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4:01 PM · 2 May 2023

BREAKING: Democrats call on the Fed to halt the rate hike cycle!

As reported by CNBC, a group led by several high-profile Democratic Party officials is calling on the Federal Reserve to halt interest rate hikes so as not to risk causing too much damage to the economy.

As reported by media sources, 10 senators and representatives, led by Sen. Elizabeth Warren of Massachusetts and Reps. Pramila Jayapal of Washington and Brendan Boyle of Pennsylvania, outlined their concerns about the Fed's monetary policy strategy and its "potential to collapse the US labour market" in a letter to Fed Chairman Jerome Powell on Monday. According to the money market, tomorrow's interest rate decision will bring a 25 basis point hike and end the current US cycle.

Recall that today's JOLTS data indicated, another large decline in new jobs in the US.

6 February 2026, 7:36 AM

Economic calendar: Canadian labor market and Michigan Index (06.02.2026)

5 February 2026, 1:46 PM

🔵 ECB Press Conference (LIVE)

5 February 2026, 1:18 PM

BREAKING: ECB maintains rates in line with expectations!💶

5 February 2026, 12:02 PM

BREAKING: Bank of England holds rates as expected 📌 GBPUSD ticks down on dovish vote split 📉

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