monetary policy

2 months ago

Powell Stands Firm as Trump Escalates Fed Pressure

Fed Chair Resists Calls to Resign Amid Political Firestorm Federal Reserve Chair Jerome Powell has made it clear to allies that he will not step down under pressure from President Donald Trump,

Trump’s-Return-Raises-Fed-Independence-Concerns

Economy

11 months ago

Trump’s Return Raises Fed Independence Concerns

The re-election of Donald Trump as president has reignited concerns over the Federal Reserve’s independence, particularly given his history of criticizing the central bank and its chair, Jerome Powell, for not cutting

Norway’s-Wealth-Fund-Sees-Record-Gains-Amid-Global-Economic-Shifts

Investing

11 months ago

Norway’s Wealth Fund Sees Record Gains Amid Global Economic Shifts

In a quarter marked by economic uncertainty and volatile markets, Norway’s sovereign wealth fund, the largest in the world, posted significant profits thanks to favorable monetary policy changes. With interest rates falling

Trump Teases Decision on Next Federal Reserve Chair

Impending Announcement on Fed Chair President Donald Trump indicated on Friday that a decision regarding the next Federal Reserve chair will be announced soon. While speaking to reporters on Air Force One,

3 months ago

Economy

Japan’s GDP Contracts Less Than Expected in Q1

Japan’s economy contracted less than initially estimated in the January-March quarter, according to revised government data released on Monday. While private consumption was revised upwards, the outlook remains clouded by the uncertainty

3 months ago

Economy

Russia Cuts Interest Rates Amid Easing Inflation Pressures

On Friday, Russia’s central bank announced its first interest rate cut since September 2022, reducing the rate by 100 basis points to 20%. This marks a shift in the nation’s monetary policy

3 months ago

Economy

ecb-cuts-rates-as-inflation-and-growth-projections-shift

ECB Cuts Interest Rates Amid Inflation Revisions and Growth Concerns

The European Central Bank (ECB) announced a 25 basis point interest rate cut on Thursday, reducing the deposit facility rate to 2%, down from a mid-2023 high of 4%. This move follows

4 months ago

Economy

Trump Meets with Fed Chair Powell to Discuss Economic Outlook

President Donald Trump met with Federal Reserve Chair Jerome Powell on Thursday to discuss U.S. economic developments, including growth, employment, and inflation. The meeting, which was confirmed by the Federal Reserve, took

4 months ago

Economy

Asian Economies Urged to Avoid Retaliatory Tariffs

As global trade tensions rise, Asian economies are urged to adopt strategic measures to avoid a damaging cycle of retaliatory tariffs. Edward Robinson, the deputy managing director of the Monetary Authority of

4 months ago

Economy

Fed May Reconsider Approach to Inflation and Jobs: Powell

The U.S. Federal Reserve is considering revising key elements of its monetary policy framework, especially regarding jobs and inflation, as it faces the possibility of more frequent and persistent supply shocks. This

4 months ago

Economy

Fed Holds Rates Amid Trade Uncertainty, Risks of Stagflation

The Federal Reserve opted to keep its key interest rates unchanged on Wednesday as the U.S. economy navigates the volatility caused by President Donald Trump’s trade war and his ongoing tariff policies.

4 months ago

Economy

Fed President Calls for Patience Amid Tariff Impact

Cleveland Federal Reserve President Beth Hammack emphasized the need for patience and careful analysis in addressing the impact of tariffs on inflation and economic growth. Speaking in her first broadcast interview since

5 months ago

Economy·Uncategorized

Bank of England Watches U.S. Tariffs’ Impact on U.K. Growth

Bank of England Governor Andrew Bailey expressed concern Thursday over the potential impact of U.S. tariffs on U.K. economic growth, especially if global trade experiences a slowdown. Bailey, in an interview at

5 months ago

Economy