News

Trump Wants to Upend the Fed. Here’s How the Central Bank Works.
It is unclear whether Trump might seek to remove Powell as the head of the central bank. But even doing so wouldn’t ...
Denmark's central bank cuts key interest rate by 25 basis points
Denmark's central bank cut its key interest rate by 25 basis points to 1.85% on Thursday, following the European Central Bank ...
European Central Bank cuts interest rates for the seventh time as global trade tensions escalate
The European Central Bank cut interest rates Thursday for the seventh time to counter worries about economic growth fueled by ...
European Central Bank expected to cut rates again amid worries about Trump’s tariffs
Worries about economic growth fueled by U.S. President Donald Trump’s tariff onslaught will likely push the European Central ...
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 ...
Fed's Hammack sees steady monetary policy as central bank seeks more data
Federal Reserve Bank of Cleveland President Beth Hammack said on Wednesday that high levels of uncertainty in the U.S.
Trade War to Weaken Global Growth and Increase Inflation, I.M.F. Warns
Kristalina Georgieva, the managing director of the International Monetary Fund, warned in a speech that protectionism erodes ...
Fed's Powell says central bank could face 'challenging scenario' due to tariffs
Federal Reserve Chairman Jerome Powell said in prepared remarks in Chicago that the central bank would wait for more data ...
Turkey's central bank surprises with 350-basis-point rate hike
Turkey’s central bank surprised markets on Thursday when it raised its key interest rate, the one-week repurchase rate, from ...
Trump’s threats to fire Fed chair put central bank’s independence into question
President Donald Trump suggested twice on Thursday he could remove the Federal Reserve’s Jerome Powell from his position as chair, a move that would shatter the U.S. central bank’s position ...
Trump says he's eager for Fed Chair Jerome Powell's 'termination'
The remarks came a day after Powell voiced alarm about Trump’s tariff policy, saying it would likely hike inflation and slow ...
European Central Bank cuts interest rates as tariffs threaten the economy
The European Central Bank cut its main interest rate by a quarter of a percentage point Thursday, citing growing trade tensions after US President Donald Trump’s tariffs sparked a global trade war.