Federal Reser2026-08-05 14:38:40Bank of America CEO Reaffirms Three Straight Fed Cuts in Sept, Oct, DecBank of America chief executive Brian Moynihan has reaffirmed the bank's stance that the Federal Reserve will cut interest rates three times in a row, in September, October and December of this year. Speaking on the policy outlook, Moynihan said the U.S. labor market is still holding up well, although inflation has more work to do to come down — a combination, he said, that leaves the Fed room to adjust monetary policy. He also noted that consumption trends among different income groups are now converging, which he sees as a positive sign of better economic health across the country. The bank's economics team had previously expected the Fed to kick off a rate-cutting cycle in the second half of this year. Against that backdrop, market participants are keeping a close eye on employment data, inflation momentum and consumer spending to assess how quickly the Fed might move. If the central bank delivers the anticipated sequence of cuts, financing costs could fall further, potentially offering support to equities, bonds and risk assets more broadly.1950
Bitcoin2026-07-31 20:50:58Bitcoin Keeps Its July Gain as Analysts Warn August Could Stay ChoppyBitcoin managed to hold on to its monthly gain in July despite what CoinDesk described as a steady stream of negative headlines through the month. Analysts cited in the report said the wave of “forced selling” that had weighed on the market appears to have largely run its course, removing one source of pressure that had previously pushed prices lower. That said, traders were not described as turning outright bullish. Instead, the mood remained cautious heading into August, with attention centered on macro risks rather than crypto-specific catalysts alone. The report pointed to fears around additional rate hikes and the release of jobs data as the main near-term factors hanging over sentiment. In that setup, analysts said bitcoin may face a choppy trading environment in August even after preserving its July advance.2040
Bitcoin2026-07-23 13:30:15Bitcoin Falls Below $60,000 as Strong Jobs Data Triggers $1.5 Billion in LiquidationsBitcoin slipped below $60,000 after stronger US jobs data hit rate-cut expectations. Derivatives positioning, liquidation pressure, and on-chain indicators now point to a fragile market structure.580
Trump2026-07-08 15:14:12Trump Fires Labor Statistics Commissioner, Alleges Manipulation of Jobs DataPresident Trump fired Bureau of Labor Statistics Commissioner Erika McEntarfer after a weaker-than-expected July jobs report, accusing her of rigging data to make him look bad. The move has sparked concerns over politicization of economic statistics.630
