Trump is getting the lower interest rates he demanded from everyone but the Fed
U.S. President Donald Trump is getting his wish that interest rates drop across the world, just not at home where a strong ...
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Euro takes a hit as ECB and Federal Reserve rate decisions diverge
The euro is slipping fast, dragged down by traders who are betting that interest rates in Europe and the US will continue to head in opposite directions. Yesterday, the European Central Bank (ECB) cut ...
Fed hold rates steady, sees inflation as ‘elevated,’ as Powell declines comment on Trump
Outside of a U.S. President bending norms, the Fed also faces challenges in achieving its economic objectives. Inflation ...
Growth: Europe continues to lag behind the US
US gross domestic product grew by 2.8% in 2024, compared with just 0.7% in the Eurozone. Plagued by structural weaknesses and high energy costs, Europe is being led by the US in terms of growth, ...
European stocks hit all-time high, Fed expected to hold rates
World markets were suddenly looking calmer on Wednesday as the week’s rollercoaster ride for stock markets morphed into ...
European markets head for mixed open as tech jitters ease; Fed decision ahead
European stocks are expected to open in mixed territory Wednesday as global market jitters over AI tech rivalry between the U ...