Tag: Kevin Hassett
Trump Adviser Hassett Says There’s “Plenty of Room” for Major Rate...
White House economic adviser Kevin Hassett said on Tuesday that there is still “plenty of room” for additional interest rate cuts. However, he also...
Trump Says New Fed Chair Must Cut Rates Immediately as Crypto...
U.S. President Donald Trump has once again emphasized that the next Federal Reserve chair must move quickly to cut interest rates. His comments come...
Dollar Stays Weak as Rate-Cut Hopes Build; Euro Hits 7-Week High
The U.S. dollar weakened on Thursday after softer economic data strengthened expectations for a Federal Reserve rate cut next week. The decline offered relief...
Gold Holds Steady Ahead of Key US Data and Crucial Fed...
Gold prices remained mostly steady during Asian trading on Wednesday. Investors paused activity as they waited for key U.S. economic data and next week’s...
Why BofA Warns of a Tough December for the U.S. Dollar
Analysts at BofA Securities say the U.S. dollar could face further weakness in 2026. They note that several market-moving events in the final weeks...
Trump Teases Early-2026 Reveal of New Fed Chair
President Donald Trump said on Tuesday that he will announce his pick to replace Jerome Powell as Federal Reserve Chair early next year. His...
Wall Street Climbs as CME Trading Resumes After Major Outage
U.S. stock markets opened higher on Friday after an outage on CME Group’s trading platforms halted futures activity for several hours.
By 09:32 ET (14:32...
Gold Extends Winning Streak as Rate-Cut Hopes Fuel Rally
Spot gold prices moved higher on Friday and were set to record a fourth consecutive month of gains in November. The rise reflects growing...
Bitcoin Rebounds Above $91K as Fed Rate-Cut Hopes Surge
Bitcoin moved higher on Thursday, climbing back above the $90,000 level as stronger expectations of a U.S. Federal Reserve rate cut boosted investor demand....
Gold Pulls Back After Explosive Rally on Rate-Cut Hopes
Gold prices slipped slightly in Asian trading on Thursday, easing after a strong run earlier in the week. The market remained supported by growing...
