
Calls for stronger regulations to phase out lead in paints grow louder
There is a need to have stronger regulations and collaborative efforts to phase out lead in paints in Africa and the world.

There is a need to have stronger regulations and collaborative efforts to phase out lead in paints in Africa and the world.

AgenciesThe U.S. dollar regained some ground on Wednesday after a sharp selloff, with President Donald Trump brushing aside its recent weakness, while robust earnings helped keep g...

Australia is rich in resources but poor in outcomes because our biggest industries are owned by the U.S. read now...

Federal Reserve rate decision: No change to Fed funds, as expectedPowell: The economy is coming into 2026 on a firm footingECB's Schnabel says rates expected to remain at current levels for an extended periodBank of Canada rate decision: No change to the overnight rate, as expectedBOC's Macklem: There's a clear consensus that it's tough to predict direction of next moveUS oil inventories post a surprise drawdownUS dollar climbs after Bessent reiterates strong dollar policy, says not interveningTether now holds 140 tons of gold worth $24 billion in a Swiss nuclear bunkerMarkets:Gold hits record $5338, up 2.5% on the dayWTI crude oil up 94-cents to $63.33US 10-year yields up 2.6 bps to 4.25%S&P 500 flatCAD leads, CHF lagsYou get the sense the market is starting to tune Powell out as his term winds down. The 'no change' decision wasn't a surprise and nothing in the statement made waves but in the press conference he was upbeat on the economy and that did little to sway markets or Fed funds futures pricing. That's likely on account of his term ending in May, with the June decision continuing to show 19 bps of easing.The Bank of Canada meeting was arguably even less surprising. The BOC forecasts were little changed and Macklem indicated they were going to be gathering plenty of data before moving on rates again. In turn, USD/CAD wraps up the day basically flat.Joining the refrain was Schnabel who said the ECB was likely going to be holding for an extended period.The biggest market mover was the set of comments from Bessent, who went back to the 'strong dollar' refrain despite comments yesterday from Trump that seemed to endorse a weaker dollar. That led to a quick move higher in USD/JPY to 153.75 from 152.80 and it was a sideways chop from there.Precious metals were on the move again led by gold with the help of an interesting report saying that tether has been accumulating huge gold reserves to rival many global central banks.After the close today we get earnings from Meta, Microsoft and Tesla. This article was written by Adam Button at investinglive.com.

Bitcoin hovered near $89,000 on Wednesday as the Federal Reserve opted to hold interest rates steady, pausing its rate-cutting cycle and striking a notably calmer tone on inflation and the labor market. The bitcoin price traded above $90,000 earlier in the session before slipping to around $89,500 as Federal Reserve Chair Jerome Powell spoke at [...]

The post Federal Reserve Issues FOMC Statement for Jan 2026: Why Is BTC Price Down? appeared first on Coinpedia Fintech NewsThe Federal Reserve issued its first FOMC statement for 2026 today, January 28. The Fed’s announcement aligned with predictions made on Polymarket and Kalshi, thus adding bearish pressure on Bitcoin (BTC) amid a bullish bonanza in the precious metals industry. Federal Reserve Ends Rate-Cut Streaks After initiating three rate cuts in 2025, the Fed has ...

BitcoinWorldDollar Recovers as Treasury’s Bessent Delivers Crucial Reassurance, Rules Out Currency Intervention While Fed Holds SteadyWASHINGTON, D.C., March 15, 2025 – The U.S. dollar staged a significant recovery in global forex markets today following a crucial statement from Treasury Undersecretary for International Affairs, Julian Bessent. Bessent explicitly ruled out any immediate plans for direct currency intervention, providing markets with much-needed clarity. This reassurance coincided with the Federal Reserve’s decision to [...]This post Dollar Recovers as Treasury’s Bessent Delivers Crucial Reassurance, Rules Out Currency Intervention While Fed Holds Steady first appeared on BitcoinWorld.

At its January meeting, the Federal Reserve kept the Fed Funds Target Range (FFTR) unchanged at 3.50%–3.75%, a decision that was fully in line with market expectations.

The crypto market is moving into the latter half of January with clear tension and opportunity. Recent XRP price movement highlights this pressure clearly. Over the past week, XRP moved between roughly $1.88 and $2.03, ending close to $1.99. Buyers

The White House is set to bring together senior figures from the banking and crypto industries on Monday in an effort to break the deadlock over the crypto market structure bill, namely the CLARITY Act, according to a Reuters report. The planned meeting comes as progress on the bill has stalled amid growing tensions between the two sectors over how digital assets should be regulated. White House Crypto Council To Lead Talks People familiar with the matter said the meeting will be organized by the White House’s crypto council and will include executives from several industry trade groups. Related Reading: Bitcoin Price Braces For FOMC Volatility As History Shows Major Post‐Fed Sell‐Offs Discussions are expected to focus on one of the most contentious aspects of the legislation: whether and how crypto firms should be allowed to offer interest or other rewards on customer holdings of stablecoins. The anticipated market structure legislation has been under consideration in the Senate for several months. It is intended to establish a comprehensive federal framework for regulating digital assets following the passage of the GENIUS Act last July. Stablecoin Rewards Clash With Bank Stability Fears The House of Representatives passed its version of the bill in July, but progress in the Senate has been slower. Earlier this month, the Senate Banking Committee was scheduled to debate and vote on the measure. However, the markup was postponed after cryptocurrency exchange Coinbase (COIN) withdrew its support for the bill and criticized various elements of it, including stablecoin rewards. Crypto representatives argue that offering rewards such as interest is essential to attracting and retaining customers. Related Reading: Crypto Funds Funneled To Money Launderers Hit $82 Billion, According To Chainalysis Banks, on the other hand, have raised alarms that allowing crypto platforms to pay yield on stablecoins could draw deposits away from insured lenders. Since deposits are the primary source of funding for most banks, industry representatives warn that a significant outflow could pose risks to financial stability. Featured image from OpenArt, chart from TradingView.com