Tag: Cut

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UK interest rates cut to 4.25% by Bank of England

UK interest rates cut to 4.25% by Bank of England

Michael Race & Faisal IslamBusiness reporter & Economics editor, BBC NewsGetty ImagesInterest rates have been cut for the fourth time in the p [...]
G.O.P. Plans to Cut Medicaid Would Save Billions but Leave More Uninsured, Budget Office Says

G.O.P. Plans to Cut Medicaid Would Save Billions but Leave More Uninsured, Budget Office Says

The Congressional Budget Office reviewed the leading proposals from Republicans who are trying to cut the costs of a program that serves roughly 72 mi [...]
Johnson Rules Out an Aggressive Plan to Cut Medicaid as G.O.P. Moderates Waver

Johnson Rules Out an Aggressive Plan to Cut Medicaid as G.O.P. Moderates Waver

The Republican speaker’s decision underscored the resistance in his party to politically painful reductions to the program, and drew a backlash from t [...]
Bitcoin pushes for $98K as 2025 Fed rate cut odds flip ‘pessimistic’

Bitcoin pushes for $98K as 2025 Fed rate cut odds flip ‘pessimistic’

Key points:Bitcoin and gold trade in lockstep on low timeframes as macro volatility triggers heighten.The Federal Reserve interest rate decision and p [...]
Hegseth Orders 20 Percent Cut in Military’s Senior Ranks

Hegseth Orders 20 Percent Cut in Military’s Senior Ranks

Defense Secretary Pete Hegseth has already fired a raft of military leaders, many of them women and people of color, including the chairman of the Joi [...]
Hegseth Orders 20 Percent Cut in Four-Star Officers

Hegseth Orders 20 Percent Cut in Four-Star Officers

Defense Secretary Pete Hegseth has already fired a raft of military leaders, many of them women and people of color, including the chairman of the Joi [...]
Fed Preview: Likely Hold, But Softer Guidance Could Weigh On Dollar As Cut Bets Build – Forex Factory

Fed Preview: Likely Hold, But Softer Guidance Could Weigh On Dollar As Cut Bets Build – Forex Factory

Fed Preview: Likely Hold, But Softer Guidance Could Weigh On Dollar As Cut Bets Build  Forex Factory www.forexfactory.com [...]
Bitcoin eyes $95K retest as traders brace for Fed rate cut volatility

Bitcoin eyes $95K retest as traders brace for Fed rate cut volatility

Key points:Bitcoin attacks liquidity clustered close to spot price into the weekly close.Market commentators eye significant BTC price levels below $9 [...]
C.I.A. to Cut Over 1,000 Staff Positions, Using Attrition

C.I.A. to Cut Over 1,000 Staff Positions, Using Attrition

The agency plans, for now, to use attrition, including retirements and voluntary resignations, to reduce the size of the C.I.A. instead of more mass f [...]
Bitcoin hits new 10-week high as Trump demands rate cut on US jobs beat

Bitcoin hits new 10-week high as Trump demands rate cut on US jobs beat

Key points:The US labor market is “still holding up” as nonfarm payrolls data comes in higher than expected.Bitcoin and stocks head higher as US Presi [...]
Bitcoin hits new 10-week high as Trump demands rate cut on US jobs beat

Bitcoin hits new 10-week high as Trump demands rate cut on US jobs beat

Key points:The US labor market is “still holding up” as nonfarm payrolls data comes in higher than expected.Bitcoin and stocks head higher as US Presi [...]
US Treasury wants to cut off Huione over ties to crypto crime

US Treasury wants to cut off Huione over ties to crypto crime

The US Treasury Department wants to block the Cambodia-based Huione Group from accessing the US banking system, accusing it of helping North Korea’s s [...]
US Treasury wants to cut off Huione over ties to crypto crime

US Treasury wants to cut off Huione over ties to crypto crime

The US Treasury Department wants to block the Cambodia-based Huione Group from accessing the US banking system, accusing it of helping North Korea’s s [...]
Bitcoin price about to ‘blast’ higher as Fed rate cut odds jump to 60%

Bitcoin price about to ‘blast’ higher as Fed rate cut odds jump to 60%

Key takeaways:Bitcoin holds $95,000 as Fed rate cut odds rise to 60% for June 18 as US economy slumps.Breaking $95,000 could push BTC price toward $10 [...]
Circle taps Onafriq to cut Africa’s cross-border payment costs with USDC

Circle taps Onafriq to cut Africa’s cross-border payment costs with USDC

Stablecoin issuer Circle has partnered with Onafriq, Africa’s largest payments gateway, to reduce the high cost of cross-border payments across the co [...]
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