Charting the Global Economy: Weak Jobs, Steady Inflation Seal Fed Rate Cut

A record downward revision to annual US job growth, paired with no surprises in the latest inflation data, sealed the deal for the Federal Reserve to cut interest rates next week. Read More

Charting the Global Economy: Weak US jobs data to prod Fed rate cuts

Concerns about a potential US labor market downturn intensified following disappointing employment data, increasing expectations for Federal Reserve interest rate cuts. Globally, factory activity ... Read More

ECB's Lagarde warns of risk to world economy via Trump interference on Fed

If U.S. President Donald Trump removed Federal Reserve Chairman Jerome Powell or Fed governor Lisa Cook, then this would represent a "very serious danger for the U.S. economy and the world economy", ... Read More

Seeking to Control the Fed, Trump Risks Upending a Pillar of the Global Economy

President Trump’s attempt to fire Lisa Cook, a Fed governor, will set off a long legal battle. Economists warn it could lead to higher inflation and government borrowing costs. By Ben Casselman Colby ... Read More

World leader issues warning to Trump on Fed independence

A key leader in the world economy is warning that undue interference in the Federal Reserve's operations by President Donald Trump could pose a serious economic risk to the U.S. and the rest of the ... Read More

Trump’s awful assault on the Fed: Effort to fire Fed Governor Lisa Cook attacks both economy and rule of law

Donald Trump’s attempt to take control of the independent Federal Reserve is both legally wrong and economically disastrous. He must be stopped. The Fed determines monetary policy by setting interest ... Read More

Steady economic outlook brings end to ECB rate cuts, economists say: Reuters poll

The European Central Bank is done cutting interest rates as a steady economic outlook and near-target inflation put the central bank in a comfortable place, according to a majority of economists ... Read More

Fed Chair Jerome Powell signals job market, inflation outlook could allow for interest rate cut

Federal Reserve Chair Jerome Powell on Friday said that the "balance of risks appears to be shifting" in the U.S. economy, as central bank policymakers weigh labor market conditions and inflation data ... Read More