Republican Senator Thom Tillis’ stance represents a significant roadblock for Trump as he seeks to install a Fed chair more amenable to his demands for lower interest rates. https://t.co/p1tLJH5Gfb ...

Core Insights - The article discusses the current state of money market accounts (MMAs) and highlights the importance of earning competitive rates on savings as interest rates decline following recent Federal Reserve rate cuts [1][5]. Group 1: Current MMA Rates - The national average interest rate for money market accounts is 0.56%, but top rates can exceed 4% APY, comparable to high-yield savings accounts [3][9]. - Some banks are offering MMA rates above 4%, although rates above 4.5% are rare [9][10]. Group 2: Federal Reserve Rate Cuts - The Federal Reserve maintained a target range for the federal funds rate of 5.25%–5.50% from July 2023 to September 2024, but has since implemented three rate cuts, bringing the current rate to 3.50%–3.75% [4][5]. - The decline in deposit account rates suggests that savers may have limited time to take advantage of higher MMA rates [5]. Group 3: Considerations for MMA - Money market accounts provide liquidity and easy access to funds, making them suitable for those with short-term savings goals or emergency funds [8]. - They are appealing to conservative savers due to FDIC insurance, which protects principal, but may not be ideal for long-term savings goals that require higher returns [8].

📰 #AscendEX Daily Updates🔷Trump praises the non-farm payrolls report and reiterates his call for the Fed to slash interest rates to the "lowest in the world."🔷Bank Negara Malaysia announces the launch of a regulatory sandbox for stablecoins and asset tokenization trials.🔷Hong Kong optimizes virtual asset supervision, incorporating Bitcoin and Ethereum as eligible collateral for securities margin financing.#AscendEX #Crypto #CryptoNews ...

⚡ NOW: Polymarket users predict a 92% chance the Fed keeps rates unchanged at the March 18 meeting, with only 8% odds of a 25 bps cut. https://t.co/H0ugVpatu2 ...

India will publish inflation figures based on a new index, which analysts say may show elevated price pressures in the economy, giving the central bank reason to keep interest rates on hold https://t.co/XdU01Y9eUs ...

Gold slipped after robust US jobs data reduced expectations that the Federal Reserve will move quickly to cut interest rates https://t.co/d72oh5Gvci ...

Core Insights - Bitcoin's correlation with stocks is diverging, with Bitcoin declining while US equities are rallying after a strong jobs report, indicating that investor confidence in digital assets remains low [1] - Bitcoin fell as much as 3.3% to $66,354, while Ether dropped 3.8% to an intraday low of $1,931 [1] - Bitcoin recorded its third consecutive daily bearish candle, with only slightly more than half of the 20% rebound from Friday's lows remaining [2] Market Analysis - The recent low of $60,000 for Bitcoin, created on high volumes, is suspected to be a capitulation type low, but a clear catalyst for a sustained rebound is still lacking [3] - The January jobs data suggests that the Federal Reserve may keep interest rates on hold, with traders pushing the timeline for the next rate cut to July, which historically has been seen as a positive catalyst for Bitcoin [4] - The decline in Bitcoin's price to $60,000 without corresponding volume spikes indicates thin order books and a lack of buyer conviction, creating vulnerability to further downside on modest selling pressure [5]

>> LIVE FROM WASHINGTON, D. C. , THIS IS BALANCE OF POWER WITH JOE MATHIEU AND KAILEY LEINZ.>> A MILLION JOBS DISAPPEAR. WELCOME TO THE WEDNESDAY ADDITION AS TODAY'S PAYROLL NUMBER BEAT ESTIMATES BUT REVISIONS SHOW A SEVEN-FIGURE LOSS FROM 2025. I AM JOE MATHIEU ALONGSIDE KAILEY LEINZ IN WASHINGTON.THE PRESIDENT SAYS THE GOLDEN AGE OF AMERICA IS UPON US. KAILEY: THE PRESIDENT SAYS WE SHOULD HAVE THE LOWEST INTEREST RATES IN THE COUNTRY OR IN THE WORLD. THE QUESTION IS WHETHER OR NOT THIS DATA ACTUALLY SUPPO ...

Inflation Trends - The Consumer Price Index (CPI) is expected to rise by 2.5% year-over-year in January, down from a 2.7% increase in December, marking the lowest level since May [2] - Core inflation, excluding food and energy prices, is forecasted to decrease to a 2.5% annual increase from 2.6% in December, reaching a new low since 2021 [3] Economic Implications - A continued decline in inflation could benefit household budgets and stimulate consumer spending, thereby boosting the economy [4] - If the CPI report aligns with expectations, it may support the view that the impact of tariffs on inflation will diminish as companies complete their price adjustments related to tariffs [4] Federal Reserve's Position - The Federal Reserve is closely monitoring inflation data, particularly core inflation, as it is viewed as a more reliable indicator of price trends [6] - Financial markets anticipate that the Fed will maintain a "wait-and-see" approach until at least July, with expectations subject to change based on CPI outcomes [7] Future Outlook - Some analysts suggest that the January drop in inflation may be the last positive news for a while, as tax cuts from the "One Big, Beautiful Bill Act" will soon take effect, injecting more money into the economy alongside the stimulus from previous rate cuts [8] - Despite tariffs still contributing to price increases, certain costs, such as housing, are not rising as rapidly as in previous years, indicating a potential easing of inflationary pressures [9]

The Fed is going to be forced to cut rates aggressively.Assets are going higher.Prepare yourself. https://t.co/R1YlXibtPJ ...