Latest Updates Around The World
German government bond yields fell in early trading on Monday, in contrast to US government bond yields, which rose after the Trump administration threatened Chairman Jerome Powell with criminal charges, again making investors nervous about the independence of the world’s most powerful central bank.Powell said Sunday that the Fed has received subpoenas from the Justice […]
“This is about whether the Fed will be able to continue setting interest rates based on evidence and economic conditions – or whether monetary policy will instead be guided by political pressure or intimidation,” Powell says in the video. The subpoenas are the latest move in the Trump administration’s pressure campaign to get Powell to […]
A drop in the unemployment rate could ease concerns at the U.S. central bank about labor market weakness, with traders betting that Federal Reserve Chairman Jerome Powell has made his last rate cut before his term ends in May and that any further policy easing remains in the hands of whomever President Donald Trump appoints […]
December 17, 2025 Image source: Pavel Kot/www.istockphoto.com The US Federal Reserve’s Open Market Committee, at its December 2025 meeting, cut the Fed Funds rate by 25 basis points (bps), which now stands at 3.5-3.75%, as expected. This decision was made as job growth slowed and unemployment rose. The Federal Reserve also noted that while U.S. […]
Federal Reserve Bank of Cleveland President Beth Hammack said Friday that, given her own view of the economy, she would prefer monetary policy to be tighter than it currently is. The Fed’s rate cut this week, along with earlier easing this year, keeps interest rate policy “around a neutral” level, Hammack said at an event […]
Global equities are expected to end the week on a positive note as investors reacted to the latest policy move from the US Federal Reserve, which came slightly later than expected but had a tone interpreted by many on the Street as friendlier than feared. The latest rate cut was seen as less aggressive than […]
US Federal Reserve Chairman Jerome Powell The US central bank’s interest rate policy is well positioned to wait and respond to the way the economy is developing. This could be seen as an indication of a pause in rate cuts at the upcoming FOMC meeting.“We are well positioned to determine the extent and timing of […]
Topline The Federal Reserve opted to cut interest rates on Wednesday, its third straight vote in favor of a cut, as Wall Street expected the central bank to take a cautious approach to monetary policy next year. Betting markets and brokers are predicting a third Fed rate cut this year. Getty Images Key facts The […]
The US Federal Reserve is widely expected to cut borrowing costs this week, but deep divisions within the policy panel suggest further rate cuts will be harder to achieve, analysts say.Policymakers will meet on December 9 and 10 in a complicated economic context, with inflation still above the Fed’s 2% target even as the workforce […]
Trump’s criticism of the Fed has received support from other allies Federal Agency for Housing Financing Director Bill Pulte has called for Powell’s resignation. Powell, meanwhile, has maintained a cautious approach through 2025, citing uncertainty over government-imposed rates. The Fed cut its key interest rate by 25 basis points in September and October. Economists expect […]
