High Inflation Sows Debate About New Fed Playbook for Tariffs
Fresh tariffs amid high inflation are making the Fed’s job uniquely difficult and feeding uncertainty about what to expect ...
Budget 2025, New UPI Rule: Big Financial Changes In February You Should Know
Finance Minister Nirmala Sitharaman will present a record eighth consecutive budget for the financial year 2025-26.
Trump's offensive against diversity, equity puts Powell's Fed on defensive
After Trump issued an executive order on Jan. 20 ending DEI programs across the federal government, the Fed took down pages ...
Key US inflation gauge posts largest monthly rise since last April
The increase was in line with economists' expectations. In the 12 months through December, the PCE price index advanced 2.6%.
Ghana president picks Asiamah as next central bank governor
Ghana's President John Dramani Mahama has chosen Johnson Asiamah as the West African country's next central bank governor, pending approval by the Council of State, the presidency said on Friday.
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US land-based coho salmon closure leaves food bank 13,000 live fish to process
LocalCoho, a land-based producer in the US state of New York, which ceased operations Friday, donated 13,000 live fish to a food bank ...
Failure or 5D chess? El Salvador IMF deal walks back Bitcoin adoption
The IMF was not ready to extend a loan to El Salvador without concessions on the country’s ongoing Bitcoin adoption efforts.
The Fed’s Preferred Inflation Measure Ticked Up Slightly in December
The central bank needs to see further progress on inflation or weakness in the labor market to resume interest rate cuts.
Fed’s preferred inflation gauge posts largest monthly gain since April as tariff fears boost spending
“The Fed’s prognosis is for a slower pace of monetary easing moving forward, as the economy is doing well and prices are only slowly returning to target in an environment of great uncertainty,” said ...
Brazil's Jobless Rate Hits Lowest Yearly Average Ever in 2024
The average unemployment rate in 2024, however, was 6.6%, the lowest level since the beginning of the data series in 2012.
Traders are moving so much gold from the Bank of England to the U.S. to avoid Trump tariffs that the waiting time has reportedly octupled
But in some instances, traders must deliver physical gold to fulfill some of their futures contracts. Fears around Trump’s ...
Fed’s Bowman Skeptical That Central Bank Still Very Restrictive
Federal Reserve governor Michelle Bowman said that she would prefer only gradual future easing of the central bank’s interest ...