Powell Says No Quick Fed Action on Tariffs or Markets
rThis week, Jerome Powell made one thing crystal clear: investors shouldn’t expect a quick fix from the Federal Reserve. In an appearance at the Economic Club of Chicago, the chair of the
Vietnam Pledges Economic Growth Despite U.S. Tariffs
Vietnam’s Commitment to Growth Amid U.S. Tariff Challenges Despite facing a daunting 46% tariff on its exports imposed by the U.S., Vietnam’s Prime Minister, Pham Minh Chinh, has vowed to maintain the
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
Tariff Anxiety Drives Doom Spending Among Americans
Economic uncertainty is driving a wave of impulsive spending among Americans, as concerns over President Donald Trump’s tariffs fuel fears of rising prices. A recent CreditCards.com report found that one in five