News

Philippine annual inflation quickens slightly, but no bar to more rate cuts
By Mikhail Flores and Karen Lema MANILA (Reuters) -Philippine annual inflation quickened slightly in June, driven by ...
Trump says Powell costs US $900B a year in interest by not cutting rates. Is he right?
President Trump says Fed rate cuts would save the government as much as $900 billion a year in interest payments on its debt.
Fed Chair Powell says he won't rule out interest rate cut this month
Federal Reserve Chair Jerome Powell said on Tuesday he would not rule out a potential interest rate cut as soon as this month ...
Poland's July Rate Cut Not the Start of a Cycle, Central Bank Chief Says
"Further decisions will depend on incoming information, we are not announcing a path of rate cuts, this is not the beginning ...
Despite Pressure From Trump, Powell Remains Patient on Rate Cuts
Jerome H. Powell, the chair of the Federal Reserve, defended on Tuesday the central bank’s wait-and-see approach to cutting ...
Fed Chair Powell resists Trump pressure, will wait on rate cuts amid tariff uncertainty
The Fed Chair on Tuesday reiterated the central bank plans to "wait and learn more" about the impact of tariffs on inflation ...
Trump tariffs have delayed interest rate cuts, Federal Reserve Chair Jerome Powell says
Federal Reserve Chief Jerome Powell said it is premature to lower interest rates, citing the potential impact of tariffs.
Australian Household Spending Jumps Suddenly on Rate-Cuts Boost
SYDNEY--Australian consumer demand showed signs of life in May as the impact of interest-rate cuts over recent months drove a jump in spending. Household spending rose 0.9% in May, the Australian ...