Economy News

Economy

Powell Holds Firm: No Rate Cuts Until Inflation and Labor Market Show Real Progress

Federal Reserve Chair Jerome Powell stated that the central bank will not proceed with rate cuts until there is significant progress on inflation or labor market weakness, highligh...

Economy

Fed Chair Powell Adopts Wait-and-See Approach to Trump's Policy Directions

Federal Reserve Chair Jerome Powell states the Fed is waiting to see the Trump administration's policy directions on tariffs, immigration, and fiscal policy before making decisions...

Economy

ECB Signals Further Rate Cuts in 2025 to Combat Inflation and Boost Economy

The European Central Bank (ECB) plans further rate cuts in 2025 to achieve inflation targets and support economic growth, amidst Germany's bleak outlook and global uncertainties.

Economy

Fed Chair Powell Denies Any Rate Discussions with President Trump

Federal Reserve Chair Jerome Powell denies any discussions with President Trump on interest rates, emphasizing the Fed's independence. This comes after Trump's call for lower rates...

Economy

Powell Stands Firm: No Rate Cuts Until Inflation and Labor Market Show Real Progress

Federal Reserve Chair Jerome Powell emphasizes the central bank's stance on not reducing rates until there's significant progress on inflation or labor market weakness, highlightin...

Economy

Federal Reserve's Powell Adopts Wait-and-See Approach on Trump's Policy Impact

Federal Reserve Chair Jerome Powell discusses the Fed's cautious stance on Trump's economic policies, emphasizing a wait-and-see approach to understand the full impact before makin...

Economy

Fed's Strategic Move: Powell Outlines Plan to Shrink Balance Sheet for Economic Stability

Federal Reserve Chair Jerome Powell announces plans to shrink the central bank's balance sheet to ensure an ample supply of reserves and prevent inflationary pressures, with a focu...

Economy

Fed Chair Powell Eyes AI-Induced Market Turbulence with Caution

Federal Reserve Chair Jerome Powell discusses the central bank's close monitoring of AI-induced market volatility, emphasizing the focus on macroeconomic indicators and suggesting ...