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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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