Economy

Investing.com — Scott Bessent, the fund manager selected by President-elect Donald Trump to head the Treasury Department, faced questions on tariffs, tax policy, and budget deficits during his confirmation hearing.…

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Economy

Tariff-fuelled dollar gains pose global stagflation risks, BIS warns

January 16, 2025

By Marc Jones LONDON (Reuters) – Staff at central bank umbrella group, the Bank for International Settlements, have warned of a global bout of stagflation if trade tariffs promised by…

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Economy

Capital Economics sees economic progress in South Africa

January 16, 2025

Capital Economics highlighted the progress made by South Africa’s Government of National Unity (GNU) in the six months since its formation, noting improved market goodwill, no recent loadshedding, and eased…

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Economy

Fed should stay independent, Trump’s pick for US Treasury Secty says

January 16, 2025

(Reuters) – The Federal Reserve should stay independent, Trump’s pick to be U.S. Treasury Secretary told a Senate panel on Thursday. “I think on monetary policy decisions, the FOMC should…

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Economy

French PM Bayrou survives no-confidence vote

January 16, 2025

By Makini Brice, Elizabeth Pineau and Dominique Vidalon PARIS (Reuters) – French Prime Minister Francois Bayrou passed the first test of his new minority government on Thursday as he survived…

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Economy

WHO calls for international support to fund aid in Gaza after ceasefire deal

January 16, 2025

By Jennifer Rigby and Christy Santhosh (Reuters) – The World Health Organization called for the international community to step up and fund a scaled-up aid response in Gaza after Israel…

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Economy

New York Fed says as of January reserve levels still abundant

January 16, 2025

By Michael S. Derby NEW YORK (Reuters) – The Federal Reserve Bank of New York released data Thursday that suggest it faces no imminent pressure to stop the process of…

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Economy

Fed’s Waller: March can’t be completely ruled out for a rate cut

January 16, 2025

Investing.com — Federal Reserve Governor Christopher Waller said in an interview with CNBC on Thursday that the December inflation data was very good and that if data persists along the same…

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Economy

US business inventories edge up in November

January 16, 2025

WASHINGTON (Reuters) – U.S. business inventories rose marginally in November, suggesting that restocking will probably not contribute to economic growth in the fourth quarter. Inventories ticked up 0.1% after being…

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Economy

Fed’s Waller: Cuts could come sooner than later if disinflation meets expectations

January 16, 2025

WASHINGTON (Reuters) – Inflation is likely to continue to ease and possibly allow the Federal Reserve to cut rates sooner and faster than expected, Fed governor Chris Waller said Thursday…

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Popular Topics

Scott Bessent’s hearing for Treasury Secretary: tariffs, taxes and spending in focus

Tariff-fuelled dollar gains pose global stagflation risks, BIS warns

Capital Economics sees economic progress in South Africa

Fed should stay independent, Trump’s pick for US Treasury Secty says

French PM Bayrou survives no-confidence vote

WHO calls for international support to fund aid in Gaza after ceasefire deal

New York Fed says as of January reserve levels still abundant

Fed’s Waller: March can’t be completely ruled out for a rate cut

US business inventories edge up in November

Fed’s Waller: Cuts could come sooner than later if disinflation meets expectations