Fed’s independence ’foundational’ to better economic outcomes, Kashkari says

Kashkari highlights Fed's independence amid Trump's criticism, warns about investors reassessing U.S. investments due to rising Treasury yields and weak dollar, potentially leading to higher interest rates.

Bessent sees de-escalation in US-China trade tensions, talks to be ’a slog’

Carney appeals for support in Quebec, promises protection from Trump

Canadian Prime Minister Mark Carney campaigns in Quebec, emphasizing the threat from Trump and aiming for voter support ahead of crucial elections, amidst competing Conservative economic plans.

IMF chief economist, asked about Trump attacks on Powell, says central banks must preserve independence

IMF's chief economist stresses central bank independence is vital to manage inflation, amid Trump's criticisms of Fed Chair Powell, impacting market stability.

IMF says financial stability risks increased significantly amid trade turmoil

The IMF warns that global financial stability risks have increased due to economic uncertainty and tariffs, urging banks to maintain adequate capital and supervision to mitigate potential market shocks.

Mexico’s president counters IMF forecast of economic contraction

Claudia Sheinbaum contests IMF's GDP contraction forecast for Mexico, emphasizing public investment and growth plans amidst looming challenges from U.S. tariffs and economic confidence issues.

Age-burdened "silver economy" comes with silver linings, IMF finds

The IMF report suggests that an aging population can positively impact job markets and productivity with appropriate policies, despite challenges like slower growth and fiscal pressures.

Gold’s record run gains further traction; market conquers $3,500/oz

Gold prices have surged past $3,500, driven by erosion of confidence in the U.S. economy and increased central bank demand, with forecasts predicting further gains.

IMF cuts India’s growth forecast amid tariff uncertainty

The IMF reduced India's economic growth forecast for the current fiscal year from 6.5% to 6.2% due to trade tensions and global uncertainty.

NVR posts fall in quarterly profit as weak housing prices hit margins

NVR's first-quarter profit fell 24% due to high costs and weak housing demand, amidst rising economic uncertainty and pressures on homebuilders.