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Federal Reserve governor Michelle Bowman says bank should consider cutting rate in July because tariff effects may be smaller than expected
EconomyFederal Reserve governor Michelle Bowman says bank should consider cutting rate in July because tariff effects may be smaller than expected
By Christopher Rugaber and The Associated PressJune 24, 2025
Russian President Vladimir Putin at an economic forum
PoliticsRussia’s economy boomed after the invasion of Ukraine—it’s now running out of steam
By Lily Mae LazarusJune 22, 2025
Speaker of the House Mike Johnson speaks at a podium with a placard reading "ONE BIG BEAUTIFUL BILL ACT." A portrait of George Washington hangs in the background.
FinanceGoldman Sachs says Trump’s spending plan won’t stop the national debt from hitting ‘unsustainable’ highs not seen since World War II
By Greg McKennaJune 19, 2025
Trump calls Fed chair Powell ‘stupid’ and ‘political’ after latest decision not to cut rates: ‘We have no inflation, we have only success’
PoliticsTrump calls Fed chair Powell ‘stupid’ and ‘political’ after latest decision not to cut rates: ‘We have no inflation, we have only success’
By Christopher Rugaber and The Associated PressJune 19, 2025
Participants of the G7 Finance Ministers and Central Bank Governors' Summit, including finance leaders and heads of international financial institutions, gather and prepare for the official family photo in Banff, Alberta, Canada, on May 21, 2025.
FinanceCentral banks have dumped $48 billion in Treasuries as foreign wealth officials divorce the dollar
By Greg McKennaJune 18, 2025
European Central Bank cuts rate to 2% amid struggling eurozone growth and stable inflation
PoliticsEuropean Central Bank cuts rate to 2% amid struggling eurozone growth and stable inflation
By Sam Reeves and AFPJune 5, 2025
A timeline depicting the failure of Silicon Valley Bank displayed during a House Financial Services Committee hearing in Washington, DC, US, on Wednesday, May 17, 2023.
FinanceBanks are sitting on $500 billion in unrealized losses, and stagflation could cause another Silicon Valley Bank-like crisis
By Greg McKennaMay 14, 2025
President of the Federal Reserve Bank of Chicago Austan Goolsbee
FinanceFed’s Goolsbee says it’s ‘not realistic’ to expect business or central banks to make major decisions
By Paolo ConfinoMay 14, 2025
Squaring the accounts of Kevin Warsh, whom Trump could pick as Fed chairman next year
CommentarySquaring the accounts of Kevin Warsh, whom Trump could pick as Fed chairman next year
By Jon HilsenrathMay 14, 2025
Federal Reserve Chair Jerome Powell walks to his left past several staggered American flags and flags with the emblem of the Federal Reserve.
FinanceJerome Powell says the Fed can afford to wait and see before cutting rates. Other economists aren’t so sure
By Greg McKennaMay 8, 2025
Bank of England cuts rates again, citing Trump tariff tensions and slower growth
FinanceBank of England cuts rates again, citing Trump tariff tensions and slower growth
By Ben Perry and AFPMay 8, 2025
Fed Chair Jerome Powell creates a space between his thumb and the index finger on his right hand as he speaks at a podium with an American flag in the background.
FinanceFederal Reserve doesn’t budge on interest rates as Trump tariff uncertainty still reigns
By Greg McKenna and Paolo ConfinoMay 7, 2025
Goldman Sachs expects China tariffs to drop soon. But the bank still puts the chance of a recession at 45%
FinanceGoldman Sachs expects China tariffs to drop soon. But the bank still puts the chance of a recession at 45%
By Alena BotrosMay 7, 2025
new graduate with head down sitting on stairs
EconomyU.S. student loan rate set to be 6.39%, extending borrower squeeze
By Claire Ballentine and BloombergMay 6, 2025
Investors worry about Fed independence as stocks rise in China and Japan
FinanceInvestors worry about Fed independence as stocks rise in China and Japan
By Ian MountMay 6, 2025
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