Fed's Williams sees no looming need to change monetary policy - Fox Business
By Michael S.
April 17, 2025By Michael S.
April 17, 2025Egypt's central bank lowered interest rates by 225 basis points on Thursday, its first cut since November 2020, a decision mostly driven by inflation plunging as uncertainty about
April 17, 2025Fact check: Trump falsely claims grocery prices are down
April 17, 2025Surging U.S. tariffs will weaken the global economy and push up inflation this year, according to projections to be released next week by the International Monetary Fund
April 17, 2025Ukraine's central bank kept its key interest rate unchanged at 15.5% on Thursday and said it expected consumer price inflation to start declining this summer.
April 17, 2025The European Central Bank cut interest rates as expected on Thursday, easing for the seventh time in the past year as U.S. tariffs and faltering business confidence sap already
April 17, 2025Investors who may have been hoping the Federal Reserve is poised to come to the aid of tariff-rattled markets took away an unwelcome message from the central
April 16, 2025Turkey's central bank hiked its key interest rate by 350 basis points to 46% on Thursday, in a surprise move that reversed an easing cycle and
April 17, 2025An aggressive U.S. tariff policy will trigger a significant slowdown in the U.S. economy this year and next, with the median probability of recession in the
April 17, 2025What matters in U.S. and global markets today By Mike Dolan, Editor-At-Large, Financial Industry and Financial Markets As the Federal Reserve takes a hawkish turn in the face of another Wall Street
April 17, 2025The Federal Reserve faces a complicated picture for policy decisions, Kansas City Federal Reserve Bank President Jeff Schmid said on Wednesday, noting that while he is hearing nervousness
April 16, 2025Fed Chair Powell gives starkest warning yet on potential economic consequences from tariffs
April 16, 2025By Michael S.
April 16, 2025U.S.
April 16, 2025The Federal Reserve can stay patient and wait to see how tariffs and other economic policies of the Trump administration play out before making any changes to interest rates, Chair Jerome Powell said Wednesday
April 16, 2025Thank you for the introduction. I am looking forward to our conversation, Professor Rajan. First, I will briefly discuss the outlook for the economy and monetary policy.
April 16, 2025Below are some key quotes from a news conference by Bank of Canada Governor Tiff Macklem and Senior Deputy Governor Carolyn Rogers on Wednesday after the central bank held its key
April 16, 2025The Bank of Canada released the following statement on Wednesday: "The Bank of Canada today maintained its target for the overnight rate at 2.75%, with the Bank Rate at 3%
April 16, 2025Argentina's libertarian President Javier Milei rolled the dice this week on a major economic swerve, tearing down currency
April 16, 2025The Bank of Canada released the following statement by Governor Tiff Macklem on Wednesday: "Good morning.
April 16, 2025If U.S. tariffs trigger a global trade war, inflation in Canada would spike and the country would enter a deep recession, according to a Bank of Canada scenario released
April 16, 2025U.S.
April 16, 2025Peru's economy grew 2.68% in February, data from the nation's INEI statistics agency showed on Tuesday, falling short of estimates despite most sectors logging growth.
April 15, 2025U.S. import prices unexpectedly fell in March, pulled down by decreasing costs for energy products, the latest indication that inflation was subsiding before
April 15, 2025Nigeria's headline consumer inflation edged up to 24.23% year-on-year in March from 23.18% in February, its statistics agency said on Tuesday.
April 15, 2025Canada's annual inflation rate fell to 2.3% in March from 2.6% in February, helped by lower gasoline and travel tour prices.
April 15, 2025Albertsons forecast annual profit below estimates on Tuesday as the company offers selective discounts and invests in its loyalty program to drive sales while inflation pressures consumer
April 15, 2025Canada's annual inflation surprisingly slowed in March to 2.3%, three notches below the prior month, largely helped by lower gasoline and travel tour prices, data
April 15, 2025Consumer price inflation in France was stable in March, in line with analysts' expectations and the preliminary reading, statistics office INSEE said on Tuesday.
