News
Editorial-quality coverage of global financial markets, policy, and macro trends.
- Macro
Goldman Sachs Revises Forecast, Predicts Fed Rate Increase in October
Goldman Sachs forecasts a Federal Reserve interest rate hike in October, adjusting its previous predictions amid a hawkish stance from the Fed.
Mercation Admin1 min - Macro
Federal Reserve Increases Rates by 25 Basis Points, First Hike Since July 2023
The Federal Reserve has raised interest rates by 25 basis points, the first hike since July 2023, setting the new range at 3.75%-4.0%.
Mercation Admin1 min - Macro
Why the US is Buying Yen
The US intervened in the currency market to support the yen, which has fallen to record lows, impacting both Japanese and US economies.
Mercation Admin2 min - Macro
Morgan Stanley Projects China's Consumer AI Market to Reach ¥294 Billion
Morgan Stanley estimates China's consumer AI market will reach ¥294 billion by 2030, driven by strong mobile internet and AI integration.
Mercation Admin3 min - Macro
Challenges Ahead for Fed Chair Warsh as Bitcoin Faces Pressure
Fed Chair Kevin Warsh faces challenges as Bitcoin declines following market pressures and legislative setbacks.
Mercation Admin2 min - Macro
Wall Street Anticipates Fed Rate Increase: Implications for Bitcoin, Bonds, and Trump
Wall Street anticipates a 25-basis-point Fed rate hike, impacting borrowing costs and investments, including Bitcoin.
Mercation Admin3 min - Macro
European Central Bank Invites Merchants for Digital Euro Pilot Program
The ECB invites eurozone merchants to join a digital euro pilot program starting in 2027, aiming for a potential launch in 2029.
Mercation Admin1 min - Macro
Contrasting Visions of AI's Future: Insights from Tech Leaders
Tech leaders share contrasting visions of AI's future, highlighting its impact on jobs and the economy amid growing concerns over automation.
Mercation Admin3 min - Macro
Fed Chair Warsh Highlights AI as a Pivotal Moment in History
Federal Reserve Chair Kevin Warsh emphasizes AI's significance in the economy, noting a $100 billion market and its potential as a new production factor.
Mercation Admin2 min - Macro
IREN's AI Revenue Surpasses Bitcoin Mining for the First Time
IREN's AI revenue has surpassed Bitcoin mining for the first time, reaching $70.5 million, despite a significant net loss.
Mercation Admin2 min - Macro
BlackRock Links Demand for Bitcoin and Gold to US Debt Concerns
BlackRock's Robert Mitchnick links rising interest in Bitcoin and gold to US debt concerns, as investors seek alternative stores of value.
Mercation Admin1 min - Macro
Surge in Global Bond Yields Challenges Bitcoin's Role as a Hedge
Global bond yields are surging, challenging Bitcoin's role as an investment hedge amid rising U.S. debt and AI-related bond issuance.
Mercation Admin1 min