Con Bolsonaro en prisión, Brasil "dio una lección de democracia al mundo", dice Lula

The post Franklin Templeton CEO Dismisses 50bps Rate Cut Ahead FOMC appeared on BitcoinEthereumNews.com. Franklin Templeton CEO Jenny Johnson has weighed in on whether the Federal Reserve should make a 25 basis points (bps) Fed rate cut or 50 bps cut. This comes ahead of the Fed decision today at today’s FOMC meeting, with the market pricing in a 25 bps cut. Bitcoin and the broader crypto market are currently trading flat ahead of the rate cut decision. Franklin Templeton CEO Weighs In On Potential FOMC Decision In a CNBC interview, Jenny Johnson said that she expects the Fed to make a 25 bps cut today instead of a 50 bps cut. She acknowledged the jobs data, which suggested that the labor market is weakening. However, she noted that this data is backward-looking, indicating that it doesn’t show the current state of the economy. She alluded to the wage growth, which she remarked is an indication of a robust labor market. She added that retail sales are up and that consumers are still spending, despite inflation being sticky at 3%, which makes a case for why the FOMC should opt against a 50-basis-point Fed rate cut. In line with this, the Franklin Templeton CEO said that she would go with a 25 bps rate cut if she were Jerome Powell. She remarked that the Fed still has the October and December FOMC meetings to make further cuts if the incoming data warrants it. Johnson also asserted that the data show a robust economy. However, she noted that there can’t be an argument for no Fed rate cut since Powell already signaled at Jackson Hole that they were likely to lower interest rates at this meeting due to concerns over a weakening labor market. Notably, her comment comes as experts argue for both sides on why the Fed should make a 25 bps cut or…

TLDRs; Berkshire stock rises on record cash and upcoming CEO transition to Greg Abel. Q3 earnings show 34% operating income growth, fueled by insurance and energy profits. $381B cash pile signals Buffett’s caution amid high market valuations and limited opportunities. Portfolio shifts in tech, housing, and strategic investments reflect selective, valuation-driven approach. Berkshire Hathaway (BRK.B) [...] The post Berkshire Hathaway (BRK.B) Stock; Soars Amid Record Cash and CEO Transition Speculation appeared first on CoinCentral.

While SHIB and PEPE continue to dominate headlines, many early holders are now hunting for the next breakout. Layer Brett […] The post Shiba Inu Price Prediction: PEPE Holders Looking For The Next 100x Crypto Set Their Sights On Layer Brett Presale appeared first on Coindoo.