April 15, 2025Erick Ojeda has no money
April 15, 2025Atlanta Federal Reserve Bank President Raphael Bostic said on Monday the uncertainty surrounding the Trump administration's tariff and other policies has put the economy into a "big pause,
April 14, 2025Canada's main stock index rose on Monday to an 11-day high, with financial and real estate shares leading broad-based gains as investors grew doubtful that hefty U.S.
April 14, 2025Brazil's economic growth is expected to slow down in the second half of 2025, encumbered by high interest rates and worries about the U.S.-led global trade shake-up, a
April 14, 2025Surrounded by hundreds of Barbies at her home in the northern Spanish port of Gijon, TikTok influencer and collector Noemi de Lama has shared the news with her followers that
April 14, 2025The Bank of Canada is likely to pause its rate-cutting cycle this week as rising inflation, weakened employment and U.S.
April 14, 2025Sony said it will hike the price of its PlayStation 5 (PS5) console in markets in Europe, Britain, Australia and New Zealand, citing high inflation and fluctuating exchange rates.
April 14, 2025Thailand's lower-than-expected March inflation rate was mainly due to lower energy prices and government policies to alleviate cost of living pressures, the commerce ministry said
April 14, 2025Bank of England interest rate-setter Megan Greene said on Saturday it was unclear what U.S.
April 12, 2025In December 1958, Argentina, battling inflation and weak reserves, agreed a $75-million loan with the International Monetary Fund, its first deal with the Washington-
April 12, 2025The price premium for gold in top consumer China above global benchmark spot prices widened this week due to consumers and investors seeking refuge
April 11, 2025Russian state statistical agency Rosstat raised its estimate of gross domestic product growth for 2024 on Friday to 4.3% from 4.1% earlier.
April 11, 2025President Javier Milei says that he will lift most of the country’s strict capital and currency controls next week, a high-stakes gamble made possible by a new loan from the International Monetary Fund
April 11, 2025By Michael S.
April 11, 2025St.
April 11, 2025US consumer sentiment plummets to second-lowest level on records going back to 1952
April 11, 2025Brazil's monthly inflation slowed in March as expected but the 12-month reading remained under pressure due to rising food prices, official data showed on Friday, adding to a tough
April 11, 2025Investors pulled out of U.S. bond funds heavily in the week ending April 9 in a broad selloff triggered by fears of a recession and concerns that the escalating U.S.-China trade war could
April 11, 2025Spain's European Union-harmonised 12-month inflation rate fell to 2.2% in March from the period through February, final data released by the National Statistics Institute, or INE, showed
April 11, 2025Japan's core inflation probably accelerated in March from the previous month as rice prices rose, a Reuters poll showed, a sign of persistent cost pressure that is likely to
April 11, 2025The Philippine central bank is taking a cautious approach to policy easing this year to avoid overheating the economy and reigniting inflation, which has been on a downward trend,
April 11, 2025By Michael S.
April 10, 2025The rising trend of Brazil's consumer prices likely slowed in March from February due to a moderation in energy costs, but food inflation probably remained high, a Reuters
April 10, 2025Higher-than-expected tariffs would "very likely" raise both unemployment and inflation, Dallas Federal Reserve President Lorie Logan said on Thursday in remarks that made clear her most
April 10, 2025Kansas City Federal Reserve President Jeff Schmid said on Thursday he will remain "squarely focused" on inflation and the risk new U.S. import taxes could
April 10, 2025Argentina's government expects the International Monetary Fund board will approve a $20 billion loan deal at the end of the week, a government spokesman said on Wednesday, in
April 09, 2025Federal Reserve policymakers worry U.S.
April 09, 2025U.S.
April 09, 2025Argentina's monthly inflation rate likely sped up to 2.6% in March, marking the second consecutive month on the rise, a median of analysts polled by Reuters
April 09, 2025Mexico's annual inflation sped up in March but remained within the central bank's target range, data released on Wednesday showed, giving credit to expectations that the
April 09, 2025Thousands of Greeks gathered in Athens on Wednesday to demand higher wages to cope with rising living costs and a one-day strike left
April 09, 2025The next round of Trump’s tariffs could hurt even more. Here’s what to expect
April 09, 2025Euro zone economic growth could fall much more from the impact of U.S. trade tariffs than initially estimated by the European Central Bank
April 09, 2025Downside risks have materialised since March that support the case for cutting interest rates at the European Central Bank's April meeting, ECB policymaker Olli Rehn said on
April 09, 2025Global markets were took a beating again on Wednesday as U.S.
