News

Trump says Powell costs US $900B a year in interest by not cutting rates. Is he right?
President Trump says Fed rate cuts would save the government as much as $900 billion a year in interest payments on its debt.
3 Smart Moves to Make Before Interest Rates Fall Again
The Federal Reserve may cut interest rates later this year, which would mean lower rates on savings, loans, and more. Here ...
Trump tariffs have delayed interest rate cuts, Federal Reserve Chair Jerome Powell says
Federal Reserve Chief Jerome Powell said it is premature to lower interest rates, citing the potential impact of tariffs.
Fed Chair Powell resists Trump pressure, will wait on rate cuts amid tariff uncertainty
The Fed Chair on Tuesday reiterated the central bank plans to "wait and learn more" about the impact of tariffs on inflation ...
Poland's July Rate Cut Not the Start of a Cycle, Central Bank Chief Says
"Further decisions will depend on incoming information, we are not announcing a path of rate cuts, this is not the beginning ...
Despite Pressure From Trump, Powell Remains Patient on Rate Cuts
Jerome H. Powell, the chair of the Federal Reserve, defended on Tuesday the central bank’s wait-and-see approach to cutting ...
Australian Household Spending Jumps Suddenly on Rate-Cuts Boost
SYDNEY--Australian consumer demand showed signs of life in May as the impact of interest-rate cuts over recent months drove a jump in spending. Household spending rose 0.9% in May, the Australian ...
Philippine annual inflation quickens slightly, but no bar to more rate cuts
By Mikhail Flores and Karen Lema MANILA (Reuters) -Philippine annual inflation quickened slightly in June, driven by ...