Trump Tariffs Not Fueling Inflation Attributable to ‘Patriotism’ Shopping for, Says White Home Advisor Hassett Washington, D.C. – On July 14, 2025, White Home Nationwide Financial Council Director Kevin Hassett attributed the dearth of widespread inflation from President Donald Trump’s current tariff insurance policies to elevated demand for American-made merchandise, pushed by what he referred … Read more
July 10, 2025 – Federal Reserve officials are increasingly aligned on the likelihood of interest rate cuts in 2025, but their June 17-18 meeting minutes reveal a sharp divide over the number and timing of these reductions, reflecting uncertainty driven by President Trump’s trade policies and mixed economic signals. The minutes, released Wednesday, show the … Read more
Federal Reserve Chairman Jerome Powell spoke at the European Central Bank (ECB) Forum on Central Banking in Sintra, Portugal, on July 1, 2025, at 9:30 a.m. ET (3:30 p.m. IST). The panel, moderated by Bloomberg’s Francine Lacqua, focused on the global economy amid policy shifts, featuring Powell alongside ECB President Christine Lagarde, Bank of England … Read more
Federal Reserve Chair Jerome Powell Testifies Before Senate Banking Panel Amid Tariff and Rate Cut Debates Washington, D.C., June 27, 2025 — Federal Reserve Chair Jerome Powell delivered his semiannual monetary policy testimony before the Senate Banking, Housing, and Urban Affairs Committee on June 25, 2025, addressing critical issues like inflation, interest rates, and the … Read more
Federal Reserve Governor Christopher Waller indicated that the central bank could begin cutting interest rates as early as July 2025, provided inflation continues to ease and economic data remains favorable. In a CNBC “Squawk Box” interview on June 20, 2025, Waller stated that he does not expect tariffs proposed by the Trump administration to significantly … Read more
In a transformative shift for Nigeria’s energy landscape, the nation’s petrol import bill plummeted by 54% in the first quarter of 2025, dropping from N3.81 trillion in Q1 2024 to N1.76 trillion, according to the National Bureau of Statistics (NBS). This dramatic decline, also reflecting a 47% reduction from N3.3 trillion in Q4 2024, is … Read more
Washington, D.C., Could 22, 2025: The U.S. Treasury Division has formally confirmed plans to part out manufacturing of the penny, with its remaining order for penny blanks positioned this month, in response to a press release reported by the Wall Avenue Journal. The USA Mint will stop manufacturing new pennies as soon as the prevailing … Read more
Federal Reserve Holds Curiosity Charges Regular at 4.25%–4.5% Amid Tariff Uncertainty Washington, D.C., Might 7, 2025 – The Federal Reserve introduced on Might 7, 2025, that it might preserve its benchmark federal funds price within the vary of 4.25% to 4.5%, marking the third consecutive assembly with no change. The choice, broadly anticipated by markets … Read more
Taiwan Greenback Retreats After Historic Surge Amid U.S. Commerce Hypothesis By Employees Author Could 6, 2025 The Taiwan greenback (TWD) slid previous 30 per U.S. greenback on Tuesday, Could 6, 2025, retreating from a three-year excessive of 29.59 after a historic two-day surge of over 10%, the sharpest in over three a long time. The … Read more
L3Harris to Modify Qatari Boeing 747 as Interim Air Drive One Amid Boeing Delays The U.S. authorities has contracted L3Harris Applied sciences to retrofit a former Qatari Boeing 747-8 as an interim Air Drive One, pushed by President Donald Trump’s frustration with Boeing’s delayed $3.9 billion program to ship two new VC-25B presidential jets, now … Read more