Economist Mohamed El-Erian says next Fed chair should reform central bank
As the Federal Reserve eyes a period of transformation to a new chairman, famed economist Mohamed El-Erian is…
Fed’s Beige Book: Activity little changed, employment eases, costs still rising
The Fed’s Beige Book indicated an economy that has largely stalled, with activity “little changed” across Districts. Consumer…
US risks AI debt bubble as China faces its ‘arithmetic problem’, leading analysts warn
Two of the leading experts on the world’s biggest economies warn that both countries face serious challenges in…
US inflation rose at a 3% annual rate in September amid Trump tariffs, CPI report reveals – Firstpost
The latest US government inflation report revealed that the prices of products in the country continued to rise…
Fed’s Beige Book shows ‘little’ change in US economic activity, ‘muted’ labor demand
ISTANBUL US economic activity posted “little” change in most of the 12 Federal Reserve districts since the prior…
Stock Market Rebounds After Powell’s Dovish Comments on the Labor Market
Stocks seemed to be in for a rough trading session on Tuesday. Then Jerome Powell saved the day.…
A zombie economy could be America’s future
Over the next decade, the US economy will face two big challenges: higher interest rates and AI-generated disruption.…
Supreme Court blocks Trump from immediately firing Fed governor Lisa Cook
Cook has challenged her removal in court, and currently remains a member of the Fed’s governing board, and…
The Weekly Bottom Line: Canada’s Call to Diversify
Canadian Highlights Canada is likely to avoid a technical recession, with July GDP showing a rebound from the…
Weak Job Market Prompted Interest Rate Cuts, Powell Says
Topline Federal Reserve Chair Jerome Powell on Tuesday said a weakening labor market in the U.S. has outweighed…
Economy is near full employment
St. Louis Fed President Alberto Musalem explained on Monday that he backed last week’s rate cut, describing it…
navigating local divergence in a global market
Le Hoai An Why does gold react so sensitively to Fed policy? Where exactly is the transmission channel?…