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us federal reserve

Three presidents have visited the Federal Reserve before Donald Trump
Graphic Truth

Graphic Truth: Donald Trump visits the Federal Reserve

Donald Trump is set to visit the US Federal Reserve building on Thursday to inspect its recent $2.5 billion structural renovation, amid an intensifying White House pressure campaign on Fed Chair Jerome Powell.

Chair of the Federal Reserve Jerome Powell testifies during a House Financial Services Committee hearing.
News

There’s no party like a rate hike party

Rate hikes will continue … until morale declines or a recession hits. That’s the message market watchers expect, despite slowing inflation, from the Bank of Canada’s next meeting on July 12. The Canadian economy has stayed hot despite the Bank’s effort to cool it with increased interest rates, including a 25-point increase in June.

Traders react to Fed rate announcement on the floor of the NYSE in New York.
News

US economy’s slowing growth

The US economy grew by just 1.1% year-on-year in the first quarter of 2023, suggesting that the Federal Reserve’s tightening of monetary policy to stamp out inflation is indeed slowing down the biggest economy in the world

Turkish President Recep Tayyip Erdogan.
Living Beyond Borders Articles

What We’re Watching: Three ways to address inflation … with varying degrees of success

Three ways to address inflation: Raising interest rates, price controls, prioritizing growth above stability.

​Russian reservists recruited during a partial mobilisation of troops attend a ceremony before departing to the Russia-Ukraine conflict zone, in the Rostov region, Russia October 31, 2022.
News

What We're Watching: Russian draft goes online, abortion pill ruling, US inflation slows, Taiwan gets new presidential candidate, Biden bets big on EVs

Russia’s digital draft; US inflation cools — smartphones FTW; Will this man become Taiwan's next president?; Biden’s ambitious new EV proposal

Car drivers queue to fill their fuel tank at a TotalEnergies gas station in Nice as petrol supplies are disrupted by a strike of French refineries and depots, France, March 20, 2023.
Europe

Hard Numbers: French oil refinery blockades, China’s mRNA milestone, Moscow comes to Bali, IMF tweaks rules for Ukraine, TikTok hearing

As French protesters continue to strike and block oil refineries in response to the government’s recently passed pension reform, 13% of petrol stations around the country are running short on gas.

The Federal Reserve building is pictured in Washington, U.S.
News

SVB collapse & interest rates: What’ll the Fed do?

Markets were still all over the place Tuesday over fears that the collapse of Silicon Valley Bank might trigger a domino effect that makes not only investors but also ordinary Americans lose confidence in the banking system.