ECB Seen Cutting Once More as Officials Strike Cautious Tone (16.06.2025)
Economists still expect the European Central Bank to lower interest rates one more time this year, even after policymakers signaled they’re in no rush to ease further.
No Clarity for Fed Until at Least September, Economists Say (13.06.2025)
It will take months yet before the Federal Reserve can get a clear idea of how Trump administration policy changes will shape the US economy, making officials unlikely to consider a change to interest rates before September, according to economists surveyed by Bloomberg News.
Treasury Secretary Bessent Emerges as Possible Contender for Next Fed Chair (10.06.2025)
A growing chorus of advisers inside and outside the Trump administration are pushing another name to serve as the next chair of the Federal Reserve: Treasury Secretary Scott Bessent.
Bessent Says ‘Remains to Be Seen’ Whether Tax Bill Adds to Debt (11.06.2025)
Treasury Secretary Scott Bessent refrained from arguing that the tax legislation Republicans are working to finalize in Congress will avoid adding to the debt burden.
World Bank Warns 2020s Face Weakest Global Growth Since 1960s (10.06.2025)
The World Bank on Tuesday cut its forecast for global growth this year and warned that the 2020s are on track for the weakest performance for any decade since the first Apollo moon landing because of trade tensions and policy uncertainty.
World Bank Warns 2020s Face Weakest Global Growth Since 1960s (10.06.2025)
The World Bank on Tuesday cut its forecast for global growth this year and warned that the 2020s are on track for the weakest performance for any decade since the first Apollo moon landing because of trade tensions and policy uncertainty.
ECB Can Wait Until September to Even Discuss Next Rate Move, Vujcic Says (10.06.2025)
The European Central Bank should wait until at least September to have an in-depth discussion about an interest-rate move, according to Governing Council member Boris Vujcic.
ECB Interest Rates: Officials Have Maximum Flexibility, Nagel Tells DLF (08.06.2025)
European Central Bank Governing Council member Joachim Nagel said he can’t judge if interest-rate cuts are over for this year and next steps are totally open, according to an interview with Deutschlandfunk.
Trump Pressures Fed’s Powell to Cut Rates ‘A Full Point’ (07.06.2025)
President Donald Trump urged the Federal Reserve to cut interest rates by a full percentage point, intensifying his pressure campaign against Chair Jerome Powell.
US, China Trade Talks to Continue After Day One Wraps (09.06.2025)
Trade talks between the US and China will continue into a second day, according to a US official, as the two sides look to ease tensions over shipments of technology and rare earth elements.
Euro-Area Growth Jumped at Start of Year Thanks to Ireland (06.06.2025)
The euro-area economy expanded twice as much as previously reported at the start of 2025, as countries including Ireland and Germany saw exports surge in anticipation of US trade tariffs later this year.
ECB's Muller Says Interest Rate-Cutting Cycle Is Probably Almost Finished (06.06.2025)
The European Central Bank is approaching the end of its interest-rate cuts, according to two Governing Council members, as others declared inflation has been vanquished.