Fed’s Waller Highlights Decline in Crypto Euphoria Amid Market Volatility
Federal Reserve Governor Christopher Waller noted that the post-Trump surge in cryptocurrency enthusiasm is diminishing due to a sell-off, regulatory uncertainty, and institutional risk reduction. These factors are contributing to significant volatility in crypto markets.
ECB President Lagarde Calls for Structural Reforms Beyond Price Stability to Strengthen Europe
ECB President Christine Lagarde urged EU politicians to implement structural reforms such as a savings and investment union, a digital euro, and deeper market integration. She emphasized that maintaining price stability alone is insufficient for Europe's strength without broader policy measures.
Fed's Bostic Highlights Choppy Jobs Data as Reason for Caution
Federal Reserve official Raphael Bostic noted that inconsistent jobs data supports a cautious approach to monetary policy. This suggests the Fed may hold off on aggressive rate changes amid uncertain labor market signals.
Fed's Miran Supports Using Balance Sheet During Crises
Federal Reserve official Miran stated that utilizing the Fed's balance sheet in times of economic trouble is a sensible approach to stabilize the economy. This reflects ongoing discussions about unconventional monetary policy tools during financial distress.
Fed’s Miran States Tariff Burden Will Primarily Affect Exporters
Federal Reserve’s Miran highlighted that the main impact of tariffs will continue to fall on exporters, potentially influencing trade dynamics and economic conditions. This insight underscores challenges faced by exporters amid ongoing tariff policies.
Fed's Miran Highlights Economic Impact of AI Despite Measurement Challenges
Federal Reserve official Miran acknowledged that artificial intelligence is influencing the economy, though its effects are difficult to quantify. This recognition points to evolving factors affecting economic dynamics and policy considerations.
Fed's Miran Highlights Growing Acceptance of Tariffs' Benign Impact
Federal Reserve's Miran comments that global perspectives are shifting towards viewing tariffs as less harmful than previously believed. This change in sentiment may influence economic policies and market expectations.
Pound to Euro Price News, Forecast: GBP Slides Amid Starmer Uncertainty
The Pound to Euro (GBP/EUR) exchange rate retreated at the start of the week as renewed UK political turbulence weighed on Sterling sentiment. Latest — Exchange Rates:Pound to Euro (GBP/EUR): 1.14934 (-0.13%)Pound to Dollar (GBP/USD): 1.36892 (+0.58%)Euro to Dollar (EUR/USD): 1.19105 (+0.71%) DAILY RECAP: The Pound (GBP) came under.
Fed's Miran Highlights Tariff Revenue Boosting Government Finances
Federal Reserve's Miran stated that tariff revenue is playing a significant role in strengthening government finances. This development may impact fiscal policy and economic conditions moving forward.
BOE's Mann Sees Little Trade Diversion from China to UK
Bank of England's Mann states there is minimal shift in trade from China to the UK, indicating stable trade relations without significant redirection. This suggests limited impact on trade flows between the two economies.