Economy News

Economy

Jerome Powell Confirms No Communication with Trump on Interest Rates

Federal Reserve Chair Jerome Powell has confirmed no communication with President Trump on interest rates, emphasizing the Fed's independence. This follows Trump's recent call for ...

Economy

Jerome Powell Affirms Commitment to 2% Inflation Target Amid Economic Shifts

Federal Reserve Chair Jerome Powell reaffirms the central bank's commitment to a 2% inflation target, emphasizing its importance as a global standard for economic stability and gro...

Economy

Fed Chair Powell Signals No Rush to Alter Policy as Inflation Nears Target

Federal Reserve Chair Jerome Powell indicates no urgency in changing the current policy stance, with inflation nearing the target and a strong labor market. The Fed's policy framew...

Economy

Jerome Powell Signals No Rate Cuts Without Clear Inflation or Labor Market Progress

Federal Reserve Chair Jerome Powell states that the central bank will not consider rate cuts until there is real progress on inflation or labor market weakness, highlighting the ec...

Economy

Federal Reserve Chair Powell Denies Any Rate Discussions with President Trump

Federal Reserve Chair Jerome Powell denies any discussions with President Trump on interest rates, emphasizing the Fed's independence and commitment to its objectives. This follows...

Economy

Powell Holds Firm: No Rate Cuts Until Inflation and Labor Market Show Real Progress

Federal Reserve Chair Jerome Powell stated that the central bank will not proceed with rate cuts until there is significant progress on inflation or labor market weakness, highligh...

Economy

Fed Chair Powell Adopts Wait-and-See Approach to Trump's Policy Directions

Federal Reserve Chair Jerome Powell states the Fed is waiting to see the Trump administration's policy directions on tariffs, immigration, and fiscal policy before making decisions...

Economy

ECB Signals Further Rate Cuts in 2025 to Combat Inflation and Boost Economy

The European Central Bank (ECB) plans further rate cuts in 2025 to achieve inflation targets and support economic growth, amidst Germany's bleak outlook and global uncertainties.