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Trump Reportedly Near Firing Powell, But Denies It
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Trump Reportedly Near Firing Powell, But Denies It

USA's president Donald Trump will likely fire central bank chief Jerome Powell shortly, reports American media with reference to sources in the White House. Highly unlikely, counters Trump – but leaves the door ajar
Trump Begins Process to Replace Fed Chief Jerome Powell
Business News

Trump Begins Process to Replace Fed Chief Jerome Powell

President Donald Trump is again demanding a lower interest rate in the USA. A "formal process" has already been initiated to nominate a replacement for the central bank chief Jerome Powell, according to the USA's finance minister Scott Bessent
Fed Chief Maintains Interest Rates Amid Tariff Uncertainty
Business News

Fed Chief Maintains Interest Rates Amid Tariff Uncertainty

The uncertainty is still too great about how President Donald Trump's import tariffs affect. Beth Hammack, head of the Federal Reserve (Fed) central bank's department in Cleveland, thinks it's still too early to lower the USA's interest rate
US Inflation Rises to 2.7% in May as Consumption Declines
Business News

US Inflation Rises to 2.7% in May as Consumption Declines

Core inflation in the USA rose to 2. 7 percent in May according to the so-called PCE measure
Stock Markets Surge After US-China Tariff Agreement
Business News

Stock Markets Surge After US-China Tariff Agreement

The Stockholm stock exchange ended the trading week on a high note across the board, in line with leading European stock exchanges. The market welcomed new tariff news from the US and China and seized on the Trump administration's hopes for more trade agreements
H&M and Saab Drive Stockholm Stock Exchange Gains
Business News

H&M and Saab Drive Stockholm Stock Exchange Gains

The Stockholm stock exchange rises with the defense group Saab and the clothing chain H&M as locomotives. The broad OMXS index had at closing gone up 0
Trump Considers Early Announcement of New Federal Reserve Chief
Business News

Trump Considers Early Announcement of New Federal Reserve Chief

USA's president Donald Trump is considering announcing the next head of the central bank Federal Reserve (Fed) prematurely, reports The Wall Street Journal. The purpose would be to undermine the current head Jerome Powell's monetary policy
Powell: Higher Tariffs Likely to Increase US Prices
Business News

Powell: Higher Tariffs Likely to Increase US Prices

The head of the US central bank Federal Reserve (Fed) Jerome Powell is standing firm, despite new attempts at pressure from the US President Donald Trump. There is no rush to lower the interest rate, is the message in the speech Powell will hold in the congressional finance committee this afternoon
Asian Stock Markets Decline Amid Middle East War Concerns
Business News

Asian Stock Markets Decline Amid Middle East War Concerns

Development pointed mostly downward on the leading Asian stock exchanges in the initial Thursday trading. Concerns of a broader war in the Middle East characterize the market mood
US Stock Market Shows Mixed Reactions After Fed Interest Rate Decision
Business News

US Stock Market Shows Mixed Reactions After Fed Interest Rate Decision

Wall Streets leading index closed both up and down since the US central bank Federal Reserve (Fed) as expected announced that the interest rate remains unchanged – but still expects two cuts this year.
US Interest Rate Holds Steady as Fed Signals Two Cuts This Year
Business News

US Interest Rate Holds Steady as Fed Signals Two Cuts This Year

The key interest rate in the USA remains unchanged by the central bank Federal Reserve (Fed). At the same time, they still expect two cuts later this year
Stockholm Stock Exchange Ends Flat After Early Decline
Business News

Stockholm Stock Exchange Ends Flat After Early Decline

Stockholm stock exchange closed sideways after having clearly turned downwards during the trading day.
Asian Stock Markets Mixed as Middle East Tensions Raise Oil Prices
Business News

Asian Stock Markets Mixed as Middle East Tensions Raise Oil Prices

Development on leading Asian stock exchanges diverged in Wednesday's initial trading. Concern for the situation in the Middle East characterizes the stock market mood and pushes up the price of oil
US Stock Market Declines Amid Poor Retail Sales and Middle East Concerns
Business News

US Stock Market Declines Amid Poor Retail Sales and Middle East Concerns

Wall Street Rebounds as S&P 500 and Nasdaq Gain
Business News

Wall Street Rebounds as S&P 500 and Nasdaq Gain

After Friday's decline, the New York stock exchange recovered somewhat when the trading week began.
US Stock Market Indices Rise Amid Positive Inflation Report
Business News

US Stock Market Indices Rise Amid Positive Inflation Report

Leading indices on the US stock exchanges rose on Thursday. The broad S&P 500 index increased by 0
US Stock Market Gains as Tesla Leads Technology Sector Rebound
Business News

US Stock Market Gains as Tesla Leads Technology Sector Rebound

The courses on the US stock exchange rose on Friday. Electric car manufacturer Tesla recovered from Thursday's huge loss and dragged the other major technology companies with it
Trump Urges Fed to Cut Interest Rates Amid Higher Job Growth
Business News

Trump Urges Fed to Cut Interest Rates Amid Higher Job Growth

It was created 139,000 new jobs outside the agricultural sector in the USA in May, shows a report from the USA's labor market department. It was more than expected
Nvidia Surpasses Microsoft as Top Valued Company Amid Market Gains
Business News

Nvidia Surpasses Microsoft as Top Valued Company Amid Market Gains

The US stock exchange closed on a plus following stronger labor market figures. At the same time, the semiconductor giant Nvidia once again took back the position as the world's highest valued stock exchange company
OECD Cuts Global Growth Forecast Amid Trade and Inflation Concerns
Business News

OECD Cuts Global Growth Forecast Amid Trade and Inflation Concerns

The collaboration organization OECD is lowering its prognosis for global growth to 2. 9 percent in 2025 and 2026 – the lowest growth since the pandemic year 2020
Fed May Cut Rates if Trade Tensions Ease, Says Chicago Fed Chief
Business News

Fed May Cut Rates if Trade Tensions Ease, Says Chicago Fed Chief

US Core Inflation Falls to 2.5% in April
Business News

US Core Inflation Falls to 2.5% in April

Core inflation in the USA fell to 2. 5 per cent in April according to the so-called PCE measure
Trump Criticizes Fed Chair Powell for Not Lowering Interest Rates
Business News

Trump Criticizes Fed Chair Powell for Not Lowering Interest Rates

President Donald Trump met Jerome Powell, head of the central bank Federal Reserve (Fed) on Thursday. And once again, Trump criticizes the unwillingness to accommodate his desire for the interest rate
US Interest Rates Rise Amid Growing Distrust in Government Finances
Business News

US Interest Rates Rise Amid Growing Distrust in Government Finances

The dumping of US assets continues, which is pushing up American long-term interest rates and lowering the dollar. The market's distrust of the US government's finances has gained new momentum since Congress began handling a budget proposal where the Trump administration is pushing for large tax cuts
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