The UK government borrowed more than anticipated last year, increasing pressure on public finances as the full impact of US tariffs looms. Borrowing reached £151.9bn in the year […]
Economy
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Scott Bessent Calls for US and China to De-escalate Trade War
Investor Scott Bessent has emphasized the necessity for the United States and China to reduce tensions in their ongoing trade war. This conflict, marked by tariffs and retaliatory […]
Economy
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IMF Cuts Global Growth Forecast, Warns of US Impact from Trade War
The International Monetary Fund (IMF) on Tuesday reduced its global growth forecast, attributing the downgrade to President Donald Trump’s tariff policies marking a “new era” for the world […]
Economy
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Jay Powell Stands Firm Amid Trump’s Threats
Federal Reserve Chairman Jay Powell has maintained a steadfast stance despite mounting pressure from President Trump. The White House has repeatedly criticized Powell’s monetary policies, accusing him of […]
Economy
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Trump’s Escalating Criticism of Fed Chair Jerome Powell Alarms GOP
President Trump’s intensified criticism of Federal Reserve Chair Jerome Powell has alarmed Washington Republicans, who fear it could destabilize financial markets and jeopardize the Fed’s independence. GOP lawmakers […]
Economy
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IMF Warns of Rising US Recession Risk and Defends Fed Rate Policy
The International Monetary Fund (IMF) has issued a warning regarding the increasing risk of a recession in the United States. The organization also expressed support for the Federal […]
Economy
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Central Banks Navigate Dollar Decline Amid Currency Challenges
As the U.S. dollar weakens, central banks worldwide face decisions on whether to devalue their currencies. The dollar’s decline has led to mixed outcomes for other currencies, offering […]
Economy
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Ray Dalio Warns of Potential Economic Crisis Worse Than a Recession
Renowned investor Ray Dalio has expressed concerns about an impending economic crisis that could surpass the severity of a typical recession. Dalio, known for his insights into global […]
Economy
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Fed Chair Jerome Powell Warns of Tariff Impact on Economy
Federal Reserve Chair Jerome Powell recently addressed the economic implications of President Trump’s tariffs during a speech at the Economic Club of Chicago. Powell noted that the magnitude […]
Economy
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The ‘Sell America’ Trade Reaches Levels Not Seen Since the 1980s
Traders are rapidly divesting from US assets, reminiscent of trends last seen in the 1980s. Rising recession risks, driven by stringent tariffs, have prompted a global downgrade of […]