News

Fed minutes show narrow support for rate cut in July — but there’s a big divide brewing
Fed Governor Christopher Waller and Fed Vice Chair for Supervision Michelle Bowman have since said they felt rates could fall ...
Khaleej Times2h
Fed minutes show narrow support for rate cut later this month
Officials seemed in large part wary to change monetary policy while so much remained up in the air about the final tariff ...
Most Fed Officials Expect 2025 Rate Cuts Despite Tariff Inflation Concerns, Minutes Show
The minutes reveal more closely the behind closed doors thinking between the U.S.’ top policymakers with the Fed under ...
U.S. Fed minutes likely to shine light on divide over tariffs, rates outlook
The minutes from the U.S. Federal Reserve’s June policy meeting are expected to show a divided central bank wrestling with ...
U.S. consumer inflation expectations improve for year ahead, New York Fed says
U.S. consumers modestly lowered their expectations for inflation for the year ahead, while keeping longer-term expectations ...
Inflation expectations drift back down to pre-tariff levels, New York Fed survey shows
Fears earlier this year that President Donald Trump’s tariffs would result in a sharp inflation spike have completely receded ...
Argentina's Javier Milei Keeps Proving His Critics Wrong
With his chainsaw economics, Milei is jolting Argentina back to life. The economy grew at its fastest clip in nearly 20 years ...
New Council of Economic Advisers report finds tariffs not causing inflation
A new report from the Council of Economic Advisers found that the prices of imported goods have fallen this year and have declined faster than overall goods prices since February.
New Orleans CityBusiness7d
It’s a ‘sideways’ economy but not a recession yet, analysts say
New first-quarter data that became available last week showed the U.S. economy slowed further than analysts had initially ...
Dow jumps 400 points, S&P 500 closes flat to start new quarter as investors rotate out of tech
The Dow Jones Industrial Average rose on Tuesday as investors rotated out of technology stocks to kick off the second half of 2025.
Powell says Trump tariffs delayed rate cuts despite cooling inflation
Fed Chair says US interest rates would be lower if not for the inflationary impact of Donald Trump’s tariff plan.
Russia's Officials Keep Contradicting Putin on War Economy
Russia has faced economic turbulence caused by sanctions imposed after Putin's full-scale invasion of Ukraine that are aimed at choking Moscow's military machine. Strong GDP has been driven by high ...