🚨🚨🚨 According to the latest reports, U.S. Vice President JD Vance confirmed during a press conference in Islamabad, Pakistan, on the morning of Sunday, April 12, 2026, that no agreement has yet been reached in the negotiations between the United States and Iran.
The key points of the situation are as follows:
Venue of Negotiations: The talks took place at a private hotel in Islamabad, mediated by Pakistan, where JD Vance met with Iranian officials.
Reason for Failure: According to Vance, Iran refused to accept the U.S. conditions, which included the renunciation of nuclear weapons.
Statement by Vance: Addressing journalists, he stated, "The bad news is that we could not reach an agreement," and noted that the U.S. delegation is now departing.
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🚨 Rate Cut is coming? • Today at1:00 PM ET speech, Fed Chair Jerome Powell, Opening Remarks, At the Federal Reserve Board’s International Finance Division 75th Anniversary Conference, Washington, D.C.
Fed Chair Powell has closed door meeting at the White House on interest rate cuts. Federal Reserve Bank Chair Jerome Powell stayed the course after being summoned to an economic woodshed at the White House by President Trump, who has been vocal about demands that the Fed ax interest rates.
The May 29 faceoff was Powell's first visit to the White House during Trump's second tour. In a statement, Powell's office said the meeting's agenda was to "to discuss economic developments, including for growth, employment, and inflation."
Fed minutes: Uncertainty ‘elevated’ as risks of higher inflation and unemployment rise. May 28, 2025 - 11:12 PM
WASHINGTON (AP) — Federal Reserve officials agreed earlier this month to hold off on any interest-rate moves while they evaluated the impact of President Donald Trump’s tariffs on inflation, unemployment, and the broader economy.
According to minutes from their May 6-7 meeting, released Wednesday, “almost all” of the 19 officials that participate in the Fed’s meetings on policy saw a risk that “inflation could prove to be more persistent than expected.” The policymakers showed greater concerns about higher inflation than rising unemployment, the minutes showed, a key reason they left rates unchanged.
Their decision flew in the face of Trump’s repeated calls to reduce borrowing costs because, in his view, there is “NO INFLATION.” The central bank cut its key rate three times last year to about 4.3%. Federal Reserve staff economists said during the meeting that inflation “remained elevated,” the minutes showed.
Trump’s tariffs have created a dilemma for the Fed because the duties could both raise inflation — which the Fed would typically fight with higher interest rates — and slow the economy and push up unemployment, which the central bank usually tries to counter with lower rates.
Officials “judged that downside risks to employment and … upside risks to inflation had risen, primarily reflecting the potential effects of tariff increases,” the minutes said.
Since the meeting, many officials have underscored that the Fed may have to wait for some time before making any further moves with interest rates.
Policymakers said there was “considerable uncertainty surrounding the evolution of trade policy” and its impacts on the economy, the minutes said.
“Taken together, (officials) saw the uncertainty about their economic outlooks as unusually elevated,” the minutes said
Fed Chair Powell praises integrity and public service amid unrelenting Trump attacks
Washington CNN — Being an honest public servant will always be a rewarding choice, Federal Reserve Chair Jerome Powell said Sunday in a speech at a pre-graduation ceremony at Princeton University amid months of unrelenting personal attacks from President Donald Trump.
Jerome Powell has hinted at a potential interest rate cut, citing shifts in inflation and economic conditions since 2020. This announcement has sent shockwaves through financial markets, with investors closely watching for further developments. What This Means for Markets 📉 Stock Market Reaction: Investors are adjusting their portfolios in anticipation of lower borrowing costs. 💰 Crypto & Commodities: Bitcoin and gold prices may see increased volatility as traders react to potential monetary policy shifts. 🏦 Banking & Loans: A rate cut could lead to lower mortgage and loan rates, impacting consumer spending.
🚨 BREAKING: 🇺🇸 Federal Reserve leaves interest rates unchanged, remains at 4.25% - 4.50%. Powell: if large increases in tariffs as announced are sustained, will see higher inflation, lower employment
#FOMCMeeting 🚨 As the highly anticipated FOMC meeting is scheduled for tomorrow, #all eyes are on Fed Chair Jerome Powell. Markets are abuzz with speculation—will this be the moment the Federal Reserve finally cuts interest rates? A rate cut could signal the start of the second phase of the ongoing bull market, igniting fresh momentum in equities, crypto, and risk assets. Inflation has cooled, job data is stable, and investor sentiment is cautiously optimistic. However, Powell has remained hawkish in recent remarks. Will he surprise the markets? Stay tuned—tomorrow’s decision could set the tone for the rest of 2025.
🇺🇸 NOW: President Trump was asked about Jerome Powell and responded with "I have no intention of firing him. I would like to see him be a little more active in terms of his idea to lower interest rates."