Fear of inflation is keeping the 10-year yield elevated despite Powell’s possible cuts. Not since the financial crash has the US lowered rates while prices were rising
Trump’s interventionist approach to companies and markets is more reminiscent of the Chinese model than of American liberalism
The embattled official claims the US president lacks the authority to remove her from office
The firing of a Federal Reserve governor is a serious step in the implementation of a populist economic agenda with serious consequences both inside and outside the United States
Inflation, financial bubbles and fiscal imbalances are the possible consequences of a politically motivated rate cut
Military deployments in cities, a heavy-handed approach to immigration and allusions to dictators exacerbate the US president’s interventionist attitude
Economist Lisa Cook, accused of lying on a mortgage application, refuses to step down and argues that the White House has no legal grounds to fire her
With his replacement, and that of the Fed governor whose resignation paves the way for Powell’s succession, the US president could consolidate his economic agenda for the remainder of his term
The Republican president’s fixation on getting rid of Jerome Powell early and drastically lowering interest rates is putting the US economy at risk
Economists viewed this data as the first clear sign that Washington’s trade war is starting to affect consumer prices
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