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Elite Financial Group

Kansas City Fed’s Schmid shows hesitation about widely expected September rate cut

by Elite Financial Group | Aug 21, 2025 | Financial Services

The policymaker pushed back on market pricing that points strongly to the FOMC lowering its key borrowing rate next month.Read More…

Divided Fed worried about tariffs, inflation and the labor market, minutes show

by Elite Financial Group | Aug 20, 2025 | Financial Services

Fed officials worried at their July meeting about the state of the labor market and inflation, though most agreed it was too soon to cut rates, minutes showed.Read More…

Crypto firms urge UK to form national stablecoin strategy to avoid falling behind U.S.

by Elite Financial Group | Aug 20, 2025 | Financial Services

In an open letter, several major crypto firms said the U.K. “must act now to avoid being a rule-taker rather than a rule-maker in the digital asset era.”Read More…

Bessent says interviews for ‘incredible group’ of potential Fed chairs will start after Labor Day

by Elite Financial Group | Aug 19, 2025 | Financial Services

In a CNBC interview, Bessent confirmed the race to replace current Chair Jerome Powell is between 11 candidates.Read More…

China’s EV industry is spending more on factories abroad than at home for the first time

by Elite Financial Group | Aug 18, 2025 | Financial Services

For the first time on record, the Chinese electric car supply chain last year invested more overseas than domestically, according to Rhodium Group.Read More…

‘Job hugging’ has replaced job hopping, consultants say

by Elite Financial Group | Aug 18, 2025 | Financial Services

Workers are clinging to their jobs as they sour on their prospects in the labor market.Read More…
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