investors are anticipating relief in money markets as the Federal Reserve resumes its purchases of Treasury bills (T-bills), a move aimed at injecting liquidity into the financial system. This decision comes amid a backdrop of fluctuating economic indicators and market expectations regarding interest rate adjustments.