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US Fed Holds Interest Rates, Defies Trump Tantrums
US Fed Holds Interest Rates, Defies Trump Tantrums
The US Federal Reserve on Wednesday decided to keep its base rates unchanged, as the US economy continues to remain stable and unemployment remains low, defying President Donald Trump's calls for more cuts.
Justin
Fed Holds Rates Steady, Sees 'Elevated' Inflation and Stabilizing Job Market
Fed Holds Rates Steady, Sees 'Elevated' Inflation and Stabilizing Job Market
"Economic activity has been expanding at a solid pace," Fed policymakers said in the statement after voting 10-2 to hold the U.S. central bank's benchmark interest rate in the 3.50%-3.75% range following a two-day meeting.
Manuel
Fed Holds Interest Rates Steady, Citing Stubborn Inflation
Fed Holds Interest Rates Steady, Citing Stubborn Inflation
The Fed held rates steady, revealing a divided committee and an uncertain policy path amid persistent inflation.
Liam Peterson
US & Denmark Launch Talks Over Greenland's Future
US & Denmark Launch Talks Over Greenland's Future
US, Denmark, Greenland launch formal talks to resolve territory standoff, a strategic shift amidst persistent discord.
Isaac Bennett
Trump's Fed Chair Pick: 4 Contenders Still in the Race
Trump's Fed Chair Pick: 4 Contenders Still in the Race
The Fed Chair selection nears conclusion as Trump considers four candidates, with Secretary Bessent advising.
Henry Thompson
Brazil's Public Debt to Swell by Up to 19% This Year
Brazil's Public Debt to Swell by Up to 19% This Year
Brazil's public debt is projected to surge to nearly $2 trillion amid record interest rates and election volatility, spurring a new financing strategy.
Michael Ross
Threat to Fed's Independence Boosts Economic Uncertainty, Says Bank of Canada Head
Threat to Fed's Independence Boosts Economic Uncertainty, Says Bank of Canada Head
Bank of Canada senior deputy governor Carolyn Rogers said a strong Fed benefited virtually every economy in the world because it kept markets and inflation stable.
Manuel
Ecuador's Bond Sale: A Blueprint for Argentina's Return?
Ecuador's Bond Sale: A Blueprint for Argentina's Return?
Ecuador's bond deal signals Argentina's market reentry, balancing urgent debt maturities with reserve needs.
Winkelmann
Venezuela's Oil Comeback: High Hopes, Hard Reality
Venezuela's Oil Comeback: High Hopes, Hard Reality
Venezuela's colossal oil potential is shadowed by a collapsed industry, needing billions and facing deep skepticism for recovery.
Dark Current
ECB Confronts Strong Euro, Pushes Digital Currency
ECB Confronts Strong Euro, Pushes Digital Currency
ECB officials are increasingly concerned that the euro's recent strength could undermine inflation targets, poised to significantly influence upcoming interest rate decisions.
Alexander
Trump Aims to Revive Nuclear Power by Easing Safety Rules
Trump Aims to Revive Nuclear Power by Easing Safety Rules
The U.S. plans to ease nuclear radiation limits per a Trump order, sparking debate on industry revival versus public health risks.
Isaac Bennett
Fed Meeting Today: Central Bankers Likely Won't Move Interest Rates, But Sparks May Still Fly
Fed Meeting Today: Central Bankers Likely Won't Move Interest Rates, But Sparks May Still Fly
The Federal Reserve is expected to keep its influential fed funds rate unchanged this afternoon, after cutting in each of its last three meetings. Central bankers will release a written statement outlining their decision at 2 p.m. Eastern Time.
Justin
Japan Eyes US Diamond & Power Deals in $550B Investment Plan
Japan Eyes US Diamond & Power Deals in $550B Investment Plan
Japan's $550B US investment kicks off, prioritizing synthetic diamonds for supply chains and Hitachi-led power grid upgrades.
King Ten
EU's 'Two-Speed' Future: Six Nations Forge New Alliance
EU's 'Two-Speed' Future: Six Nations Forge New Alliance
Major European economies form a coalition, bypassing EU bureaucracy to accelerate progress on defense and economic fronts.
Michael Ross
India's Record Oil Imports Signal Shift Away From Russia
India's Record Oil Imports Signal Shift Away From Russia
US sanctions force India's record oil imports, pivoting from Russian crude to diverse global sources.
Daniel Foster
Trump's Weak Dollar Stance Hides a Major Risk for Investors
Trump's Weak Dollar Stance Hides a Major Risk for Investors
Trump welcomes a weaker dollar, but investors fear it signals eroding confidence and rising debt costs.
Benjamin Carter
Rubio Details US Grip on Venezuelan Oil, Threatens Force
Rubio Details US Grip on Venezuelan Oil, Threatens Force
US unveils post-Maduro Venezuela strategy: diplomacy, military threat, and controversial oil control.
James Riley
South Africa Appoints Judge To Chair Inquiry On Iran Naval Drill
South Africa Appoints Judge To Chair Inquiry On Iran Naval Drill
South Africa appointed a retired judge to chair an inquiry into Iran's participation in naval drills off the coast of Cape Town this month.
Daniel Carter
Trump to Iran: Nuclear Deal Clock is Ticking
Trump to Iran: Nuclear Deal Clock is Ticking
Trump threatens Iran with military action; Tehran vows fierce response amid brutal domestic crackdown.
Isaac Bennett
Trump Pitches Economic Boom Ahead of Midterms
Trump Pitches Economic Boom Ahead of Midterms
Trump pivots to economic boasts for midterms amid backlash over agent shootings, yet data reveals uneven gains and public skepticism.
Nathaniel Wright
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