economic policy News

Trump's Tariff Surge: US Imposes 145% Duties on Chinese Goods Amid Trade Tensions

The US has dramatically increased tariffs on Chinese goods to 145%, sparking criticism from China. This move is part of a broader shift in US trade policy under President Trump, ra...

Fed's Lorie Logan Warns: Rising Tariffs May Spark Inflation and Unemployment Surge

Dallas Fed President Lorie Logan warns that increased tariffs could lead to higher unemployment and inflation, stressing the importance of stable inflation expectations to avoid ec...

Exclusive: Treasury Secretary Bessent Reveals Trump's Strategic Move on Tariffs Amid Global Outreach

US Treasury Secretary Scott Bessent clarifies that the 90-day tariff suspension, excluding China, was President Trump's decision, not a response to market movements. Over 75 nation...

Economist Poonam Gupta Makes History as New RBI Deputy Governor: A Look at Her Stellar Career

Poonam Gupta, Director General of NCAER, appointed as RBI Deputy Governor for three years. With a rich background in economic policy and roles at IMF and World Bank, her appointmen...

Copper Futures Surge 1% Amid Global Supply Fears and Robust Industrial Demand

Copper futures climbed 1% due to global supply concerns and strong industrial demand, with potential prices reaching $12,000 per tonne influenced by demand and policy uncertainties...

Copper Futures Surge 1% Amid Global Supply Fears and Robust Industrial Demand

Copper futures climbed 1% due to global supply concerns and strong industrial demand, with potential to hit $12,000 per tonne amid increasing demand and policy uncertainties.

European Markets Show Resilience: Inflation Data and Policy Shifts Take Center Stage

European stock markets opened mostly higher as investors assessed UK inflation data and awaited the British Chancellor's Spring Statement. Key indices like the DAX and FTSE 100 saw...

Federal Reserve Holds Rates Steady Amid Economic Uncertainties and Trade War Fears

The Federal Reserve maintains interest rates amidst economic uncertainties and trade war fears, with inflation above target and consumer confidence dropping. New economic forecasts...

South Korea Climbs to Second Place Globally in Household Debt: A Deep Dive into the Economic Implications

South Korea ranks second globally with a household debt to GDP ratio of 91.7%, highlighting the challenges of high household debt amidst economic policies and the pandemic's impact...

Lagarde Challenges Inflation Targets: A New Economic Reality?

ECB President Christine Lagarde discusses the challenges of maintaining a 2% inflation target in the current economic environment, emphasizing the importance of well-anchored infla...

Fed's Bowman Highlights Labor Market as Key Factor in Future FOMC Policy Decisions

Michelle Bowman of the Federal Reserve discusses the growing importance of labor market conditions in shaping future FOMC policy decisions, highlighting a shift from focusing solel...

Federal Reserve's Goolsbee Warns: Ignoring Tariff Impacts Could Lead to Economic Missteps

Federal Reserve's Goolsbee cautions against ignoring the economic impacts of tariffs, highlighting potential inflationary pressures and supply chain disruptions, and the challenges...

President Trump Initiates Creation of US Sovereign Wealth Fund to Boost National Investments

President Donald Trump has signed an executive order to establish a US sovereign wealth fund, aiming to invest in national projects for the benefit of all Americans. Treasury Secre...

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...

China's Central Bank Holds Steady: Key Interest Rates Remain Unchanged Amid Economic Shifts

The People's Bank of China has kept its benchmark interest rates unchanged, with the 1-year and 5-year Loan Prime Rates remaining steady at 3.10% and 3.60%, respectively. This deci...

Bank of Korea Holds Steady: Key Interest Rate Remains at 3% Amid Market Speculations

The Bank of Korea has decided to keep its benchmark interest rate unchanged at 3%, contrary to market expectations. This decision reflects the central bank's cautious stance amid c...

Fed's Schmid Suggests Interest Rates May Be Approaching Long-Term Stability

Federal Reserve Bank of Kansas City President Jeff Schmid believes the Fed's interest rates are nearing their long-term level, advocating for a neutral policy stance and gradual ad...

Bank of Korea Governor Advocates for Economic Policy Independence from Political Influence

Bank of Korea Governor Rhee Chang-yong criticizes Cabinet members for opposing the appointments of Constitutional Court judges, emphasizing the need for economic policy independenc...

Thai Finance Minister Pushes for Another Interest Rate Cut Amid Low Inflation

Thailand's Finance Minister, Pichai Chunhavajira, pushes for another interest rate cut to align with low inflation. Despite economists predicting no change, Pichai hopes to see a r...

Small Business Optimism Reaches Peak: Insights from NFIB November Report

NFIB reports small business optimism reached its highest point since June 2021 in November, with a surge in owners expecting economic improvement and considering expansion.