Fed Official Still Bracing for Economic Shock Despite China Tariff Pause

Austan D. Goolsbee, president of the Chicago Fed, said there was still a risk of higher consumer prices and slower growth amid elevated uncertainty about the White House’s trade policy. Read More

Economic Concerns Are Mounting, but the Fed Isn’t Cutting Rates Proactively

The U.S. central bank is set to reinforce its wait-and-see approach at its meeting this week as President Trump’s tariffs begin to bite. Read More

Trump warns of economic slowdown unless Fed cuts rates, triggering selloff

The U.S. economy could slow unless interest rates are lowered immediately, President Donald Trump said on Monday, repeating his criticism of Federal Reserve Chair Jerome Powell, who says rates should ... Read More

Russian Central Bank Holds Key Rate Despite Fears of Economic Slowdown

The high lending rates have put increasing pressure on businesses, with top corporate leaders urging the central bank to ease monetary ... for months of an economic slowdown, citing falling ... Read More

China concerned about a slowing economy cuts lending rates to boost consumption

It should not come as a surprise then that China’s central bank cut its benchmark lending rates again last week amid concerns about an economic slowdown ... liquidity and limit Yuan appreciation ... Read More

Collections on millions of student loans risk slowing the economy, experts say

Defaulted loans will be sent ... risks contributing to an economic slowdown at a time when the U.S. faces an elevated risk of a recession, some experts told ABC News. Roughly 5 million borrowers ... Read More

$1 trn economy: Anaba charges banks to prioritise real-sector lending

Editor of Vanguard Newspaper, Eze Anaba, has charged Deposit Money Banks (DMBs) to prioritise lending to the real sectors of the economy, especially agriculture, manufacturing, Small and Medium ... Read More