News list for "Ed"
Chicago Federal Reserve President Goolsbee said the Federal Reserve must be cautious in cutting interest rates due to economic uncertainty. He noted in a radio interview that despite strong consumer spending and economic growth, there are concerns that inflation could rise again. Goolsbee stressed that fiscal decisions affecting prices and employment need to be carefully evaluated. He also warned that it could be difficult to distinguish inflation from temporary effects such as economic overheat...
U.S. stocks opened lower and moved higher, the Dow index rallied, the Nasdaq fell 0.66%, and the S & P fell 0.37%.
According to the Wall Street Journal, U.S. President Donald Trump's advisers are considering plans to disband the Ministry of Education.
The US dollar continued to decline against the Canadian dollar USD/CAD, falling by 0.50% during the day and now trading at 1.4467.
Canadian Prime Minister Trudeau: The United States will delay the imposition of tariffs for 30 days.
On February 4, Canadian Prime Minister Justin Trudeau posted on social media that Canada has reached an agreement with US President Trump to suspend tariffs on Canada for 30 days. Trudeau said Canada has agreed to deploy 10,000 frontline personnel at the border, will appoint a fentanyl czar, designate drug cartels as terrorists, and establish a joint Canada-US strike force to fight organized crime, fentanyl and money laundering.
US Treasury Secretary Scott Bescent is now acting head of the Consumer Financial Protection Bureau, according to people familiar with the matter, signalling a possible shift in the Trump administration's strict approach to enforcement and regulation under Rohit Chopra, who was ousted by the Trump administration. The Biden-era appointee has imposed billions of dollars in fines and consumer compensation on banks including Wells Fargo, Goldman Sachs and Citigroup during his tenure. Mr. Bescent, a f...
The Atlanta Fed's GDPNow model projects U.S. GDP growth of 3.9% in the fourth quarter, compared with a previous estimate of 2.9%.
President Trump has signed an executive order to establish a sovereign wealth fund.
Federal Reserve Bostic: Be prepared to wait for a while before cutting interest rates.
The Federal Reserve accepted $97.781 billion from 39 counterparties in its fixed-rate reverse repo operations.
On February 3, local time, CCTV reporters learned that US Secretary of State Rubio called him the acting administrator of the US Agency for International Development (USAID). Rubio also said on the same day that the United States does not want to establish hostile or negative relations with Panama.
Federal Reserve Bostic: Be prepared to wait for a while before cutting interest rates.
Federal Reserve Bostic: Be prepared to wait for a while before cutting interest rates.
President Trump has signed an executive order to establish a sovereign wealth fund.
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