Today's Key Economic News – June 23, 2025
1. The Federal Reserve is on alert
The Federal Reserve has indicated a possible interest rate hike if inflation persists, while the market remains on edge regarding any potential rate cuts in the coming months. The current interest rate is held steady at 4.25% – 4.50%.
2. Markets await Powell's statements
Financial markets are anticipating a speech from Federal Reserve Chairman Jerome Powell tomorrow, as investors expect reassurances regarding future monetary policy amidst concerns of stagflation.
3. Volatility in global markets
U.S. stocks experienced moderate volatility following the escalation in the Middle East, while the Fear Index (VIX) dropped to elevated levels, reflecting investor anxiety over economic and geopolitical uncertainty.
4. Cryptocurrencies amid fluctuations
Bitcoin returned to levels above $102,000 after a sharp decline in the past weeks, driven by relative stability in major financial markets.
Markets are heading towards further volatility in the coming days as anticipation builds for U.S. inflation data.
