Tariffs
The US Federal Reserve may limit economic harm from tariffs by choosing not to respond to rising inflation with higher interest rates, a leading central banking authority has suggested. The Bank for International Settlements has proposed that the US authorities consider "looking through" the inflationary impact of President
Tariffs
US producer inflation surprisingly dropped 0.1% in August, contradicting forecasts and sparking a heated exchange between President Donald Trump and Federal Reserve Chair Jerome Powell. Trump declared "No Inflation!!!", urging the Fed to lower interest rates, while Powell warned of the lingering effects of tariffs on the
Inflation (Economics)
The South African Reserve Bank (Sarb) is expected to keep the repo rate unchanged at 7% when the Monetary Policy Committee (MPC) meets on 18 September, following a series of interest rate cuts earlier this year. Economists and market watchers anticipate a steady rate, while acknowledging that there is still
United States. Federal Reserve Board
The US President's efforts to pressure the Federal Reserve to cut interest rates may backfire spectacularly, economists have warned, as his attacks on the central bank's independence lead to a widening gap between two- and 30-year Treasury yields, and a weaker dollar. Trump's criticism
United States. Federal Reserve Board
Central banks, such as the Federal Reserve in the United States, are responsible for managing a country's currency and monetary policy. This means they have the power to affect economic growth, inflation, employment, and financial stability. Yet, politicians often try to exert influence over these institutions, which can
United States. Federal Reserve Board
The ongoing turmoil at the US Federal Reserve has seen a widening gap between long and short-term US government debt yields, reaching its highest point in three years. This development comes as a result of investors' skepticism over President Donald Trump's ability to influence the central bank&
United States. Federal Reserve Board
The current economic conditions in the United States have created a challenging environment for farmers and ranchers, with inflation and interest rates impacting their ability to grow crops and care for livestock. According to the Federal Reserve, a healthy level of inflation is around 2%, but the recent rate of
United States. Federal Reserve Board
Federal Reserve Chair Jay Powell's speech at this year's Jackson Hole economic symposium was characterized by a risk-averse approach, largely focusing on the short-term outlook for monetary policy and downplaying the structural evolution of the US economy. Powell's address failed to provide a moment
Tariffs
Federal Reserve Chairman Jerome H. Powell's speech at the annual economic symposium in Jackson Hole, Wyoming, has sparked hopes of a potential rate cut as soon as next month. However, he also warned against an increasingly gloomy economic outlook, which he attributed in part to tariffs imposed by
Tariffs
Federal Reserve Chair Jerome Powell on Friday opened the door slightly to lowering a key interest rate in the coming months, citing a need to balance the risks of rising unemployment and stubbornly higher inflation. In a high-profile speech, Powell emphasized the complexity of the Fed's decision-making process,
Economic growth
European equities are facing a mixed outlook as investors navigate improving consumer sentiment in the UK and easing consumer price inflation in Japan. The attention is now shifting to key economic indicators, including German economic growth data and French business confidence figures set to be released later in the week.
Economic growth
Nigeria's manufacturing sector is experiencing persistent challenges, with rising costs and weak foreign direct investment (FDI) hindering economic growth. Despite a recent easing of headline inflation, the Lagos Chamber of Commerce and Industry (LCCI) has raised concerns over the structural issues undermining the sector. The director general, Dr.
