News

Goolsbee says he hopes Fed maintains its monetary independence, citing credibility
Austan Goolsbee, the president and CEO of the Federal Reserve Bank of Chicago, said he hopes the Federal Reserve maintains ...
Dow tumbles 1,000 points and dollar hits three-year low as Trump continues to bash Fed Chair Powell
US stocks and the dollar tumbled Monday as investors assessed continued tariff uncertainty and the implications of President ...
Fed officials signal no plans to ride to the rescue with rate cuts
Federal Reserve policymakers worry U.S. President Donald Trump's trade policy could deal a blow to economic growth, but are ...
Fed Chair Lays Out Game Plan in Case of High Inflation and Slower Growth
Jerome H. Powell warned that President Trump’s tariffs could lead to a “challenging scenario” for the central bank.
Bank of Canada holds key interest rate steady at 2.75% amid U.S. trade uncertainty
Governor Tiff Macklem said the central bank hit pause to give itself time to assess the fallout from Trump’s erratic and ...
Fed minutes show broad sense US risks tilted towards higher inflation, slower growth
U.S. Federal Reserve policymakers were nearly unanimous at their meeting last month that the U.S. economy faced risks of ...
Fed chairman's hard-nosed message sends S&P 500 reeling
In a highly anticipated speech on April 16, Federal Reserve Chairman Jerome Powell delivered a blunt message, resetting ...