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Today: April 18, 2025
Today: April 18, 2025

inflation

Business|Economy|Finance|Political|US

With inflation progress slow, Fed's Daly says rate cuts may need to wait

San Francisco Federal Reserve President Mary Daly said on Friday that while she is still comfortable with a couple of interest rate cuts this year, rising risks of inflation mean the

With inflation progress slow, Fed's Daly says rate cuts may need to wait
Economy|Finance|Political|US

Trump’s attacks on central bank threaten its independence − and that isn’t good news for sound economic stewardship (or battling inflation)

Monetary policy can be wielded as a tool to boost an economy around election time, which explains why politicians want to have a say on it.

Trump’s attacks on central bank threaten its independence − and that isn’t good news for sound economic stewardship (or battling inflation)
Business|Economy|Finance|Political|US

Trump wants Powell out of the Fed. Waiting in the wings is Kevin Warsh

Trump wants Powell out of the Fed. Waiting in the wings is Kevin Warsh

Trump wants Powell out of the Fed. Waiting in the wings is Kevin Warsh
Economy|Europe|Finance|MidEast|Political

Turkey's Simsek says disinflation to continue, FX pass-through limited

Turkish Finance Minister Mehmet Simsek said on Friday that disinflation would continue despite some recent deterioration in expectations, adding that the

Turkey's Simsek says disinflation to continue, FX pass-through limited
Asia|Business|Economy|Finance

BOJ will keep raising rates if inflation on track, Governor Ueda says

Bank of Japan Governor Kazuo Ueda said on Friday the central bank will keep raising interest rates if underlying inflation accelerates toward its 2% target, as it projects.

BOJ will keep raising rates if inflation on track, Governor Ueda says
Asia|Business|Economy|World

Japan's core inflation accelerates, complicating BOJ's rate path

Japan's core inflation accelerated in March due to persistent rises in food costs, data showed on Friday, complicating the central bank's task of weighing mounting

Japan's core inflation accelerates, complicating BOJ's rate path
Africa|Business|Economy|Finance|MidEast

Egypt cuts interest rates for first time since 2020

Egypt's central bank lowered interest rates by 225 basis points on Thursday, its first cut since November 2020, a decision mostly driven by inflation plunging as uncertainty about

Egypt cuts interest rates for first time since 2020
Economy|Political|US

Fact check: Trump falsely claims grocery prices are down

Fact check: Trump falsely claims grocery prices are down

Fact check: Trump falsely claims grocery prices are down
Business|Economy|Political|Stock Markets|US

US tariffs will weaken global economy and trigger inflation but not a global recession, IMF says

Surging U.S. tariffs will weaken the global economy and push up inflation this year, according to projections to be released next week by the International Monetary Fund

US tariffs will weaken global economy and trigger inflation but not a global recession, IMF says
Business|Economy|Finance|Political|US

Fed's Williams sees no looming need to change monetary policy - Fox Business

By Michael S.

Fed's Williams sees no looming need to change monetary policy - Fox Business
Business|Economy|Europe|Finance|World

Ukraine's cenbank holds key rate at 15.5%, sees slower 2025 economic growth

Ukraine's central bank kept its key interest rate unchanged at 15.5% on Thursday and said it expected consumer price inflation to start declining this summer.

Ukraine's cenbank holds key rate at 15.5%, sees slower 2025 economic growth
Economy|Finance|MidEast|Political|Stock Markets

Turkish central bank surprises with rate hike to 46% after market turmoil

Turkey's central bank hiked its key interest rate by 350 basis points to 46% on Thursday, in a surprise move that reversed an easing cycle and

Turkish central bank surprises with rate hike to 46% after market turmoil
Business|Economy|Europe|Finance

ECB cuts rates as tariffs to hits already weak growth

The European Central Bank cut interest rates as expected on Thursday, easing for the seventh time in the past year as U.S. tariffs and faltering business confidence sap already

ECB cuts rates as tariffs to hits already weak growth
Business|Economy|Finance|Political|US

Tariffs to trigger sharp US economic slowdown; chance of recession jumps to 45%: Reuters poll

An aggressive U.S. tariff policy will trigger a significant slowdown in the U.S. economy this year and next, with the median probability of recession in the

Tariffs to trigger sharp US economic slowdown; chance of recession jumps to 45%: Reuters poll
Business|Economy|Europe|Finance|Political|Stock Markets|US

ECB set to ease as Fed delivers hawkish twist

What matters in U.S. and global markets today By Mike Dolan, Editor-At-Large, Financial Industry and Financial Markets As the Federal Reserve takes a hawkish turn in the face of another Wall Street

ECB set to ease as Fed delivers hawkish twist
Business|Economy|Finance|Political|US

Fed's Schmid says patience needed to see how tariffs play out

The Federal Reserve faces a complicated picture for policy decisions, Kansas City Federal Reserve Bank President Jeff Schmid said on Wednesday, noting that while he is hearing nervousness

Fed's Schmid says patience needed to see how tariffs play out
Business|Economy|Finance|Stock Markets|US

Tariff-wounded stocks find no balm with Powell remarks

Investors who may have been hoping the Federal Reserve is poised to come to the aid of tariff-rattled markets took away an unwelcome message from the central

Tariff-wounded stocks find no balm with Powell remarks
Business|Economy|Finance|Political|Stock Markets|US

Powell says Fed remains in wait-and-see mode; markets processing policy shifts

U.S.

Powell says Fed remains in wait-and-see mode; markets processing policy shifts
Business|Economy|Finance|Political|US

Fed Chair Powell gives starkest warning yet on potential economic consequences from tariffs

Fed Chair Powell gives starkest warning yet on potential economic consequences from tariffs

Fed Chair Powell gives starkest warning yet on potential economic consequences from tariffs
Economy|Finance|Stock Markets|US

Fed's Hammack sees steady monetary policy as central bank seeks more data

By Michael S.

Fed's Hammack sees steady monetary policy as central bank seeks more data
Business|Economy|Finance|Political|US

Federal Reserve Chair Jerome Powell speech text April 16, 2025

Thank you for the introduction. I am looking forward to our conversation, Professor Rajan. First, I will briefly discuss the outlook for the economy and monetary policy.

Federal Reserve Chair Jerome Powell speech text April 16, 2025
Business|Economy|Finance|Political|Stock Markets|US

Powell says Federal Reserve can wait on any interest rate moves

The Federal Reserve can stay patient and wait to see how tariffs and other economic policies of the Trump administration play out before making any changes to interest rates, Chair Jerome Powell said Wednesday

Powell says Federal Reserve can wait on any interest rate moves
Business|Economy|Finance

Top Bank of Canada officials speak after central bank holds policy rate steady

Below are some key quotes from a news conference by Bank of Canada Governor Tiff Macklem and Senior Deputy Governor Carolyn Rogers on Wednesday after the central bank held its key

Top Bank of Canada officials speak after central bank holds policy rate steady
Americas|Business|Economy|Finance|Political

Argentina's FX gamble reaps early wins. Now for the hard part

Argentina's libertarian President Javier Milei rolled the dice this week on a major economic swerve, tearing down currency

Argentina's FX gamble reaps early wins. Now for the hard part

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