Fed hits pause on interest rate cuts amid Trump’s flurry of economic plans
Consumers and traders are waiting to learn if the Fed’s pause is a one-meeting hold or the start of a longer stretch.
Trump takes aim at Fed in economic forum comments
In an address to the World Economic Forum in Switzerland, delivered via video link Thursday, President Donald Trump revisited ...
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The Federal Reserve holds interest rates steady as inflation remains stubborn
The Fed held interest rates steady as it continues to combat inflation. President Trump wants to see lower rates, but some of ...
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WEF: Global Finance Leaders Back Bitcoin as Reserve Asset
Global financial leaders discuss cryptocurrency adoption and stablecoin growth at World Economic Forum, as digital assets ...
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Dive Deposits: Trump picks the most public moments to knock luminaries
The president bashed Jerome Powell on inflation less than two hours after the Fed chair announced interest rates would stay ...
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Nigeria’s high interest rate spread seen dragging GDP by 30%
High interest rate spread in Nigerian banks could potentially drag the country's economy by 20 to 30 percent, adding more ...
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ECB to push on with rate cuts
FRANKFURT ― Despite US President Donald Trump's saber-rattling, the European Central Bank is set to press on with interest rate cuts Thursday as officials increasingly voice confidence that the fight ...
Smaller economies' medium term default risk could have risen
Some of the world's smallest economies, especially in Africa, could be at increased risk of being unable to pay their debts in the medium term, even as developing nations have emerged from a series of ...