SCOTUS Delays Trump Fed Case: Global Markets Hold Breath 🏛️💸
The U.S. Supreme Court delays ruling on Trump’s Fed governor firing case, sparking global economic uncertainty. Details inside. 🏛️💸
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All Eyes on Fed Chair Powell’s Final Jackson Hole Speech 🏦💬
Fed Chair Jerome Powell’s final Jackson Hole speech sparks global speculation on monetary policy, political pressures, and his legacy. 🌍🏦
U.S. Inflation Hits Lowest Annual Rise Since 2021 📉
July’s U.S. consumer inflation saw its smallest annual rise since 2021, easing to 2.9%. President Biden highlights progress in lowering costs and rising wages. 📉💬
Fed Rate Pause Urged to Avoid Currency Crisis 🌍💸
SPI Asset Management warns the Fed’s rate hikes could trigger a currency crisis, with the Japanese yen already under pressure. 🌍💸