Amid market instability, the FED acted as the central bank, implementing rate cuts while attacks damaged office spaces in Lower Manhattan. Congress also passed aid bills.

The entities involved

• FED →

  business

  • Trade deals were announced between Donald Trump and Gulf States, alongside renewed clashes between the US and Iran and inflation data guiding Fed policy.Sat 01:27
  • University of Michigan tracks consumer sentiment while the FED survey tracks American debt and wealth.Sat 01:03
• central bank →

  public institution that manages a state's currency, money supply, and interest rates

  • The Argentine government moved the official reference rate for the peso currency.Sat 16:37
  • Ueno faces financial scrutiny as senators press the central bank for details, while Fitch issues a rating warning and OTP Bank contributes capital.Fri 23:51
• Lower Manhattan →

  southernmost part of the island of Manhattan in New York City, United States

  Nothing else this week.

• Congress →

  US record label; imprint of Congress Record Corp.

  • The Democratic Party won a majority in Congress, with a Swiss resident in the United States being noted.Sat 16:40
  • Democrats gained control of both chambers of Congress while major tech companies like Amazon, Microsoft, and Meta continue to deploy AI infrastructure in the US.Sat 01:25