We are following breaking news right now. The US seizing an oil tanker off the coast of Venezuela in a major escalation with that country. President Trump saying more action is coming.The video just released. Coast Guard members repelling down from a chopper. Guns drawn, overtaking the massive ship.The US now targeting the country's largest revenue source after months of deadly strikes on alleged drug boats. What we're learning about the operation and what could happen next. State of emergency catastrophic ...

Gold held gains after the US Federal Reserve delivered an expected third consecutive interest-rate cut on Wednesday https://t.co/BFXEPDCqaC ...

Federal Reserve Chair Jerome Powell downplayed dissenting votes against Wednesday’s decision to cut interest rates again, but a slew of finer details from the meeting revealed just how divided the central bank has become https://t.co/PXnxoeVLEm ...

Core Viewpoint - The Federal Reserve has reduced its target rate by 175 basis points over the past year, currently standing at 3.5% to 3.75% [1] Group 1: Federal Reserve Actions - In the latest meeting, there were three dissenting votes regarding the rate cut, with one member advocating for a half-point cut and another opposing any cut [2] - Following the Fed's decision, stock markets surged, with the Dow increasing by nearly 500 points and the S&P 500 approaching a new high, while bond yields, including the 10-year yield, fell by 3.5 basis points [2] Group 2: Economic Projections - The Fed's economic projections for the next year have been adjusted to a modest 2.3%, declining to 1.8% in subsequent years, while inflation is expected to gradually approach 2% [4] - Current GDP growth estimates are considered inadequate, with a suggested potential growth rate of 3% to 4% instead of the projected 1.8% [4] Group 3: Impact of AI and Energy Prices - Combining productivity growth of 2.1% and labor force growth of 1.3% suggests a real GDP growth of 3.4%, with the potential for AI advancements to further enhance these figures [5] - The drop in oil prices from $80 to $60 this year (a 25% decrease) has not yet significantly impacted the Consumer Price Index (CPI), but it is anticipated to contribute to lower inflation, which could support higher real GDP growth [6]

[music] Hello and welcome to Asking for a Trend. I'm Josh Lipton. A big day in finance.The Fed makes its rate cut decision. [music] Plus, investors digest a slew of big tech earnings. There's a lot to keep track of, so we're focusing on what you need to know [music] to get ahead of the curve.The Federal Reserve delivering a rate cut in markets like the commentary from Fed Chair Jerome Pal. The S&P 500 [music] closing near all-time highs. We've got the takeaways from the trading day.Plus, a closer look at th ...

Core Viewpoint - President Donald Trump criticized the Federal Reserve for its recent interest rate cut, suggesting it could have been more substantial, while expressing dissatisfaction with Fed Chair Jerome Powell's leadership style [1][4]. Group 1: Federal Reserve Actions - The Federal Open Market Committee voted 9-3 to lower interest rates by a quarter-point to a range of 3.5% to 3.75%, down from the previous range of 3.75% to 4% [2]. - For the first time since September 2019, three Fed officials dissented on the decision, with one advocating for a half-point cut and two preferring to maintain the current rates [2]. - The Fed's "dot plot" indicates expectations for only one additional quarter-point cut in 2026 and another in 2027, targeting a funds rate of 3% to 3.25% [3]. Group 2: Market Expectations - Betting markets and Wall Street anticipated a third consecutive interest rate cut but now foresee a more cautious approach from the Fed in 2026 [1]. - The Fed's statement included language about considering the "extent and timing of additional adjustments" to interest rates, reminiscent of its communication from December 2024 [3].

The central bank’s move was widely expected, with the Federal Reserve announcing the third rate cut for 2025.Read more: https://t.co/0sNmB53XRJ ...

Royal Caribbean Cruises Ltd (NYSE:RCL) shares are rallying on Wednesday afternoon. The surge follows a bullish combination of internal capital return announcements and a supportive monetary policy shift from the Federal Reserve.Here’s what investors need to know.Royal Caribbean stock is charging ahead with explosive momentum. What’s fueling RCL momentum?What To Know: The cruise operator announced a quarterly dividend of $1 per share and authorized a new $2 billion share repurchase program. This follows the ...

President Donald Trump said the Fed should have slashed interest rates by twice as much after the central bank delivered a third consecutive cut, keeping up his pressure campaign on Chair Jerome Powell https://t.co/GkpQ2SVGbl ...

Core Insights - The US Federal Reserve has indicated a pause in interest rate cuts, with only one rate cut expected in 2026, amidst pressures from high inflation and a weak job market [1][3][6] - The Fed's key interest rate has been reduced to approximately 3.6%, a near three-year low, despite dissenting votes advocating for no changes [2][6] - Economic growth in the US is anticipated to improve, with a projected jobless rate decline and inflation expected to decrease to 2.4% by the end of next year [3][4] Federal Reserve's Position - The Fed is cautious about future rate cuts due to the potential impact of trade tariffs on inflation and the overall economy [4][6] - Fed Chair Jay Powell noted that the current policy rate is within a neutral range, allowing the Fed to monitor economic developments before making further changes [6][12] Political Influence and Market Reactions - There is concern regarding the potential political influence on the Fed, especially with President Trump's efforts to appoint supporters of rapid interest rate reductions [7][9] - The upcoming succession of Fed Chair Powell has led to market uncertainty, with fears that a new chair could undermine the Fed's current guidance [9][12] - Market reactions have shown little movement in the dollar and US bond yields following the Fed's decisions, indicating a cautious outlook among investors [10][13]