According to a report from Bijie.com on July 18, the US financial policy has reached a major turning point. In his latest speech, Christopher J. Waller, a member of the Federal Reserve Board, clearly supported a 25 basis point interest rate cut at the next FOMC meeting. At the same time, the Trump administration plans to sign important cryptocurrency bills including the GENIUS Act on Friday, bringing unprecedented policy opportunities to the digital asset industry.
Fresh Start Consulting launches credit repair services in New Jersey, offering to remove negative items from credit reports to help clients qualify for mortgages.
In many minds, the main barrier to lower rates is the Federal Reserve, which they think is unduly worried about inflation. The inflation outlook is key, perhaps the most important key, to interest rates.
Friday’s session was less a decisive move and more a cautious balancing act, as investors tried to read the tea leaves on inflation, monetary policy, and Trump’s next tariff gambit.
In this video, Michael J. Kramer discusses growing concerns over a second wave of inflation, citing CPI swap markets as signaling rising long-term inflation expectations.
President Donald Trump and Treasury Secretary Scott Bessent want lower interest rates so they can lower the financing costs of America’s massive debt. The net interest on the debt for fiscal year 2025 is on track to hit $1 trillion.
Luminated Luxury expands its trade-in services as collectors shift from traditional buying patterns to strategic portfolio management amid market pressures.
Luminated Luxury has expanded its trade-in service as falling prices in the pre-owned luxury watch market present new opportunities for collectors seeking to upgrade.
