Tag Economy

Breaking economic news, with reports on global stock markets, personal finance, businesses and technology.

Trump goes after Federal Reserve’s Powell once more

Jerome Powell, chairman of the US Federal Reserve, in Arlington, Virginia, on April 4, 2025. – Tierney L. Cross/Bloomberg/Getty Photographs President Donald Trump stated Wednesday that Federal Reserve Chair Jerome Powell has saved rates of interest too excessive and that…

Fed’s Hammack sees extra runway for Fed steadiness sheet cuts

By Michael S. Derby NEW YORK (Reuters) -Federal Reserve Financial institution of Cleveland President Beth Hammack mentioned on Wednesday situations nonetheless assist ongoing reductions within the central financial institution’s steadiness sheet, including she believes some energetic administration of market liquidity…