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Economic Policy News 27 September 2025 - 30 October 2025

Dow Dips as Fed Fears Slam Tech Stocks – Hot Economic Data Rattles Wall Street (Sept 25, 2025)

Powell’s Hawkish U-Turn and Trump–Xi ‘Mini-Deal’ Leave S&P 500 Futures on Edge

Market Analysis S&P 500 futures hovered near their recent highs on Thursday as Wall Street digested a tug-of-war between dovish Fed policy and new uncertainties. Early Oct 30 trading showed futures almost unchanged, mirroring Wednesday’s close around 6,890.59 reuters.com. Markets had rallied into Wednesday, with the Nasdaq hitting a fresh peak and the S&P near its own record, on hopes the Fed would continue cutting rates and on positive tech news. But Fed Chair Jerome Powell’s press conference after the Oct 29 meeting cooled those hopes. At the Federal Open Market Committee (FOMC) meeting Oct 29, the Fed delivered a
Fed Cuts Rates Amid Data “Fog” – Stocks Hit Record Highs as More Easing Likely

Fed Cuts Rates Amid Data “Fog” – Stocks Hit Record Highs as More Easing Likely

Fed Cuts Rates Despite Missing Data The Federal Open Market Committee’s October 28–29 meeting concluded with a widely anticipated quarter-point rate cut, bringing the target interest rate down to roughly 3.8% ts2.tech. Economists were nearly unanimous in predicting this move reuters.com, as the Fed had telegraphed an easing bias in advance. It marks the second reduction in 2025, following an initial cut in September. The Fed is proceeding with caution, however. Officials describe an “increasingly cloudy” economic outlook apnews.com – a haze compounded by the absence of government data during the ongoing shutdown. Since October 1, key indicators like the
Fed Cuts Rates, Stocks Soar — But U.S. Mortgage Rates Refuse to Budge

Fed Cuts Rates, Stocks Soar — But U.S. Mortgage Rates Refuse to Budge

Fed’s Latest Move and Economic Context At its Oct. 28–29 meeting, the Federal Reserve cut the federal funds rate by 0.25% to a 3.75–4.00% range reuters.com, following a similar move in September. Fed officials, facing a softening job market and still-elevated inflation (~3% y/y), emphasized the need to tread carefully. Governor Christopher Waller and Boston Fed chief Susan Collins publicly backed further rate cuts, noting inflation risks have eased and unemployment is the bigger concern floridarealtors.org floridarealtors.org. In contrast, some Fed members (and JP Morgan economist Michael Feroli) want caution and will likely avoid promising future cuts reuters.com reuters.com. Powell’s
Bitcoin Plunges Below $107K as Crypto Markets Reset – Experts See “Controlled” Dip

Bitcoin Rockets Back Over $110K: Fed Cut Hopes and Trade Truce Fuel ‘Uptober’ Rally – Are $150K Targets Next?

Bitcoin Price Recovers After Uptober Highs and Sell-Off Bitcoin’s price has rebounded strongly in mid-October. After dipping to the low-$100Ks last week (around $104K) due to a sudden spike in trade-war tensions reuters.com, Bitcoin climbed back above $107K–$110K over the weekend cryptonews.com ts2.tech. Over Oct.20–21, BTC gained roughly 3–4%, testing the $110K level again ts2.tech cryptonews.com. This recovery was fueled by bargain-hunting at lower prices and easing macro concerns. Analysts at CoinSwitch noted that Bitcoin “dipped below $105K before staging a relief rally as buyers stepped in”, signaling strong demand ts2.tech. Earlier in October, Bitcoin enjoyed a historic rally dubbed
Cleveland-Cliffs Stock Skyrockets on Tariff Boom & Rare-Earth Pivot – Price Surges, Key Facts & Forecasts

Cleveland-Cliffs Stock Skyrockets on Tariff Boom & Rare-Earth Pivot – Price Surges, Key Facts & Forecasts

Q3 Earnings: Tariffs Drive Rebound in Steel Sales Cleveland-Cliffs’ third-quarter 2025 results confirmed a boost in domestic steel demand thanks to protective tariffs. Revenue came in at $4.73 billion, up ~3.6% year-over-year ts2.tech, as shipments rose to 4.0 million tons of steel ts2.tech. This was just below analyst forecasts (~$4.9B) and down slightly from Q2 levels clevelandcliffs.com, but a notable improvement from the stagnant volumes of late 2024. The company still posted a net loss (about -$0.45 per share on an adjusted basis) ts2.tech, similar to a year ago, indicating that while sales are growing, profitability remains challenged. CEO Lourenco Goncalves
Regional Bank Fraud Scare Sparks Panic – Is a Fed Rate Cut on the Horizon?

