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Trump also commented on Powell while taking reporters’ questions from the Oval Office later Thursday. After touting lower ...
Growing recession risks to Canada from the U.S.-led trade war will push the Bank of Canada to cut interest rates at least ...
If President Donald Trump’s large tariffs remain in place for some time, the economy is likely to slow to a crawl, Federal ...
Ally Financial Inc (ALLY) reports solid earnings with robust auto finance performance and strategic divestitures, despite ...
A further quarter point cut in European Central Bank (ECB) interest rates is seen as almost certain on Thursday, as policymakers fear Donald Trump’s sweeping tariffs risk pushing the bloc into ...
If the Fed chair strikes a hawkish tone, signaling higher-for-longer interest rates, risk assets such as cryptocurrencies could face short-term selling pressure. On the other hand, if Powell takes ...
Premature cuts to interest rates risk unpicking the BoE its efforts to tame high inflation. “While headline inflation has fallen to 3.2%, which is still above the 2% target, wage growth appears ...
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Traders saw the all-clear on Thursday from the European Central Bank to bet on even steeper interest rate cuts ahead, ...
The Canadian dollar seems more sensitive to the US dollar's broad direction than short-term interest rates, risk-appetites as reflected by the performance of equities, or oil prices. The global ...
"If we get inflation, the Fed will be behind the curve," top economist Adam Posen warned.
Jerome H. Powell warned that President Trump’s tariffs could lead to a “challenging scenario” for the central bank.