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MD jilani
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#USHouseMarketStructureDraft #FOMCMeeting The Federal Open Market Committee (FOMC) recently concluded its meeting on May 6-7, 2025. The committee maintained the federal funds rate at 4.25%-4.50% but indicated potential rate cuts later in the year. According to the FOMC's projections, the interest rate might decrease by 0.25 percentage points twice, bringing the rate down to 3.75%-4.00% by year-end.
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#FOMCMeeting #FOMCMeeting The Federal Open Market Committee (FOMC) recently concluded its meeting on May 6-7, 2025. The committee maintained the federal funds rate at 4.25%-4.50% but indicated potential rate cuts later in the year. According to the FOMC's projections, the interest rate might decrease by 0.25 percentage points twice, bringing the rate down to 3.75%-4.00% by year-end.
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#MarketPullback Senate Majority Leader John Thune, a South Dakota Republican, started the ball rolling to fast-track the Guiding and Establishing National Innovation for U.S. Stablecoins (GENIUS) Act, which is the Senate's version of two similar bills rolling through both chambers of Congress. The House of Representatives is expected to follow closely behind on its own voting.
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#USStablecoinBill Senate Majority Leader John Thune, a South Dakota Republican, started the ball rolling to fast-track the Guiding and Establishing National Innovation for U.S. Stablecoins (GENIUS) Act, which is the Senate's version of two similar bills rolling through both chambers of Congress. The House of Representatives is expected to follow closely behind on its own voting.
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