The European Central Bank meets on Thursday for the first time since Donald Trump returned to office, leaving U.S. tariff threats looming over the euro zone's sluggish economy and potentially complicating the economic outlook.
The European Central Bank accelerates the development of the digital euro to counter the economic policies of former President Donald Trump.
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The global economy is on edge as U.S. President Donald Trump's proposed tariffs ripple across financial markets, sparking volatility and shifts in currency values. The U.S. dollar – which had recently reached a two-year high earlier this month – has shown signs of weakness amid investor uncertainty and fallen to a two-week low,
In a story published Jan. 28, 2025, about billionaires who are advisers to President Donald Trump, The Associated Press erroneously stated that Doug Burgum has an estimated net worth of
It's a big week ahead as the U.S. Federal Reserve, European Central Bank and Bank of Canada hold their first meetings of 2025. Into the mix go earnings from heavyweights including Apple and Tesla, and likely market spikes from comments by new U.
It was not the outcome Trump said a week earlier he would "demand" from a Fed chief he appointed in his first term, soured on over differences about rate policy
The ECB cut the policy rate to 2.75% as expected, thereby approaching the estimated neutral range of 1.75% to 2.5%. Weak growth numbers helped feed the dovish sentiment and we think the front end of the euro curve can therefore still move lower.
OTTAWA - The Canadian economy contracted in November, but preliminary estimates point to a rebound at the end of the year as the country faces an uncertain future with U.S.
U.S. President Donald Trump's trade tariff threat on global trade has increased the appeal of Bitcoin and gold. Trump stated
The yen was set for its best January performance since 2018 on Friday, driven by the expectation for Japanese interest rates to keep rising, while the Mexican peso and Canadian dollar held firm ahead of U.