Tag Archives: Interest Rates

US President Donald Trump called Federal Reserve Chair Jerome Powell “terrible” and said he had narrowed down his choice for the next Fed chair to “three or four people,” stoking fresh speculation about an early leadership change at the central bank.“I know within three or four people who I’m going to pick,” Trump told reporters, when asked if he was …

Federal Reserve Chair Jerome Powell said the central bank will maintain a cautious stance on interest rates and await more data before considering cuts—directly opposing President Donald Trump’s fresh demands for immediate rate reductions. “For the time being, we are well positioned to wait to learn more about the likely course of the economy before considering any adjustments to our …

US President Donald Trump has said he will soon announce a successor to Federal Reserve Chair Jerome Powell, nearly a year before Powell’s term ends in May 2026 — a move investors warn could destabilise markets if it raises questions about Fed independence.Trump, who reappointed Powell in 2018, has repeatedly criticised the central bank for not cutting interest rates this …

NEW DELHI: The Reserve Bank of India (RBI) may further reduce interest rates following a temporary halt, as additional liquidity might be needed in the latter half of fiscal year 2025-26 (H2 FY26), according to a report “Ionic Wealth” from Angel One, quoted by ANI.The central bank recently lowered its FY26 inflation forecast to 3.7 per cent. The first quarter …

After weeks of bluster and escalation, President Trump blinked. Then he blinked again. And again. He backed off his threat to fire the Federal Reserve chairman. His Treasury secretary, acutely aware that the S&P 500 was down 10 percent since Mr. Trump was inaugurated, signaled he was looking for an offramp to avoid an intensifying trade war with China. And …

The US federal reserve will hold off on making any changes to interest rates as it waits for clearer signs on President Donald Trump’s economic policies‘ effect on the economy, Fed chair Jerome Powell said on Wednesday.“For the time being, we are well positioned to wait for greater clarity,” Powell said in prepared remarks to be delivered at the Economic …

Jerome H. Powell, the chair of the Federal Reserve, warned that President Trump’s tariffs risk stoking even higher inflation and slower growth than initially expected, as he struck a more downbeat tone about the outlook, despite the economy so far remaining in a “good place.” “While uncertainty remains elevated, it is now becoming clear that the tariff increases will be …

For three years, the U.S. economy has been buffeted by rapid inflation, high interest rates and political instability at home and abroad. Yet it has proved surprisingly resilient, supported by the sturdy pillars of robust consumer spending, a rising stock market, and healthy balance sheets for households and businesses alike. But one by one, those pillars have begun to crack …

Chris Bergen, who runs a commercial greenhouse business in northern Minnesota, finds himself “walking a tightrope” roughly two months into President Trump’s second term. Acute uncertainty about how the administration’s trade and immigration policies will unfold and affect the economy has made him much more cautious about any expansion plans. As one of the country’s biggest producers of bedding plants, …

Americans hoping for some relief on inflation suffered a setback in February, as new data showed underlying price pressures intensifying even before the latest escalation in President Trump’s trade war and consumers pulled back on spending. The Personal Consumption Expenditures price index, after stripping out volatile food and energy items, climbed 2.8 percent in February from a year earlier, outpacing …