Regional Bank Fraud Scare Sparks Panic – Is a Fed Rate Cut on the Horizon?

Surprise Loan Frauds at Regional Banks Shake Confidence Mid-sized banks shocked Wall Street this week with alarming disclosures of bad loans. Zions Bancorporation – a Utah-based regional lender – stunned investors by announcing a $50 million charge-off tied to two commercial loans that it says were compromised by fraud theguardian.com. In an SEC filing, Zions reported “misrepresentations and contractual defaults” by the borrowers and moved to accelerate the loans to default and sue the guarantors ts2.tech ts2.tech. Western Alliance, a Phoenix-based peer, also revealed it is dealing with a fraudulent borrower, having filed a lawsuit back in August after the client
Wall Street Whiplash: Trade War “Tariff Tantrum” and Liquidity Fears Jolt Markets

Wall Street Whiplash: Trade War “Tariff Tantrum” and Liquidity Fears Jolt Markets

Trump’s Trade War Tantrum Shakes Markets After months of climbing to record highs, markets were blindsided in mid-October by an abrupt escalation in the U.S.–China trade conflict. On October 10, former President Donald Trump unleashed a “shock tariff ultimatum” via social media, vowing to slap 100% tariffs on all remaining Chinese imports and scrapping an upcoming peace summit with China’s President Xi reuters.com reuters.com. Beijing had moved to tighten exports of critical rare-earth minerals days prior, and Trump’s furious response signaled “Trade War 2.0” was on. The aggressive rhetoric stunned investors and “rattled markets”, erasing optimism that had driven stocks
Bond Bombshell: Powell’s Dovish Tone Sends Treasury Yields Plunging – 2-Year Notes at 2022 Lows

Bond Bombshell: Powell’s Dovish Tone Sends Treasury Yields Plunging – 2-Year Notes at 2022 Lows

Fed’s Dovish Signal Drives Rally After Fed Chair Jerome Powell’s Oct 14 speech to business economists in Philadelphia, U.S. bond markets surged. Powell confirmed the Fed’s intent to proceed “meeting-by-meeting” with policy cuts and suggested the central bank may halt its $40 billion/month balance-sheet runoff soon reuters.com swissinfo.ch. His message – a familiar but balanced tone – calmed traders. 10-year Treasury yields plunged from about 4.1% into the low 4.0% range reuters.com swissinfo.ch, while 2-year yields dropped even more on expectations of aggressive rate easing. Economists note that Powell emphasized weak hiring, not inflation, as a growing risk. He said layoffs
Powell’s High-Stakes Speech Spurs Markets – Fed Signals More Rate Cuts in 2025

Powell’s High-Stakes Speech Spurs Markets – Fed Signals More Rate Cuts in 2025

Sources: Fed Chair Powell NABE speech coverage (CNBC/WSJ/AP) apnews.com reuters.com; Reuters analysis of Fed outlook and expert quotes reuters.com reuters.com; Associated Press report on Powell’s remarks and Fed policy shift apnews.com apnews.com; Dow Jones Market summary and global market reaction fastbull.com reuters.com; TS² TechStock news digest on Fed and market trends ts2.tech ts2.tech.
Stimulus Check October 2025: Rumors Debunked – What to Know as Shutdown Continues

Stimulus Check October 2025: Rumors Debunked – What to Know as Shutdown Continues

No New Federal Stimulus – Confirmed by IRS and Congress Despite hopeful chatter online, federal authorities have made clear that there is no new stimulus check approved for October 2025. Any nationwide payment to taxpayers would require a law passed by Congress and signed by the President – and that hasn’t happened. “Congress has not passed any 2025 stimulus package,” and the IRS has flatly stated that Americans will not receive any new stimulus money this month ts2.tech. All official announcements (whether from the IRS, Treasury, or White House) consistently show no plans for a fourth stimulus round ts2.tech. Multiple
No, You Won’t Get a Surprise $2,000 Stimulus Check in Late 2025 – Experts Debunk Viral Rumors

No, You Won’t Get a Surprise $2,000 Stimulus Check in Late 2025 – Experts Debunk Viral Rumors

Viral Rumors vs. Reality In September 2025, a flurry of social-media posts claimed that American taxpayers were about to receive another round of cash payments – sometimes called a “fourth stimulus check”. Many versions of these rumors named specific amounts (commonly $1,390, $1,702 or $2,000 per person) and linked them to President Trump’s talk of tariffs or a proposed “DOGE dividend.” But none of these claims are true. News fact-checkers emphasize that “all such claims are false” hindustantimes.com. The IRS has not announced any new payments, and Congress has approved no new stimulus legislation for 2025. Multiple outlets quote IRS
27 September 2025
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