Fed’s Waller warns tariff shock poses major risk to US economy, complicates policy path
US Federal Reserve Governor Christopher J. Waller said on Monday the recent spike in US tariffs has created…
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US economy
Powell: Tariffs likely to raise inflation, Fed to hold rates
US Federal Reserve Chair Jerome Powell said on Friday that recent tariff hikes announced by the Trump…
Bitcoin extends losses amid market uncertainty
Bitcoin fell 4.2 per cent to $82,417.7 early Monday, nearing a four-month low as traders remained unimpressed by US…
US Fed in no rush to cut rates again – Powell
US Federal Reserve Chair Jerome Powell made it clear that the central bank is in no rush to adjust its monetary…
US real GDP growth revised higher in Q3
The US economy grew at an annual rate of 3.1 percent in the third quarter of 2024, according to the third estimate…
Fed’s Powell: Too soon to assess impact of Trump’s policies on economy
US Federal Reserve Chairman Jerome Powell stated on Wednesday that it remains too soon to determine how…
US Fed is not ‘looking for a law change’ to own bitcoin
US Federal Reserve Chair Jerome Powell said on Wednesday that the central bank has no plans to add bitcoin to its…
Powell describes Wednesday’s rate cut a ‘closer call’ but ‘right call’
US Federal Reserve Chair Jerome Powell described Wednesday’s decision to cut interest rates as a “closer call,”…
OPEC+ sees 3.1% global growth in ’24, oil demand up 1.6 mb/d
The Organization of the Petroleum Exporting Countries (OPEC+) has maintained a solid global economic outlook, with…
US trade deficit drops in Oct
The US trade deficit in goods and services decreased to $73.8 billion in October 2024, down $10.0 billion from the…