Elon Musk took aim at the Federal Reserve on social media early Monday morning, calling it “absurdly overstaffed.” Musk, a close ally of President-Elect Donald Trump, is set to lead a new initiative dubbed the Department of Government Efficiency alongside Vivek Ramaswamy,

Elon Musk, o bilionário encarregado de tornar o governo dos EUA mais eficiente a partir de janeiro, concentrou-se no Federal Reserve.

Elon Musk’s political influence sparks debate in the U.S., with Democrats criticizing his role in the budget process.

Economic pain worldwide will trigger capital flight to U.S. Treasurys, driving down those yields, investment manager Louis Navellier says. The Fed will follow.

The Federal Reserve cut interest rates by 0.25% on December 18, but an interest rate cut is unlikely when the Fed issues its next policy decision on January 29.

The Federal Reserve’s third interest rate cut of the year will likely have consequences for debt, savings, auto loans, mortgages and other forms of borrowing by consumers and businesses