An individual browses a grocery retailer following the announcement of tariffs on Canadian and Mexican items by U.S. President Donald Trump, in Toronto, Ontario, Canada March 4, 2025. Arlyn Mcadorey | Reuters With considerations working excessive that President Donald Trump’s tariff insurance policies will irritate inflation, a report Wednesday might ship some mildly encouraging information. … Read more
On June 30, 2025, President Donald Trump sent a handwritten note to Federal Reserve Chair Jerome Powell, urging him to lower interest rates significantly, accusing him of costing the U.S. “a fortune” by maintaining rates at 4.25%–4.5%. The note, written in Trump’s signature black Sharpie on a chart ranking global central bank rates, read: “Jerome, … Read more
U.S. Economy Grows at 3% in Q2 2025 Despite Tariff Headwinds Washington, July 30, 2025 – The U.S. economy expanded at a robust 3% annualized rate in the second quarter of 2025, surpassing economists’ expectations of 2.6%, according to the Commerce Department’s initial GDP estimate. This growth marks a significant rebound from the first quarter’s … Read more
Can You Buy a Car with a Credit Card in Australia? Weighing the Pros and Cons By Staff Reporter, August 26, 2025 In Australia, purchasing a car with a credit card is technically possible but comes with significant caveats, making it a niche and often costly option. As interest rates fluctuate and financial strategies evolve, … 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
Fed Cuts Rates by Quarter Point, But Trump Appointee Miran Dissents for Bigger Half-Point Slice Washington, September 17, 2025 — In a move that kicked off the first interest rate cut of President Donald Trump’s second term, the Federal Reserve on Wednesday lowered its benchmark federal funds rate by a quarter percentage point, bringing it … Read more
Federal Reserve Faces Uncertainty at Might 2025 Assembly: What to Anticipate Washington, D.C., Might 7, 2025 – The Federal Open Market Committee (FOMC) concludes its two-day assembly at this time, Might 7, 2025, amid heightened financial uncertainty pushed by President Donald Trump’s aggressive tariff insurance policies and their potential to disrupt inflation and employment. Economists … Read more
The Federal Reserve is widely expected to maintain its benchmark interest rate at 4.25%–4.50% during its July 30, 2025, meeting, with no rate cut anticipated, according to multiple sources. Despite pressure from President Donald Trump for lower borrowing costs, economists and market indicators, such as the CME FedWatch tool, suggest only a 4%–5% chance of … Read more
Washington, D.C. – March 18, 2025 – The Federal Reserve is set to release its updated interest rate projections this Wednesday, a highly anticipated event that could signal the central bank’s next moves in managing inflation, economic growth, and employment. Investors, economists, and policymakers alike are bracing for insights into how the Fed views the … Read more
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