If Trump wants rate cuts, he would likely need to replace the Fed’s full board along with Powell
Changing out the Federal Reserve chair doesn’t guarantee rate cuts for President Donald Trump, according to Wall Street economists.
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IMF slashes global growth forecast to 2.8% this year due to Trump trade war – as it happened
Growth forecasts for most advanced countries have been cut, as IMF warns that trade tensions will hurt economic activity
- IMF warns of ‘major negative shock’ from Trump’s tariffs
- Reeves to make case for free global trade at Washington IMF talks
With a week to go, April is turning into the worst month for the US stock market since the Great Depression.
The Wall Street Journal is reporting that the Dow Jones Industrial Average is headed for its worst April performance since 1932, according to Dow Jones Market Data.
Long term impacts of Trump’s tariffs will be negative, says IMF – video
The International Monetary Fund, a global financial body, said the long term impact of Trump’s tariffs would be negative for the global economy. Pierre-Olivier Gourinchas, the IMF’s chief economist also said the organisation revised down growth for the UK partly due to the impact of the tariffs but also domestic factors in the UK economy
Hedge fund Elliott turns up heat on BP with demand for deep spending cuts
US activist discloses 5% stake and warns pivot back to oil and gas does not go far enough
New York pension funds to put asset managers on notice over climate plans
Comptroller to demand credible transition plans aligned with city’s goal to reach net zero by 2040
British Steel halts plan to axe 2,700 jobs
Previous management team had begun consultation on roles after Chinese owner turned down taxpayer funds