Fed’s Kashkari tells NYT it is ‘way too soon’ to cut rates
Minneapolis Federal Reserve President Neel Kashkari did not want to cut interest rates last month and sees no need to…
US existing home sales accelerate in December
U.S. existing home sales accelerated in December, boosted by lower mortgage rates and slow growth in house prices. Home sales…
Bank of England’s Taylor says rates set to fall further as inflation drops
Interest rates set by the Bank of England should continue to fall as inflation is likely to settle around the…
Steam engines behind German wage and innovation gaps 150 years on, study shows
The steam engine is still shaping Germany’s economy long after its invention with a new study saying areas that adopted…
German finance minister calls for “European Patriotism” to counter global threats
Germany’s finance minister called for a new era of “European patriotism” to protect the continent’s economic interests, proposing that companies…
2025 among world’s three hottest years on record, WMO says
Last year was among the planet’s three warmest on record, the World Meteorological Organization said on Wednesday, as EU scientists…
US retail sales beat expectations in November
U.S. retail sales increased more than expected in November as motor vehicle purchases rebounded and households increased spending elsewhere, pointing…
BOJ puts self defense ahead of solidarity with Fed’s Powell
The Bank of Japan’s absence from a list of central banks lining up to support Federal Reserve Chair Jerome Powell…
Fed’s Barkin calls December inflation data encouraging
Richmond Federal Reserve President Tom Barkin on Tuesday called December’s inflation data “encouraging,” though he noted inflation often spikes at…
Powell probe highlights Trump DOJ role as White House enforcer
The U.S. Justice Department under President Donald Trump has repeatedly targeted his perceived enemies, such as Federal Reserve Chair Jerome…