Federal Reserve officials who voted this week against the post-meeting statement said they didn't think it was appropriate to signal that the next interest rate move would be lower.Regional presidents Neel Kashkari of Minneapolis, Lorie Logan of Dallas and Beth Hammack of Cleveland released statements explaining their votes, offering similar...
Category: Economy
UK exports to U.S. plunge by 25% after Trump’s ‘liberation day’ tariffs blitz
US President Donald Trump (L) shakes hands with British Prime Minister Keir Starmer as they speak to reporters after meeting during the Group of Seven (G7) Summit at the Pomeroy Kananaskis Mountain Lodge in Kananaskis, Alberta, Canada on June 16, 2025. Brendan Smialowski | Afp | Getty ImagesU.K. goods exported...
Will rates go higher in Europe this week? Central banks confront stagflation threat
Mounted police officers sit in outside the Royal Exchange and the Bank of England in London on June 17, 2020.TOLGA AKMEN | AFP via Getty ImagesEurope's central banks are in focus this week as the European Central Bank and Bank of England release their latest monetary policy decisions against a...
Kevin Warsh gave his preferred way for measuring inflation. It could come back to bite him
Kevin Warsh, President Donald Trump's nominee for Federal Reserve chair, told lawmakers that he would like the central bank to change its strategy for measuring inflation.But Bank of America economist Aditya Bhave warned Wednesday that such a reconfiguration — part of a broader "regime change" that Warsh has promised for...
‘New cards on the battlefield’: U.S., Iran ratchet up rhetoric with peace talks in limbo
The front page of the Javan newspaper (L) and the front page of the Jam Jam newspaper, which features a cartoon of US President Donald Trump drowning in the Strait of Hormuz with the headline "Marine Bluff," are on sale at a newsstand in Tehran on April 13, 2026. Atta...