Fed Chair Jerome Powell warns that Trump's tariffs could disrupt the Fed's 2025 goals, citing risks of higher inflation, supply chain issues, and unemployment. The Fed may face dif...
Federal Reserve Chair Jerome Powell warns that Trump's tariffs could lead to a more persistent inflationary impact than expected, emphasizing the need for careful monitoring and an...
US industrial production fell by 0.3% in March, with utilities dropping 5.8% due to warmer weather. Manufacturing and mining saw slight increases, and business equipment rose by 1....
The Bank of Canada has kept its interest rate at 2.75% due to uncertainties from global trade tensions, particularly US tariff policies, affecting economic growth and inflation exp...
In April, US home builder confidence slightly improved to 40, with current sales conditions rising to 45. However, future sales expectations dropped to 43, while prospective buyer ...
Fitch Ratings forecasts deeper interest rate cuts by the ECB and emerging markets due to worsening global economic conditions and an escalating US-China trade war, adjusting its 20...
Fitch Ratings lowers its 2025 oil price forecasts due to weaker global growth and OPEC+ production increases, with Brent and WTI prices adjusted downward. Concerns over oversupply ...
Federal Reserve Bank of Cleveland President Beth Hammack emphasizes the need for steady monetary policy to balance inflation risks and labor market slowdown, amid uncertainties fro...
