Trump administration leaves Congress in dark on spending decisions
Around 300 students in Cleveland Heights, Ohio, may face changes to after-school tutoring and English-language proficiency instruction unless the district’s…
India’s retail inflation slumps to more than six-year low as food prices fall
India’s annual retail inflation (INCPIY=ECI) slowed to a more than six-year low of 2.10% in June, near the lower range…
US-India trade deal may cap tariffs below 20% as both sides continue talks
The US is in talks with India to finalise an interim trade agreement that could bring down proposed tariff rates…
Germany’s export association says Europe should not be intimidated U.S. tariff threat
Europe should not be intimidated by Donald Trump’s negotiating tactics, Germany’s exporters’ association said on Saturday, after the U.S. President…
BOJ to consider revising up inflation forecast at July meeting, sources say
The Bank of Japan will consider revising up this month its inflation forecast for the current fiscal year, reflecting persistent…
German exporters lose market share as competitiveness slips, Bundesbank says
German exporters have lost significant ground in global markets since 2021 due mainly to a broad-based deterioration in the country’s…
Hassett says White House probing Fed renovation costs, authority to fire Powell
U.S. President Donald Trump has the authority to fire Federal Reserve Chair Jerome Powell for cause if evidence supports that,…
Fed’s Hammack sees no urgent reason to lower rates
Federal Reserve Bank of Cleveland President Beth Hammack said on Monday she sees no imminent need to lower interest rates…
EU to push for deal with U.S, to avoid prohibitive tariff
European Union ministers agreed to prioritise negotiations with the United States to avoid threatened 30% tariffs that the EU trade…
Why Trump’s push for a 1% Fed policy rate could spell trouble for US economy
U.S. President Donald Trump says the Federal Reserve should set its benchmark interest rate at 1% to lower government borrowing…