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,
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
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
Fed Officials Caution on Rates Amid Inflation Risks
Williams, Barkin emphasize patience as policy uncertainty grows New York Federal Reserve President John Williams said Monday that the current stance of U.S. monetary policy is “well positioned” for what the economy
Eurozone Inflation Eases, ECB Rate Cut Likely
March data fuels speculation of April policy shift Eurozone inflation slowed for the second consecutive month in March, coming in at 2.2%, down from 2.3% in February and reinforcing expectations that the
Fed Officials Signal Patience on Interest Rate Cuts
Williams and Goolsbee Highlight Economic Uncertainty New York Federal Reserve President John Williams said Friday that the U.S. central bank’s current monetary policy stance is appropriate, given the high level of uncertainty
Bank of England Holds Rates as Trade Uncertainty Looms
Interest Rates Remain at 4.5% Amid Economic Pressures The Bank of England (BOE) decided on Thursday to keep interest rates at 4.5%, as the U.K. economy grapples with global trade tensions and
BoE’s Bailey Urges U.S. to Resolve Trade Issues via Talks
Bank of England (BoE) Governor Andrew Bailey called on the United States to address global economic concerns through diplomatic dialogue rather than import tariffs. Speaking to British lawmakers on Wednesday, Bailey emphasized
Australia’s Economy Expands as Growth Accelerates in Q4
Australia’s economy grew by 1.3% year-on-year in the fourth quarter, marking its first acceleration since September 2023. GDP Growth Exceeds Expectations GDP growth surpassed economists’ expectations of a 1.2% rise, as polled
Euro Zone Inflation Slows to 2.4% but Tops Expectations
Euro zone inflation slowed to 2.4% in February, according to preliminary data from Eurostat released Monday. However, the reading came in slightly above analyst expectations, as economists polled by Reuters had forecast
Japan’s Inflation Climbs, Fueling Rate Hike Expectations
Japan’s inflation rate rose 4% year on year in January, marking its highest level since January 2023 and strengthening the case for rate hikes by the Bank of Japan (BOJ). The core
ECB Cuts Rates, Signals More Easing in March
ECB-Cuts-Rates-Signals-More-Easing-in-March The European Central Bank (ECB) cut interest rates on Thursday and signaled another reduction in March as concerns over economic stagnation outweigh persistent inflation fears. This marks the fifth ECB rate
Fed to Hold Rates Steady as Trump Pushes for Cuts
The Federal Reserve is expected to keep its key interest rate unchanged at this week’s policy meeting, despite renewed pressure from President Donald Trump to lower borrowing costs. The decision comes as