News

Fed board member Waller sees stagflationary impact of tariffs
Christopher Waller, a member of the Federal Reserve’s board of governors, painted a stagflationary picture of President Trump ...
Trump Lashes Out at Fed Chair for Not Cutting Rates
The president said that Jerome Powell has been too hesitant to cut interest rates, and “he should certainly lower them now.” ...
Brazil economy set to decelerate in second half of 2025 on high interest rates, trade worries: Reuters Poll
Brazil's economic growth is expected to slow down in the second half of 2025, encumbered by high interest rates and worries ...
Turkey’s central bank hikes key interest rate to 46% amid political turmoil and global tariffs
ISTANBUL (AP) — Turkey’s central bank raised its key interest rate by 3.5 percentage points on Thursday, halting a ...
The European Central Bank cuts interest rates as tariffs threaten the economy
The European Central Bank cut its main interest rate to 2.25% from 2.5% Thursday, citing worries about rising trade tensions as Donald Trump’s tariffs have sparked a global trade war. The ECB said in ...
South Korea holds rates as Trump tariffs heighten economic risks
South Korea's central bank left its policy interest rate unchanged as expected on Thursday, a decision designed to aid a ...