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The central bank remains cautious, even as calls for rate cuts grow louder from the White House and other policymakers.
Close Federal Reserve watchers have a message for anyone who thinks the next leader of the U.S. central bank will deliver lower borrowing costs on a silver platter: Don't count on it. While it's an ...
Policy is rightly locked on hold over the near-term in part because the uncertainty surrounding the Trump administration’s ...
New tariffs unveiled by President Trump have further muddied the inflation outlook, Chicago Fed President Austan Goolsbee said, making it more difficult for him to support the rate cuts that the ...
US stocks close the day and week lower after Trump slaps Canada with a 35% tariff, escalating tensions. Bitcoin hit a new record high for a third day.
The UK economy unexpectedly shrank by 0.1% in May, marking a second consecutive monthly contraction and raising concerns over ...
The U.S. federal government earned $27.0B more than it spent in June, compared with the -$41.5B deficit expected and the ...
LONDON, July 11 (Reuters) - Global markets are telling conflicting stories about the possible longer-term impact of U.S.
* U.S. President Donald Trump ramped up his tariff assault on Canada on Thursday, saying the U.S. would impose a 35% tariff ...
The US 35% tariff on Canada and President Trump's threat to have a 15%-20% universal tariff rather than 10% provides today's disruption. Click to read.
Speaking of inflation, the UK will also release its CPI numbers for June on Wednesday. At its latest decision, the Bank of England held interest rates unchanged, but the outcome was slightly more ...