Tag: U.S. economy
Trump Slams Fed Chair Powell Again: ‘I’d Fire Him’
U.S. President Donald Trump intensified his criticism of Federal Reserve Chair Jerome Powell on Wednesday. He argued that Powell has been too slow to...
Gold Drops as Fed Rate Cut Hopes Fade, but Week Still...
Gold prices fell on Friday, giving back earlier gains as expectations for a Federal Reserve rate cut in December continued to fade. Lower chances...
Gold Edges Higher on Economic Fears as Rate-Cut Bets Cool
Gold prices rose during Asian trading on Friday as growing uncertainty around the U.S. economy encouraged investors to seek safety in the metal. However,...
Weak Job Market Sets Stage for December Fed Rate Cut
Fed Expected to Cut Rates Again in December as Job Market Weakens
The U.S. Federal Reserve is expected to lower its key interest rate by...
Can Trump’s Global Tariffs Survive the Supreme Court?
Supreme Court Questions Trump’s Authority on Global Tariffs
The U.S. Supreme Court justices raised serious doubts on Wednesday about the legality of President Donald Trump’s...
Fed Hawks Warn: Inflation Too High for More Rate Cuts
Fed Hawks Push Back on Rate Cuts, Cite High Inflation and Strong Jobs Market
Two regional Federal Reserve officials voiced sharp opposition on Friday to...
U.S. Inflation Edges Higher to 3.0% in September
U.S. Inflation Rises 3.0% in September, Slightly Below Forecasts
U.S. consumer prices increased by 3.0% year-over-year in September, rising slightly faster than August’s pace but...
U.S. Growth Gains Momentum While Outlook Darkens
U.S. Business Activity Accelerates in October as Outlook Weakens
U.S. business activity gained momentum in October, driven mainly by growth in the services sector, according...
Inflation Miss Pushes Fed Toward Deeper Rate Cuts
Fed Expected to Deliver More Rate Cuts as Inflation Eases Slightly
The Federal Reserve is expected to cut interest rates by a quarter point at...
Inflation Data Delay Expected, Warns White House
White House: Inflation Data Unlikely to Be Released Next Month Amid Shutdown
The White House announced on Friday that inflation data will likely not be...
