UmairEuro zone inflation, January 2025
A person buys products at a Mercadona store in Lisbon, Portugal, on January 25, 2025. Luis Boza | Nurphoto | Getty Images The euro zone inflation accelerated to a hotter-than-expected…
Trump tariffs on Canada and Mexico could drive up the cost of these products
Americans could soon be paying more for everything from automobiles to avocados if the Trump administration proceeds with its plan to slap stiff new tariffs on the nation’s three largest trading partners…
What are tariffs? Here’s everything you need to know about the import duties.
President Trump, an avowed fan of tariffs, is set on Feb. 1 to unleash a wave of new import duties on America’s three closest trading partners — Mexico, Canada and China. …
Fed’s Powell has had no contact with Trump after president said he’ll demand rates drop
Federal Reserve Chair Jerome Powell said Wednesday he has not spoken to President Donald Trump since the newly inaugurated president told business leaders he would demand the central bank lower…
Federal Reserve holds interest rates steady as inflation remains above 2%
The Federal Reserve said Wednesday that it will leave its benchmark rate unchanged, hitting the brakes on lowering borrowing costs for individuals and businesses after a flurry of rate cuts…
Fed holds rates steady, takes less confident view on inflation
The Federal Reserve held its key interest rate in check Wednesday, reversing a recent trend of easing policy as it examines what is likely to be a bumpy political and…
European Central Bank to cut rates again with Trump threat in focus
The European Central Bank is widely expected to kick off its 2025 meetings with another interest rate cut on Thursday, as traders aim to gauge how far the central bank…
Fed meets for first time since Trump’s term started. What to expect
US Federal Reserve Chairman Jerome Powell speaks at a press conference after the Monetary Policy Committee meeting in Washington, DC, on December 18, 2024. Andrew Caballero-Reynolds | AFP | Getty…
The Fed is set to hit the pause button on rate cuts, for now. Here’s the impact on your money.
Borrowers hoping for more financial relief from the Federal Reserve may have a wait on their hands, as the central bank is expected to hit the pause button on additional…
Trump ordered the U.S. government to lower prices for Americans. Can he deliver?
How will a Trump second term impact the economy? How will a Trump second term impact the economy? 02:47 President Trump, who while campaigning vowed to end the “inflation nightmare,”…
