ECB cuts rates amid inflation goals; Trump critiques fed
On Thursday, the European Central Bank decided to lower interest rates by 0.25 percentage points. This action is justified by the expected achievement of the inflation target at 2 percent. After the announcement,
The Federal Reserve holds interest rates steady as inflation remains stubborn
The Fed held interest rates steady as it continues to combat inflation. President Trump wants to see lower rates, but some of his policies could fuel more price hikes.
Fed hits pause on interest rate cuts amid Trump’s flurry of economic plans
Consumers and traders are waiting to learn if the Fed’s pause is a one-meeting hold or the start of a longer stretch.
Trump: Fed failed to beat inflation, 'I will do it'
The president’s post suggests that he intends to continue his criticism of Fed Chair Jerome Powell on social media, which became a regular feature during his first term.
Fed Holds Rates Steady Amid ‘Elevated’ Inflation and Trump Uncertainty
Though the Fed and its chairman, Jerome Powell, repeatedly tout their independence from the political world, it is clear from comments from Fed officials that they believe inflati
Fed pauses interest rate cuts as inflation, Trump's plans create uncertainty
The Federal Reserve kept its key interest rate unchanged as officials grappled with uncertainty caused by inflation and President Trump's plans.
Transcript: The Fed ignores Trump’s calls to cut rates
This is an audio transcript of the FT News Briefing podcast episode: ‘The Fed ignores Trump’s calls to cut rates’ Sonja Hutson Good morning from the Financial Times. Today is Thursday, January 30th. And this is your FT News Briefing.
IMF's Georgieva on inflation: 'Remarkable how much progress the world has made'
Kristalina Georgieva, IMF managing director, speaks on a panel at the World Economic Forum in Davos, Switzerland.
Trump’s Inflation Fix Centers on Energy Emergency That Doesn’t Exist
Economists and analysts aren’t convinced that an expansion of oil and gas production will lower consumer prices.
At World Economic Forum, Trump’s tariff threat overshadows usual talk of climate, free trade
At the World Economic Forum, President Trump's return to the White House overshadowed traditional talk on climate change, ...
Inflation could drive bond yields to 20-year highs and shock the stock market, BlackRock chief Larry Fink says
Treasury yield surpassed 5%, it could "shock" the stock market and "force a revaluation," BlackRock's Larry Fink said.
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Chase CEO Jamie Dimon tells people worried about tariffs and inflation to ‘get over it’
I mean, get over it,” JPMorgan Chase CEO Jamie Dimon told CNBC on Wednesday from the World Economic Forum in Switzerland. “National security trumps a little bit more inflation.” ...
South African growth outlook has improved but inflation risks abound, central bank says at Davos
South Africa's economic outlook is better this year than last, but the inflation picture is more muddied as risks abound, its ...
World's biggest sovereign wealth fund warns markets at risk from tariff-fueled inflation
Inflation driven by U.S. tariffs is among the biggest market risks in 2025, Nicolai Tangen, CEO of Norges Bank Investment ...
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Nigeria’s high interest rate spread seen dragging GDP by 30%
High interest rate spread in Nigerian banks could potentially drag the country's economy by 20 to 30 percent, adding more ...