In a recent interview, Chicago Fed President Austan Goolsbee expressed concerns about political pressure affecting the Fed's ability to set monetary policy independently. He warns that undermining this independence could harm the economy.
President Trump expresses disdain for Fed Chair Jerome Powell, hinting at a potential replacement with Kevin Warsh. As speculation grows, what does this mean for monetary policy and inflation?
Argentina has struck a monumental $20 billion deal with the IMF, marking a major shift by dismantling key currency controls and allowing the peso to fluctuate freely. This move aims to stabilize the economy and attract investment.
Investors are left reeling as the Federal Reserve signals there will be no immediate rescue amid a looming bear market, exacerbated by President Trump's tariffs. With declines approaching 20%, market watchers are anxious about the future.
US Treasuries saw significant gains after the Federal Reserve reassured markets about the potential for lower interest rates, pushing 10-year note yields down to 4.2%. Traders are betting on continued rate reductions.
The Bank of England has decided to keep interest rates at 4.5% as the U.K. faces economic uncertainties, including global trade tensions and signs of domestic stagnation. With inflation rising and growth forecasts slashed, what does this mean for consumers?
Discover the crucial updates in the Federal Open Market Committee's latest statement compared to January. Major changes could impact the financial landscape!
The Federal Reserve keeps the federal funds rate steady while navigating a complex economic landscape. With solid growth and elevated inflation, how will this impact your finances?
As the Federal Reserve prepares to hold interest rates steady, tensions rise over Trump's impending tariffs. Experts warn of a potential trade war that could destabilize the U.S. economy, complicating the Fed's path forward.
Discover the latest insights on the US economy, including progress on inflation, monetary policy decisions, labor market trends, and the impact of tariffs on economic stability.