Economy News

Economy

Jerome Powell Reflects on Fed's Initial View of 2021 Inflation as Transitory

Federal Reserve Chair Jerome Powell discusses the initial 'transitory' view of 2021 inflation and the Fed's response, acknowledging in hindsight the benefits of earlier policy adju...

Economy

Fed Chair Powell Holds Judgment on Trump Tariffs, Awaiting Clearer Economic Impact

Federal Reserve Chair Jerome Powell discusses the cautious approach towards President Trump's tariffs, emphasizing the need to observe their economic impact before making judgments...

Economy

Fed's Bostic: Patience in Policy Moves Signals Delayed Rate Cuts

Atlanta Fed President Raphael Bostic discusses the Federal Reserve's cautious approach to monetary policy, the challenges of economic forecasting amidst policy uncertainty, and the...

Economy

Joachim Nagel Advocates for a Gradual Shift Towards Neutral Rates Amid Economic Uncertainty

Joachim Nagel, ECB Governing Council member, stresses the importance of a gradual approach to reaching neutral rates, advocating for data-driven decisions amidst economic uncertain...

Economy

EU Stands United: Protecting Local Metals from Rising US Tariffs

The European Union, led by the Polish Presidency, is determined to protect its steel and aluminum sectors from US tariff increases. The EU seeks to maintain cooperation with the US...

Economy

Mexico to Challenge US Steel and Aluminum Tariffs with Economic Facts

Mexican President Claudia Sheinbaum plans to challenge US President Donald Trump's tariffs on steel and aluminum imports by highlighting the US's own economic surplus in these sect...

Economy

Jerome Powell Reflects on the Fed's 2021 Inflation Misjudgment and Policy Response

Federal Reserve Chair Jerome Powell discusses the Fed's initial view of 2021 inflation as transitory, reflecting on the decision to delay interest rate hikes and the flexibility of...

Economy

Fed's Cautious Stance: Awaiting Clear Signals Before Next Move on Interest Rates

Federal Reserve Bank of Atlanta President Raphael Bostic discusses the Fed's cautious approach to monetary policy, emphasizing the need for clear economic indicators before any int...