Big central banks start 2025 heading in different directions
The first central bank meetings of 2025 suggest it will be a year in which policymakers go their own way as economic paths ...
Fed leaves rate unchanged, points to stubborn inflation
The Federal Reserve left its benchmark interest rate unchanged Wednesday after cutting it three times in a row last year, a ...
Yen edges up against euro, dollar as rate outlooks diverge
The yen made broad gains on Thursday as Japan looks on track to keep raising interest rates while others cut, with the ...
Canada’s social-democrats advocate “national unity” to wage tariff war on US
The impending Canada-US trade war is a reactionary conflict between rival imperialist powers that will be waged at the ...
Takeaways from Lutnick confirmation hearing for commerce secretary
In a hearing before the Senate Commerce Committee, Howard Lutnick was asked about an array of policy matters including tariffs, China, inflation, and more.
Will Canada and Mexico tariffs hit? Trump official says they're avoidable or possibly short term.
President Donald Trump's nominee for commerce secretary, billionaire financial-services executive Howard Lutnick, made an effort Wednesday to ease concerns about potentially inflationary 25% tariffs ...
Stock Market Today: Dow, S&P 500, Nasdaq down, bond yields rise as Fed leaves rates unchanged; earnings from Microsoft, Meta and Tesla loom
Investors react to the Federal Reserve's policy decision and Chairman Jerome Powell's press conference, as well as results ...
The Fed holds interest rates steady in its first decision of the year
Amid pressure from President Donald Trump to keep lowering interest rates, the Federal Reserve held steady.
Howard Lutnick, Trump Commerce secretary pick, says it's 'nonsense' that tariffs cause inflation
President Donald Trump’s nominee to lead the Commerce Department, Howard Lutnick, told senators the argument that tariffs ...
The Fed is getting a warning from another central bank about Trump's tariff plan
The central bank's willingness to go into great detail about how a trade war might unfold stands in contrast to the more careful stance taken by Federal Reserve officials toward President Donald Trump ...
Bank of Canada cuts rates, says tariffs could stoke persistent inflation
The Bank of Canada on Wednesday trimmed its key policy rate by 25 basis points to 3%, cut growth forecasts and said it was ...