As the U.S. labor market shows mixed signals, pressure mounts on Jerome Powell to reconsider interest rate cuts. With job growth slowing and Trump demanding action, what’s next for the economy?
In a surprising move, India's central bank cut its benchmark interest rate to 5.5%, the lowest since August 2022. This decision, driven by softening inflation and lower growth, raises questions about future monetary policy as the economy adapts to global challenges.
China's equity markets remain volatile despite a tariff reprieve. Meanwhile, Australia sees a surge in employment, and the Chinese central bank relaxes reserve requirements to boost liquidity amidst trade tensions.
April's inflation rate declined unexpectedly to 2.3%, sparking discussions on the impact of President Trump's tariffs and potential interest rate cuts. What does this mean for consumers?
President Trump criticizes Federal Reserve Chair Jerome Powell for not cutting interest rates, calling him 'Too Late Powell.' Amidst strong economic claims, Trump expresses frustration over Powell's decisions.
In a bold move to counteract the effects of the trade war with the U.S., China's central bank has slashed interest rates and eased lending regulations. This decision aims to stimulate the economy and support growth amid escalating tensions.
In a recent interview, President Trump clarified that he has no plans to fire Federal Reserve Chair Jerome Powell despite ongoing criticism regarding interest rate cuts. He hints at a potential change in leadership in the future.
In a shocking turn of events, US stocks and the dollar have plummeted as President Trump unleashes a barrage of attacks on Federal Reserve Chair Jerome Powell, calling for immediate interest rate cuts to avert an economic slowdown.
Goldman Sachs forecasts three interest rate cuts this year, citing increased recession risks and tariff uncertainties linked to Trump's upcoming announcement. The firm predicts a 35% chance of recession within a year.
Stock futures rose after the Federal Reserve hinted at two potential interest rate cuts in 2025. Major indices rebounded from a sell-off, with the Dow gaining 0.9% and the Nasdaq 1.4%. Investors remain optimistic despite inflation concerns.