Tag: Federal Reserve

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Powell’s Patience: A Virtue Amidst Trump’s Economic Whirlwind

Federal Reserve Chair Jerome Powell's patience is proving a virtue amidst Donald Trump's economic whirlwind, as he defends holding interest rates. Powell insists the...

Treasury Chief Warns U.S.-China Trade War ‘Unsustainable’ as Trump Pushes Fed to Cut Rates

In a closed-door speech for JPMorgan Chase, U.S. Treasury Secretary Scott Bessent warned that the escalating trade war with China is "unsustainable" and expects...

Markets Rebound After Tariff Shock, But Volatility Looms Amid Escalating US Trade War

Global stock markets staged a sharp recovery on Tuesday after a dramatic sell-off triggered by escalating tariff tensions, but analysts warned that renewed...