Another senior figure at the Federal Reserve is departing, as Atlanta Fed President Raphael W. Bostic has announced his retirement for February. This adds to the recent turnover at the …
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Federal Reserve
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The Federal Reserve is prioritizing long-term stability over short-term pressure from Donald Trump, with Chair Jerome Powell defending the decision to hold interest rates. Powell emphasized that the Fed is …
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Treasury Chief Warns U.S.-China Trade War ‘Unsustainable’ as Trump Pushes Fed to Cut Rates
by admin477351In a closed-door speech for JPMorgan Chase, U.S. Treasury Secretary Scott Bessent warned that the escalating trade war with China is “unsustainable” and expects a “de-escalation” between the two global …
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Markets Rebound After Tariff Shock, But Volatility Looms Amid Escalating US Trade War
by admin477351Global stock markets staged a sharp recovery on Tuesday after a dramatic sell-off triggered by escalating tariff tensions, but analysts warned that renewed volatility is likely as the U.S.-led trade …