President-elect Donald Trump has once again shown his knack for turning complex global financial systems into personal political games. This time, he declared war on...
The Federal Reserve’s preferred measure of core inflation, the Personal Consumption Expenditures (PCE) price index, stubbornly rose again in October, growing 2.8% year-on-year and 0.3%...
The outlook for emerging market bonds denominated in local currencies is deteriorating as investors abandon hopes of rate cuts, brace for a potential trade war,...
Trump has been openly critical of Powell, the man he appointed in 2018. Nevertheless, in his first post-election press conference, Powell asserted that Trump lacks...
As Jerome Powell faces the aftermath of Donald Trump’s re-election, the Federal Reserve is under new scrutiny. Powell’s timing on interest rate changes has been...
Eurozone inflation has defied expectations again, giving the European Central Bank (ECB) yet another reason to drag its feet on interest rate cuts. According to...
The U.S. Federal Reserve’s preferred inflation measure has seen its steepest monthly increase since April, adding an ironic twist to the recent optimism surrounding potential...
As Federal Reserve officials settle in for their two-day policy meeting starting Wednesday, they might want to consider a history lesson or two. The past...