April 09, 2025New Zealand's central bank cut its benchmark rate on Wednesday, as widely expected, signalling a greater readiness to lower borrowing costs further as the
April 09, 2025Chicago Federal Reserve Bank President Austan Goolsbee said on Tuesday that U.S.
April 08, 2025The Russian economy has slowed sharply in recent months, according to the latest economic data, and may be at further risk if a fall in oil prices and global
April 08, 2025Pushing a shopping cart down the aisle of a Walmart Supercenter, Thomas Jennings, 53, loaded up on juices, condiments and whatever he could think
April 08, 2025ATHENS -European Central Bank policymaker Yannis Stournaras said on Tuesday that likely higher inflation and a global trade war following U.S.
April 08, 2025The Swedish financial market is functioning well despite the recent global economic turbulence and the country is well placed to tackle turmoil, but the Riksbank is ready to act
April 08, 2025Indonesia's annual inflation rate was 1.03% in March, the statistics bureau said on Tuesday, missing market expectations and also staying below the central bank's target range for
April 08, 2025JPMorgan Chase CEO Jamie Dimon on Monday warned that trade wars could have lasting negative consequences, days after he and other U.S. bank CEOs
April 07, 2025BlackRock CEO Larry Fink said stock markets could fall 20% farther as steep U.S. tariffs lead some investors to believe the U.S. economy may already be
April 07, 2025President Donald Trump’s sharp tariff hikes last week have sent the stock market into a tailspin, raised alarm bells among Wall Street executives, and heightened many economists’ worries that the U.S. could tip into recession
April 07, 2025Federal Reserve Governor Adriana Kugler on Monday said that some of the recent rise in goods and market-services inflation may be "anticipatory" of the effect of the Trump administration's
April 07, 2025Canadian firms and consumers see a sharply higher chance of recession over the coming year as U.S.
April 07, 2025Market turmoil unleashed by U.S. trade tariffs has boosted the Swiss franc, piling pressure on the country's export-oriented economy and potentially pushing the Swiss
April 07, 2025In Bolivia's highland city La Paz, homemaker Angelica Zapata is coming to terms with a new inflation reality as prices rise at the fastest speed in almost two
April 07, 2025Argentina's mortgage market, for years almost non-existent due to spiraling triple-digit inflation and high borrowing costs, is starting to show signs of
April 07, 2025Singapore is expected to further ease monetary policy at next week's review, following a move in January, as U.S. tariffs against its trading partners cast a
April 07, 2025Australia will be able to manage the direct impact of U.S.
April 07, 2025India's economic growth could slow by 20-40 basis points in the ongoing financial year due to the latest U.S. tariffs, which would prompt deeper interest rate cuts by
April 04, 2025Japanese real wages dropped for a second straight month in February due to higher inflation, labour ministry data showed on Monday, amid broader worries in Japan about the impact of
April 06, 2025The biggest-ticket implications of President Donald Trump's tariff blitz understandably gain the most attention
April 06, 2025President Donald Trump's new tariffs mark an all-in bet that his economic vision will pay off for Americans
April 05, 2025Federal Reserve Chair Jerome Powell said that President Donald Trump's global tariffs are likely to cause a short-term increase in inflation. Powell said that the scope of Trump's tariffs are "significantly larger than expected," but emphasized that the central bank will work to prevent any price spikes caused by the tariffs from becoming an "ongoing inflation problem."
