High Inflation Sows Debate About New Fed Playbook for Tariffs
Fresh tariffs amid high inflation are making the Fed’s job uniquely difficult and feeding uncertainty about what to expect ...
Trump imposes tariffs on Canada, Mexico and China, raising prospect of inflation and trade conflict
New trade penalties against Canada, Mexico and China that President Donald Trump plans to impose represent an aggressive ...
Bank of England expected to cut interest rates again as UK economy stagnates
The BoE is also grappling with sagging UK business confidence and surveys point to corporate redundancies. Data suggests the UK economy probably failed to grow in the final months of 2024.
Trump faces backlash from business as tariffs ignite inflation fears
Donald Trump faced a backlash from business groups and some in his own Republican party after kicking off a trade war by imposing steep tariffs on three of the US’s largest trading partners.
Fed hold rates steady, sees inflation as ‘elevated,’ as Powell declines comment on Trump
President Donald Trump may want lower interest rates, but the Federal Reserve will almost certainly keep its benchmark ...
Federal Reserve holds interest rates steady as inflation remains above 2%
The Federal Reserve opted to leave its benchmark interest rate unchanged in its first policy meeting since President Trump's ...
Is the US jobs market still looking solid?
Last week the Federal Reserve described the US labour market as “solid” and noted that the unemployment rate had stabilised. This week’s monthly jobs report on Friday will put that view to the test.
The Financial Times10d
People are getting Trump and inflation wrong
Donald Trump made a specific pledge on inflation many times during his presidential ... the global central bank Network for Greening the Financial System (NGFS), saying it was “increasingly ...
Bank of Japan raises policy rate to 0.5% and signals further increases
In a well-trailed move, the Bank of Japan on Friday raised the policy rate by 0.25 percentage points, taking it to 0.5 per ...
Market talk
The US labour market is also in focus next week with an update on hires and fires over December on Tuesday. Payroll data for January also arrives on Friday with 170,000 non-farm jobs expected to have ...