Chicago Fed President Goolsbee sees rate cuts depending on inflation progress

Chicago Fed President Goolsbee sees rate cuts depending on inflation progress

Chicago Fed President Goolsbee Signals Rate Cuts Dependent on Inflation Progress Chicago, IL — March 21, 2025 — Chicago Federal Reserve President Austan Goolsbee suggested this week that interest rate cuts could be on the table in the near future, depending on the trajectory of inflation in the coming months. Goolsbee, known for his cautious … Read more

2.9% rise highest since Feb | U.S. Core PCE Inflation Rises to 2.9% in July 2025, Highest Since February Amid Tariff Pressures

2.9% Rise Highest Since Feb | U.s. Core Pce Inflation Rises To 2.9% In July 2025, Highest Since February Amid Tariff Pressures

Washington, D.C. – August 29, 2025 – The U.S. Bureau of Economic Analysis reported Friday that core Personal Consumption Expenditures (PCE) inflation climbed to 2.9% in July 2025, marking the highest annual rate since February and signaling persistent price pressures despite the Federal Reserve’s recent rate cuts. The headline PCE index rose 2.6% year-over-year, aligning … Read more

Dangote Refinery Slashes Nigeria’s Petrol Import Bill by 54% in Q1 2025: A Game-Changer for Energy Independence

Dangote Refinery Slashes Nigeria’s Petrol Import Bill By 54% In Q1 2025: A Game-Changer For Energy Independence

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

“Jerome Powell at ECB Forum: Watch His Take on Rates and Trump’s Tariff Push”

“Jerome Powell At Ecb Forum: Watch His Take On Rates And Trump’s Tariff Push”

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

Energy secretary’s former firm plummets after Trump tariff escalation

Energy Secretary’s Former Firm Plummets After Trump Tariff Escalation

Houston, April 4, 2025 – Liberty Energy, the oilfield services company once led by U.S. Energy Secretary Chris Wright, saw its stock nosedive nearly 20% on Thursday, erasing over $600 million in market value, as President Donald Trump’s escalating tariff war sent shockwaves through the energy sector. The Denver-based firm, where Wright served as CEO … Read more

Goodyear Tire transformation plan is moving company into the future

Goodyear Tire Transformation Plan Is Moving Company Into The Future

For over 125 years, The Goodyear Tire & Rubber Company has been a titan in the tire industry, synonymous with innovation, durability, and American ingenuity. From its humble beginnings in Akron, Ohio, in 1898, Goodyear has grown into one of the world’s leading tire manufacturers, serving consumers, commercial fleets, and even NASCAR racers. Yet, as … Read more

Inflation rate eased to 2.8%

Inflation Rate Eased To 2.8%

Your input, “Inflation rate eased to 2.8%,” aligns with recent data from February 2025, as noted in the search results, where the U.S. inflation rate dropped to 2.8% for the 12 months ending February, down from 3.0% in January. However, since it’s now April 10, 2025, 07:28 AM PDT, and the next Consumer Price Index … Read more

Trump says government will make deals like Intel stake ‘all day long’

Trump Says Government Will Make Deals Like Intel Stake ‘All Day Long’

Overview: On August 25, 2025, President Donald Trump celebrated the U.S. government’s acquisition of a 9.9% stake in Intel for $8.9 billion, proclaiming on Truth Social that he would pursue similar deals “all day long” to boost American wealth and jobs. The Intel agreement, finalized August 23, 2025, converts Biden-era CHIPS Act grants into equity, … Read more

Fed Governor Waller says central bank could cut rates as early as July

Fed Governor Waller Says Central Bank Could Cut Rates As Early As July

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