In June, U.S. producer prices remained unchanged, despite rising costs in certain sectors due to tariffs. This stability could pave the way for potential interest rate cuts by the Federal Reserve later this year.
Jerome Powell cautions that Trump's tariff plans could lead to persistent inflation, influencing the Fed's approach to interest rate cuts. As trade tensions rise, the economic outlook remains uncertain.
Tensions rise as President Trump pushes for interest rate cuts, clashing with Fed Chair Jerome Powell's cautious stance. With inflation down but unemployment creeping up, the stakes for the economy are higher than ever.
UK's inflation rate stabilizes at 3.4% as economists predict interest rate cuts. Discover how rising oil prices and economic policies could impact the economy further.
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.
