Fed’s Powell says markets orderly, downplays intervention risk

Federal Reserve Chair Jerome Powell indicated that the central bank is unlikely to intervene in market volatility despite uncertainties related to recent trade policy shifts.

Republican town halls bring arrests, stun guns and voter worries about Trump

Congressional Republicans face backlash at town halls over Trump's policies and social program cuts; protests erupt as constituents express anger and concern about budget impacts.

Powell says Fed to stay on hold until clarity on tariff impact

Traders keep bets on Fed rate cuts this year, starting in June

Traders expect Federal Reserve rate cuts this year, predicting a resumption in June and a drop in the policy rate by one percentage point by year's end.

Federal Reserve Chair Jerome Powell speech text April 16, 2025

Summary of the economic outlook, highlighting the Fed's dual mandate on employment and price stability amidst uncertainties and evolving policy changes.

World Bank’s Banga urges developing nations to lower tariffs, focus on regional trade

Brazil acknowledges record debt risk this year, need for fiscal consolidation

Brazil's government highlights rising public debt risks due to short-term interest exposure, stressing the need for fiscal consolidation amid challenges in managing debt sustainability.

Fed’s Hammack sees steady monetary policy as central bank seeks more data

Cleveland Fed President Hammack calls for steady interest rates amidst economic uncertainty, emphasizing the need for data-driven policy adjustments amid inflation and labor market challenges.

World Bank’s Banga unsure of US aid to fund for poor nations, though Trump dialogue ’constructive’

US issues new sanctions targeting Chinese importers of Iranian oil

The U.S. imposed new sanctions on Iran's oil exports, targeting a Chinese refinery and emphasizing pressure on Iranian oil importers amid ongoing nuclear negotiations.