Fed’s Kashkari says more clarity needed on tariffs’ impact on inflation
Recent U.S. inflation data has been “quite positive” but some of the inflationary effect of tariffs may just be delayed,…
How President Trump’s plans will impact the US deficit
US President Donald Trump’s fiscal policies, including the One Big Beautiful Bill Act (OBBBA) and new tariffs, are set to…
Spain’s economy minister launches bid to lead Eurogroup
Spanish Economy Minister Carlos Cuerpo has launched his candidacy to preside over the Eurogroup, an informal body of euro zone…
Bessent asks lawmakers to rid US budget bill of Trump’s retaliatory tax plan after G7 deal
U.S. Treasury Secretary Scott Bessent said on Thursday that he has asked Republicans in Congress to scrap the Section 899…
Germany’s Merz urges ‘quick and simple’ EU-US trade deal
German Chancellor Friedrich Merz said on Thursday the EU should do a “quick and simple” trade deal with the United…
Fed plan to ease leverage rule offers windfall for big US banks, Morgan Stanley says
A Federal Reserve plan to relax leverage rules could free up $185 billion in capital and unlock nearly $6 trillion…
No fiscal crisis, just episodic volatility – PIMCO
Fiscal policy is under scrutiny as Germany loosens its fiscal rules, the U.S. tax and spending bill advances through Congress,…
In dovish tilt, BOJ zooms in on obscure underlying inflation trends
The Bank of Japan’s increasing caution around raising interest rates further relies heavily on a relatively obscure inflation reading, which…
ECB on path to meet its 2% inflation target, ECB’s De Guindos Says
The European Central Bank is on track to meet is 2% inflation target, the institution’s Vice President Luis de Guindos…
Fed well positioned to wait to see what tariffs do, Barr says
President Donald Trump’s tariffs will likely increase inflation and could also drive up unemployment, Federal Reserve Governor Michael Barr said…