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- Submitted Mar 26, 2025|From @financialjuice|33 comments

White House: Trump to hold press conference at 4 PM ET to announce auto tariffs. Top EU official expects Trump tariff of about 20% https://t.co/v9Tkg1XeCX
- Submitted Mar 26, 2025|From stlouisfed.org

Good afternoon. I would like to thank the Paducah Area Chamber of Commerce and Greater Paducah Economic Development for inviting me to speak with you today. I have been president and CEO of the Federal Reserve Bank of St. Louis for almost a year. During that time, I have welcomed the opportunity to visit and to hear from the people in the many unique communities that make up the Eighth Federal Reserve District. So, thank you for being here today. When Congress established the Federal Reserve System more than 100 years ago, it recognized that economic conditions vary across the United States. Congress intentionally gave the Fed a regional structure to ensure that Main Street perspectives are heard and considered in setting our nation’s monetary and banking policies. That structure works. I have found my visits to the different parts of the Eighth District valuable in preparing for meetings of the Federal Open Market Committee, or FOMC. In talking with business and community leaders, I have learned about economic conditions across our District, the nation and the global economy. I share insights from these conversations when I participate in FOMC meetings, and my colleagues from other Reserve banks do the same by reporting on their regions. Together, these reports help us as we seek maximum employment and price stability for the American people throughout the United States. Before addressing some questions that may be on your mind, I would like to first offer some comments on the U.S. economic outlook and monetary policy. Let me stress that these are my personal views and not necessarily those of my FOMC colleagues. I have three main observations: First, the U.S. economy is continuing to expand, but the pace of growth appears to have moderated in the first quarter, reflecting both rough winter weather and eleva Fed's Musalem: If the the labor market remains strong and second round tariff effects become apparent, fed may need to keep rates higher for longer or consider more restrictive policy. Fed's Musalem: Patience with current policy appropriate as the Fed gathers evidence inflation is returning to target.
- Submitted Mar 26, 2025|From rigzone.com

Oil market sentiment continues to improve, albeit very gradually and prone to reversals, after the lows hit during London’s IE Week in February. That’s what analysts at Standard Chartered Bank, including the company’s Commodities Research Head Paul ...
- Submitted Mar 26, 2025|From fxnewsgroup.com

Electronic trading major Interactive Brokers Group, Inc (NASDAQ:IBKR) today announced the addition of four popular cryptocurrency tokens to its trading platform: Solana (SOL), Cardano (ADA), Ripple (XRP), and Dogecoin (DOGE). These new tokens join ...
- Submitted Mar 26, 2025|From cnbc.com

For Chinese companies wary of U.S. tariffs, the big difference between President Donald Trump’s first and second terms is the emergence of generative artificial intelligence. Chinese companies are hard at work. Nearly every day in the last two ...
- Submitted Mar 26, 2025|From ubs.com

Ahead of the 2 April deadline for the US Trade Representative (USTR) to report on the justification for tariffs on the US's trade partners, and the disruptions that might ensue, the USD has enjoyed a rebound. The USD index (DXY) has climbed 1.1% ...
- Submitted Mar 26, 2025|From think.ing.com

US tariffs on copper imports could be coming within several weeks, well ahead of the 270-day deadline for a decision, according to Bloomberg. In February, US President Donald Trump signed an executive action plan directing the Commerce Department to ...
- Submitted Mar 26, 2025|From notayesmanseconomics.wordpress.com

Today is rather a set piece event for the UK economy starting with the inflation numbers and then receiving the Spring Statement from Chancellor Rachel Reeves. The relief element in the title comes from this. The Consumer Prices Index (CPI) rose by ...
- Submitted Mar 26, 2025|From youtube.com/cmegroup

Solana stands out in the crypto world with its high-speed, low-cost transactions and real-time applications. CME Group Chief Economist Erik Norland explains Solana's performance against Bitcoin and Ethereum, highlighting its volatility and unique ...
- Submitted Mar 26, 2025|From oilprice.com

Crude oil inventories in the United States saw a decrease of 3.3 million barrels during the week ending March 21, according to new data from the U.S. Energy Information Administration released on Wednesday. Crude oil prices were trading up prior to ...
- Submitted Mar 26, 2025|From @LiveSquawk|8 comments

US Pres. Trump Prepares Announcement On Auto Tariffs As Soon As Wednesday, According To People Familiar - Timing Of Trump Tariff Announcement Could Shift
- Submitted Mar 26, 2025|From cointelegraph.com

Solana price looks ready to rise in April based on a classic bullish reversal indicator and signs of renewed appetite for memecoins. As of March 26, SOL’s price had entered the breakout stage of what appears to be a falling wedge pattern. A falling ...
- Submitted Mar 26, 2025|From invezz.com

It seems as if the oil market can’t catch a break from tariffs and increasing uncertainty about global supply. The recent announcement by the US President Donald Trump to impose 25% tariffs on countries buying oil and gas from Venezuela has already ...
- Submitted Mar 26, 2025|From kitco.com

Bank of America (BofA) has raised its gold period average forecasts for this year and next, while highlighting that uncertainty arising from U.S. trade policies will continue to lend support to prices in the near-term. BofA now expects gold to trade ...
- Submitted Mar 26, 2025|From poundsterlinglive.com

The Office for Budget Responsibility has cut the UK's growth and productivity projections for this year while hiking inflation and debt projections. The developments presented the Chancellor of the Exchequer with a choice of either cutting spending ...
- Submitted Mar 26, 2025|From breakingthenews.net

Federal Reserve Bank of Minneapolis President Neel Kashkari said on Wednesday that he is a "pretty big skeptic" on cryptocurrency, arguing that "nobody has found a legitimate use case" for it, apart from as an instrument of speculation and to ...
- Submitted Mar 26, 2025|From @financialjuice

Fed's Kashkari: In the next year or two, we ought to be able to reduce interest rates further. Kashkari: This is the most dramatic shift in confidence in the last decade, save for the COVID era. A lot of the uncertainty shift is about tariffs. Fed's Kashkari: I'm uncertain about the effect of tariffs. Fed's Kashkari: There's kind of a wash between the forces on interest rates from tariffs, so we should sit where we are.
- Submitted Mar 26, 2025|From bnnbloomberg.ca

GameStop shares were back in action as the company’s move to hoard bitcoin brought retail investors back to their favourite meme stock. The video game retailer’s shares rose 11.6 per cent to US$28.35 before the bell on Wednesday after GameStop said ...
- Submitted Mar 26, 2025|From cnbc.com|8 comments

The U.S. on Tuesday added dozens of Chinese tech companies to its export blacklist in its first such effort under the Donald Trump administration, as it doubles down on curtailing Beijing’s artificial intelligence and advanced computing ...
- Submitted Mar 26, 2025|From streetinsider.com

U.S. crude oil refinery inputs averaged 15.8 million barrels per day during the week ending March 21, 2025, which was 87 thousand barrels per day more than the previous week’s average. Refineries operated at 87.0% of their operable capacity last ...