April 04, 2025Buying foreign? That’ll now cost Americans a lot more
April 05, 2025President Donald Trump's new tariffs are "larger than expected," and the economic fallout including higher inflation and slower growth likely will be as well,
April 04, 2025Steeper tariffs mean you’ll likely see higher prices from the grocery aisle to your next car repair
April 04, 2025US Fed Chair Jerome Powell says the Trump administration’s expansive new tariffs will likely lead to higher inflation and slower growth
April 04, 2025President Donald Trump's new tariffs are "larger than expected," and the economic fallout including higher inflation and slower growth likely will be as well,
April 04, 2025Jerome Powell warns on Trump’s tariffs: High inflation could be here to stay
April 04, 2025India's $283-billion IT sector should brace for a rough year ahead as tariffs are likely to stoke inflation in its key U.S. market and force clients to cut
April 04, 2025The U.S. reciprocal tariffs will stymie economic growth and lift inflation, forcing the Federal Reserve to start lowering interest rates from the end of this year, while the European
April 04, 2025New U.S. tariffs announced by President Donald Trump may delay, but likely won't derail, the Bank of Japan's plan to raise interest rates further as policymakers seek
April 04, 2025Swedish headline consumer prices fell 0.5% in March from the previous month and rose 2.3% from the same month a year earlier, flash figures from the statistics
April 04, 2025The rapid expansion in India's dominant services sector cooled slightly in March amid softer demand, despite firms raising prices at the lowest rate in three-and
April 04, 2025Countries around the world threatened to wage a trade war with the United States as President Donald Trump's
April 03, 2025Tunisians are embracing snails as a protein-packed alternative as the cost of red meat remains high
April 04, 2025Bank of Japan Governor Kazuo Ueda said on Friday the central bank will scrutinise the impact of U.S. tariffs on the country's economy when setting monetary policy,
April 03, 2025The Reserve Bank of New Zealand will cut interest rates by 25 basis points on April 9, according to economists polled by Reuters, who have held to
April 03, 2025By Michael S.
April 03, 2025He called it "Liberation Day," but President Donald Trump's Wednesday unveiling of reciprocal tariffs could cause political headwinds for his
April 03, 2025Businesses around the globe on Thursday faced up to a future of higher prices, trade turmoil and reduced
April 02, 2025Federal Reserve Vice Chair Philip Jefferson on Thursday said that with the economy in solid shape, tariffs already pushing upward on goods inflation, and higher-than-usual uncertainty over
April 03, 2025U.S.
April 03, 2025Investors are looking at ways to ward off economic pain now tariffs are here, seeking assets that can ride out a recession and higher inflation
April 03, 2025President Donald Trump is placing steep new tariffs on virtually all U.S. trading partners, stoking fears of rising prices for consumers and deepening trade wars
April 03, 2025ECB policymakers were already counting the potential cost of U.S. tariffs long before their introduction, arguing they would weigh on growth but have a more uncertain impact on
April 03, 2025Morgan Stanley said on Thursday it expects the U.S Federal Reserve will not cut rates this year due to potential elevated inflation levels on the back of Trump's latest tariffs.
April 03, 2025Central banks are expected to help keep gold's stunning rally going this year with buying aimed at further diversifying reserves away from the dollar due to risks
April 03, 2025U.S. businesses have talked a lot about tariffs in the past few months, but very few modeled for them in their earnings outlooks.
April 03, 2025European stock futures plunged on Thursday after U.S.
April 03, 2025European shares fell on Wednesday, weighed by losses in healthcare stocks, as investors awaited tariff plans from U.S.
April 02, 2025Japan is showing signs of sustainably achieving the central bank's 2% inflation target with robust consumption and capital expenditure likely to underpin the economy,
April 03, 2025Fact check: Trump’s false claims about tariffs and trade
April 02, 2025Traders boosted bets the Federal Reserve will start cutting interest rates in June and deliver a total of three quarter-point reductions to the policy rate by October, as U.S.
April 02, 2025Rising tariffs in the U.S. could feed into more prolonged inflation than might be expected, Fed Governor Adriana Kugler said on Wednesday, pushing back on
April 02, 2025Two of the five members of the Ghana central bank's Monetary Policy Committee (MPC) voted for its prime interest rate to be kept at 27% during the last meeting, at which the bank
April 02, 2025Gold prices extended gains on Wednesday to hover near all-time highs, boosted by safe-haven inflows after U.S.
April 02, 2025TRADING DAY Only 24 hours until Trump unveils new tariffs The first trading day of the quarter on Tuesday was a nervy affair ahead of U.S.
