
Federal Reserve maintains rates and expects only two cuts this year despite pressure from Trump
The US central bank extends the pause as the Republican calls its chair, Jerome Powell, ‘stupid’
The US central bank extends the pause as the Republican calls its chair, Jerome Powell, ‘stupid’
Consumer prices increased 2.4% in May compared with a year earlier. The data point is better than expected, but does not suggest immediate interest rate cuts
Employment data was better than anticipated, and the central bank is expected to hold off on making a move despite the tariff storm
Gross domestic product shrank at an 0.3% annual rate due to the trade war and the distrust and uncertainty generated by the president
The US president derided migrants and joked about his opponents at an event outside Detroit that had all the ingredients of a campaign rally
Pressure from markets and businesses is forcing the US president to back down on issues such as tariffs and his desire to fire the head of the Federal Reserve
The international organization notably scaled down its prediction for US growth and warned that ‘we are entering a new era’
The IMF revises global economic forecasts downwards due to Trump’s trade war while the ECB cuts interest rates for the sixth time
Although the president lacks the legal authority to remove Jerome Powell, he continues to exert pressure on the Fed chair to lower interest rates
Forecasts from major international organizations warn of the impact of the US president’s economic policies on the exchange of goods
The US president will symbolically declare a trade war on his partners this Wednesday with what he inaccurately calls reciprocal tariffs
Uncertainty about the tariffs to be applied and possible retaliation from its trading partners is already having an impact on the economy
The impact of Trump’s policies, particularly in trade, loomed over a news conference where Chairman Jerome Powell used terms that he had been avoiding in recent times
The world’s largest economy has seen 48 consecutive months of job creation, leaving the unemployment rate at 4.1%
The outgoing president defended his legacy in a speech at the Brookings Institution and questioned measures proposed by his successor, including tariffs and tax cuts
The U.S. central bank sticks to the script and cuts interest rates by 0.25 percentage points
The 0.2% rise in prices from August to September was higher than analyst expectations, but it reinforces the idea that the Federal Reserve will not continue to cut rates aggressively
The unemployment rate drops to 4.1% after 254,000 jobs were created last month. The figures reflect an economy in good shape with a month to go to the election
Powell signals a half-a-point reduction to the key benchmark rate, not out of fear of a recession but as part of his soft landing strategy
Investors had been divided on whether the first cut of the new cycle would be aggressive or moderate
The data point paves the way for the interest rate cut that the Federal Reserve is expected to approve next week
Employment creation in August was weaker than expected, according to the latest report from the Bureau of Labor Statistics, which could lead to the Fed slashing rates by half a point instead of a quarter point
Jackson Hole meeting confirms that central banks’ concerns have shifted from prices to employment and economic activity in search of an elusive soft landing
The violent reaction to employment data reflects lingering tensions in Wall Street, as well as valuations that may face a severe correction
Market consensus continues to point to September as the most likely moment for the price of money to go down
GDP grew at an annualized rate of 2.8%, double that of the first quarter, showing unexpected resilience despite the higher borrowing costs
The U.S. stock market is at an all-time high, driven by technology shares. Analysts continue to consider equities as being the best investment option for the second-half of the fiscal year