Fed Chair Powell Warns of Higher Inflation, Slower Growth, Unemployment

Fed Chair Powell Warns of Higher Inflation, Slower Growth, Unemployment

The Federal Reserve held interest rates steady but said the risks of higher inflation and unemployment had risen, further clouding the economic outlook as the U.S. central bank grapples with the impact of Trump administration tariff policies. The economy overall has “continued to expand at a solid pace,” the Fed said in a policy statement, […]

Trump Warns Japan and China Over Currency Devaluation, Sparks Market Uncertainty

Trump Warns Japan and China Over Currency Devaluation, Sparks Market Uncertainty

U.S. President Donald Trump has issued a stern warning to the leaders of Japan and China, criticizing their currency devaluation practices and claiming that such actions are unfair to the United States. Trump’s remarks come amid growing concerns over the economic implications of weaker currencies, which he argues give these countries an unfair advantage in […]