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A tariff headache for major central banks
U.S. President Donald Trump's tariffs have darkened the global economic backdrop, forcing big central banks to reassess their ...
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Trump clashes with Fed chief Powell over interest rates
US President Donald Trump blasted Federal Reserve chairman Jerome Powell on Thursday for not lowering interest rates, calling ...
Trump: 'Powell's termination cannot come fast enough'
President Trump turned up the pressure on Federal Reserve Jerome Powell again on Thursday, saying in a social media post that ...
Developer Scott Rechler’s big vision to add to the Manhattan skyline
New York… has proven over and over it can rebuild itself bigger and stronger, but it’s not something preordained and it’s ...
Powell Shows Why Fed Independence Matters in a Turbulent America
After months of avoiding conflict with Trump, the head of the Federal Reserve shared his views on tariffs, spending cuts and ...
Fed's Powell says central bank could face 'challenging scenario' due to tariffs
Federal Reserve Chairman Jerome Powell said in prepared remarks in Chicago that the central bank would wait for more data before changing interest rates.
Bank reserves are 'abundant' and slow reduction of balance sheet will continue: Powell
The Federal Reserve can keep reducing its roughly $6.7 trillion balance sheet at a slow pace because banking reserves still remain "abundant," Fed Chair Jerome Powell said Wednesday. Powell noted that ...
Independent Online1d
Reserve Bank expected to keep interest rates on hold amid VAT, inflation pressures
The South African Reserve Bank (Sarb) is anticipated to maintain ... stabilising near 7.25%. The US Federal Reserve was on Wednesday also expected to keep the federal funds rate unchanged at ...
Trading Day: Another lull, but fireworks are coming
Reuters, the news and media division of Thomson Reuters, is the world’s largest multimedia news provider, reaching billions ...
White House will start interviewing candidates to succeed Fed Chair Jerome Powell this fall
Bessent said he was not concerned about Trump ousting Powell or challenging the independence of the Fed. But he said he did ...
Fed's Williams expects Trump tariffs to drag GDP growth 'below 1%' and boost inflation as high as 4%
New York Fed president John Williams on Friday said he lowered his outlook for the US economy and raised his expectation for ...
Treasurys are cratering amid the tariff-induced storm. Here's what's happening with bond markets.
A spike in US Treasury bond yields in recent days has sparked market fears that America's safe-haven status could be under ...