Posted inEurope European Central Bank Inflation (Economics) Interest Rates Lagarde, Christine ECB Cuts Interest Rates Again as Eurozone Inflation Slows Policymakers who set interest rates for the 20 countries that use the euro have lowered rates in back-to-back meetings for the first time since 2011. Posted by By Eshe Nelson
Posted inCouncil on Foreign Relations Customs (Tariff) Inflation (Economics) Presidential Election of 2024 Protectionism (Trade) Speeches and Statements Trump, Donald J United States Economy United States International Relations United States Politics and Government Yellen, Janet L Yellen to Warn Sweeping Tariffs Would Ignite Inflation The Treasury secretary plans to criticize former President Donald J. Trump’s economic proposals in a speech. Posted by By Alan Rappeport
Posted inBanking and Financial Institutions Daly, Mary C Federal Reserve Bank of San Francisco Federal Reserve System Inflation (Economics) Interest Rates Labor and Jobs Would a Strong Job Market Stop Fed Rate Cuts? This Official Says No. Mary C. Daly, the president of the Federal Reserve Bank of San Francisco, said that the central bank shouldn’t act “out of fear.” Posted by By Jeanna Smialek
Posted inBanking and Financial Institutions Company Reports Inflation (Economics) internal-storyline-no Presidential Election of 2024 Price Gouging Prices (Fares, Fees and Rates) United States Economy Wall Street Profits Surge Despite Questions About the Economy JPMorgan Chase, Wells Fargo and BlackRock reported strong quarterly results to kick off earnings season, but concerns linger about the strength of the consumer. Posted by By Andrew Ross Sorkin Ravi Mattu Bernhard Warner Sarah Kessler