News

Fed Chair Powell to give major speech as Trump urges interest rate cuts

Trump ratcheted up his pressure campaign this week, calling on Fed Governor Lisa Cook to resign after a Trump administration ...

FTSE 100 LIVE: Stocks rise as traders await key Jackson Hole speech from Federal Reserve chair

The FTSE 100 and European stocks were higher on Friday as markets turn their attention to the much-anticipated speech by US ...

Asian shares are mixed after Wall Street fell to its 5th straight loss

Asian shares are mixed after Wall Street fell to a fifth straight loss, hurt by losses for Walmart and worries over coming ...

EUR/USD eases to 2-week low; German economy contracts 0.3% in Q2

EURUSD lost traction and dropped to a two-week low tracking dollar gains abroad. The dollar index is ramping up gains on Friday ahead of Federal Reserve (Fed) Chair Jerome Powells speech later today ...

How much would rate cuts really matter to the deficit anyway? Robin Brooks argues, not much.

This striking chart from the Brooking Institution's Robin Brooks lays out that no matter Fed Chair Jerome Powell articulates, ...