News

China’s central bank seeks European lenders’ advice on low interest rates
China’s central bank has asked European financial institutions for advice on dealing with the effects of low interest rates, ...
Trump says Powell costs US $900B a year in interest by not cutting rates. Is he right?
President Trump says Fed rate cuts would save the government as much as $900 billion a year in interest payments on its debt.
ECB more likely to wait until year-end to cut rates, Simkus says
The European Central Bank may not have all the information it needs, including on the trade outlook, by September, making any ...
European Central Bank's latest rate cycle is ‘done,' chief economist says
We do think the last cycle is done, bringing inflation down from the peak of 10[%], back to 2%, that element is over,” Philip ...
Bank Stocks Are Roaring as Growth Outlook Brightens
In Europe, the Stoxx 600 Banks Index rose 29% in the six months through yesterday, its strongest first half since 1997, while ...
Jerome Powell says Fed would have lowered rates already if it weren’t for tariffs
After the widespread uncertainty caused by the tariff policy, Powell said the Fed decided the "prudent thing to do is to wait ...
Fed Chair Powell says he would've cut rates already if not for Trump's tariffs
Trump has badgered Powell for not cutting rates. The Fed Chair says it's the president's own fault.
Powell Cites Solid Economy in Keeping Wait-and-See Stance on Rates
Federal Reserve officials are trying to assess how tariff increases will reshape the outlook for the U.S. economy and ...
Forex Factory1d
2025 2H Central Bank Outlook
Major central banks may adjust their policy in the second half of 2025 as the Federal Reserve appears to be on track to ...
WKBW3d
Fed chair says bank would have cut rates this year if not for tariffs
Federal Reserve Chair Jerome Powell defended the central bank's decision to not cut interest rates so far this year and said ...
Scott Bessent says Fed could cut rates by September or 'sooner'
Treasury Secretary Scott Bessent said Tuesday night that he thinks the Federal Reserve could cut interest rates by September or 'sooner' because of mild inflation thus far from President Trump’s ...
Anadolu Agency3d
Fed Chair Powell says central bank would have cut interest rates if not for tariffs
Impact of tariffs not been seen much, as higher inflation expected over summer, Fed chair says - Anadolu Ajansı ...