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LN24 > Blog > world economy
15
May

Jerome Powell Steps Down as Federal Reserve Chair

  • LN24 / 3 weeks
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  • 4 min read

Jerome Powell has stepped down as chair of the U.S. Federal Reserve, marking the end of a closely watched tenure that shaped American and global economic policy through periods of inflation shocks, pandemic recovery, banking turbulence and aggressive interest rate hikes. Powell’s resignation sent immediate ripples through global financial markets, with investors, economists, and political […]

13
May

Trump, Xi to Weigh Tariff Cuts on $30 Billion of Imports in Managed Trade Push

  • LN24 / 3 weeks
  • 0
  • 4 min read

U.S. President Donald Trump and Chinese President Xi Jinping are expected to discuss cutting tariffs on up to $30 billion worth of imports as part of a new “managed trade” framework aimed at stabilizing economic relations between the world’s two largest economies. The proposed agreement, which officials say could be unveiled during Trump’s high-stakes visit […]