Federal Reserve Lowers Interest Rates for Third Time in 2023

Federal Reserve Lowers Interest Rates for Third Time in 2023

The Federal Reserve announced its third rate cut this year, lowering the target range for the federal funds rate to 3.5%-3.75%, the lowest level since 2022. This move aims to address economic slowdown and trade frictions, stimulating economic growth. The future policy direction remains uncertain, and the Federal Reserve will closely monitor economic data and flexibly adjust monetary policy.

Amazon Sellers Face New EPR Reserve Rules in France Spain

Amazon Sellers Face New EPR Reserve Rules in France Spain

New Amazon EPR regulations for France and Spain will take effect in November 2025, introducing an account-level reserve mechanism to cover environmental fees. Sellers should pay close attention to the initial and subsequent monthly reserve rules, accurately estimate funding requirements, optimize product categorization, and set up account reminders to ensure compliant operations. This proactive approach helps avoid unnecessary fines and potential store risks associated with non-compliance. Understanding and adapting to these changes are crucial for continued success on Amazon's European marketplaces.

Trump Considers Warsh Hassett for Fed Chair Amid Rate Cut Push

Trump Considers Warsh Hassett for Fed Chair Amid Rate Cut Push

The Wall Street Journal reports that Trump favors nominating Warsh or Hassett as Federal Reserve Chairman and hopes the new chairman will cooperate with interest rate cuts. Trump is breaking with tradition by demanding involvement in interest rate decisions, aiming to lower rates to 1% or lower. He is dissatisfied with current Chairman Powell and is considering other potential candidates. Market reactions suggest Hassett's chances are decreasing, while Warsh's support is increasing. The choice of Federal Reserve Chairman and the direction of monetary policy will have a profound impact on the global economy.