Economy News

Economy

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

Federal Reserve Chair Jerome Powell emphasizes the central bank's stance on not reducing rates until there's significant progress on inflation or labor market weakness, highlightin...

Economy

Federal Reserve's Powell Adopts Wait-and-See Approach on Trump's Policy Impact

Federal Reserve Chair Jerome Powell discusses the Fed's cautious stance on Trump's economic policies, emphasizing a wait-and-see approach to understand the full impact before makin...

Economy

Fed's Strategic Move: Powell Outlines Plan to Shrink Balance Sheet for Economic Stability

Federal Reserve Chair Jerome Powell announces plans to shrink the central bank's balance sheet to ensure an ample supply of reserves and prevent inflationary pressures, with a focu...

Economy

Fed Chair Powell Eyes AI-Induced Market Turbulence with Caution

Federal Reserve Chair Jerome Powell discusses the central bank's close monitoring of AI-induced market volatility, emphasizing the focus on macroeconomic indicators and suggesting ...

Economy

Trump Criticizes Federal Reserve's Bank Regulation Efforts as 'Terrible Job'

President Donald Trump criticizes the Federal Reserve's bank regulation and handling of inflation, attributing economic challenges to misplaced priorities. He proposes a plan focus...

Economy

Powell Signals Potential Rate Cuts Before Inflation Hits 2% Target

Federal Reserve Chair Jerome Powell suggests the possibility of reducing interest rates before inflation reaches the 2% target, focusing on economic health and labor market stabili...

Economy

Fed Chair Powell Signals No Rate Cuts Without Significant Inflation or Labor Market Progress

Federal Reserve Chair Jerome Powell stated that the central bank will not proceed with rate cuts without significant progress on inflation or labor market weakness, emphasizing the...

Economy

BoE Governor Andrew Bailey Urges for a Boost in UK's Economic Growth Rate

Bank of England Governor Andrew Bailey emphasizes the need for increasing the UK's economic growth rate, supporting government efforts and highlighting the importance of financial ...