China Extends Gold Buying Streak as Reserves Surge Despite Volatile Prices 
Bank of Canada Holds Interest Rate at 2.25% Amid Trade and Global Uncertainty 
BTC Flat at $89,300 Despite $1.02B ETF Exodus — Buy the Dip Toward $107K? 
BOJ Policymakers Warn Weak Yen Could Fuel Inflation Risks and Delay Rate Action 
JPMorgan Lifts Gold Price Forecast to $6,300 by End-2026 on Strong Central Bank and Investor Demand 
Elon Musk’s Empire: SpaceX, Tesla, and xAI Merger Talks Spark Investor Debate 
MAS Holds Monetary Policy Steady as Strong Growth Raises Inflation Risks 
China Holds Loan Prime Rates Steady in January as Market Expectations Align 
Fed Confirms Rate Meeting Schedule Despite Severe Winter Storm in Washington D.C. 
Monetary Policy Stance.
On February 11, 2025, Federal Reserve Chair Jerome Powell presented his semi-annual monetary policy report to Congress, beginning with the Senate Banking Committee. Powell testified that the Fed isn't hastening to change interest rates. He remarked that the current monetary policy is "quite a bit less restrictive than its previous state," and with the economy being relatively strong, there are no immediate changes required. Powell reiterated the Fed's commitment to achieving maximum employment and stable prices.
Economic Expansion and Inflation Insights.
Powell expressed confidence in the economy's growth, citing several signs that it is still growing strongly. The GDP was up by 2.5% in 2024 due to robust consumer spending, as he pointed out. On inflation front, he said inflation is now hovering around the Fed's long-term target of 2% while still being somewhat above that target. Powell said the Fed is still watching closely for signs of inflation and economic instability.
Emphasize the importance of regulation and the federal government's autonomy.
Testifying, Powell anticipated uncertainties about banking regulations following the departure of Vice Chair for Supervision Michael Barr. During his statement, A controversial set of banking regulations is being revised by the Fed, which lawmakers are expected to address. Why? Furthermore, Powell is anticipated to stress the significance of ensuring that the Federal Reserve remains free from political intervention during his testimony before the House Financial Services Committee on February 12, 2025.
