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Trump policies will sway Fed’s interest rate moves

U.S. Federal Reserve Chair Jerome Powell testifies before a House Financial Services Committee hearing on “The Semiannual Monetary Policy Report to the Congress,” on Capitol Hill in Washington, D.C., U.S., Feb. 12, 2025.  Nathan Howard | Reuters What you need to know today Signs of deflation in ChinaChina’s national consumer price index fell by 0.7% in February from a year …

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Bitcoin falls as volatility continues after Trump’s bitcoin reserve plan

Jonathan Raa | Nurphoto | Getty Images Bitcoin fell on Monday as volatility in the price of the world’s largest cryptocurrency continues following an executive order signed by President Donald Trump to create a strategic bitcoin reserve for the United States. Bitcoin was trading at $81,712, down over 5% but off earlier lows, at 9:42 a.m. Singapore time, according to …

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