April 01, 2025Are you making changes because of tariffs? Tell us about it
April 02, 2025The U.S. administration's tariff hikes should not derail an ongoing decline in inflation in Europe, ECB policymaker Francois Villeroy de Galhau said on Wednesday, adding that the
April 02, 2025Brazil's industrial production unexpectedly fell in February from the previous month, official data showed on Wednesday, marking the fifth consecutive month without a positive
April 02, 2025U.S. tariff hikes may slow down world economic growth and fuel inflation, and oil prices could be lower than forecast for several years as a result of reduced global demand, the
April 02, 2025Ghana's annual consumer inflation slowed for a third straight month to 22.4% in March from 23.1% the previous month, as food price pressures eased, the statistics agency said on
April 02, 2025A majority of Brazilians now disapprove of President Luiz Inacio Lula da Silva's performance leading Latin America's largest economy, a fresh poll showed on Wednesday, as high
April 02, 2025At the end of last year, when Americans were still looking ahead to Donald Trump's second turn as president, most seemed right with the U.S.
April 02, 2025Japanese tyremaker Bridgestone said it plans to cut jobs at two factories in northern Spain in reaction to an adverse evolution of the European market and the rise of non-European
April 02, 2025Mexico's government sees its economy growing between 1.5% and 2.3% this year, down from a prior estimate of 2.0% to 3.0%, a draft budget from the country's finance ministry
April 01, 2025South Korea's consumer prices rose 2.1% in March from a year earlier, after a rise of 2.0% in February, government data showed on Wednesday.
April 01, 2025Chicago Federal Reserve Bank President Austan Goolsbee on Tuesday said while the "hard" data show the underlying U.S. economy is solid, the labor market strong, and inflation
April 01, 2025Peru's consumer prices rose in March for the second month in a row, but registered an annual slowdown, data published on Tuesday by national statistics agency INEI showed.
April 01, 2025Lackluster new U.S. jobs data and a weak report on manufacturing highlight an emerging concern among Federal Reserve officials that employment could slip even
April 01, 2025U.S. manufacturing contracted in March after growing for two straight months, while a measure of inflation at the factory gate jumped to the highest level in
April 01, 2025The American consumer is on the ropes. Tariffs — and anxiety — could deliver the knockout blow
April 01, 2025Australia's central bank on Tuesday left its cash rate steady as widely expected but took a small step towards further easing in a policy meeting
April 01, 2025Australian retail sales rose modestly for a second straight month in February as a long-awaited cut in interest rates combined with slower inflation to boost consumer sentiment and
March 31, 2025Colombia's central bank held the benchmark interest rate at 9.5% on Monday, surprising the market, which expected policymakers to resume cuts to
March 31, 2025Prices in British shops fell less in March than in February and are likely to climb soon due to the impact of a new tax on employers and other costs for retailers,
March 31, 2025President Donald Trump’s fast-approaching “Liberation Day” sent stock markets swinging sharply worldwide
March 31, 2025The dollar strengthened against the Japanese yen and the euro on Monday, but was set for its largest quarterly decline since July 2024, as uncertainty around U.S.
March 31, 2025Argentina's poverty rate fell sharply in the second half of 2024, the government's INDEC statistics agency said on Monday, a
March 31, 2025Colombia's central bank held the benchmark interest rate at 9.5% on Monday, surprising the market, which expected policymakers to resume cuts to borrowing costs despite inflation
March 31, 2025Inflation in Colombia likely eased in March, after increasing in the first two months of the year due to higher minimum wages and gas tariffs subsidies, a
March 31, 2025Brazilian central bank director Nilton David signaled on Monday that policymakers will monitor inflation expectations when determining their next steps, anticipating that inflation
March 31, 2025Average annual inflation in Poland will amount to 4.1% in 2025, and it will then slow to 3.2% in 2026 and 2.7% in 2027, according to forecasts published on Monday in the central
March 31, 2025High uncertainty, mainly due to U.S. trade policy announcements, means the European Central Bank needs to be cautious in reducing its interest rates, governing council member Fabio
March 31, 2025Recession odds are rising as Trump’s trade war escalates, Goldman Sachs says
March 31, 2025