An applied Friedmanite, Volcker understood that excess growth of the money supply was the root cause of this near-hyperinflation. He knew that the Fed cannot solve all economic woes. It can, however, ...
The Federal Reserve decided to keep interest rates steady in its first policy decision of the year on Wednesday. U.S. stock indexes slipped slightly following the announcement, with the S&P 500 ...
The S&P 500 and Dow experienced declines following the White House's announcement of impending tariffs on Canadian, Mexican, and Chinese imports. Investors, already anticipating tariff updates, saw ...
Investment markets and key developments over the past week Global shares were mixed over the last week with US shares down as tech shares fell on the back of the rise of DeepSeek’s AI app and a less d ...
Trump has set a Saturday deadline for issuing 25% tariffs on imports from Mexico and Canada, unless they move to halt flows of illegal immigrants and the deadly opioid fentanyl into the United States.
The Fed left interest rates on hold at its January meeting and signaled that it was in no hurry to cut rates further. U.S. money markets currently price in just under two 25 basis-point rate cuts this ...