Contributor: Trump’s Fed battle is not like his other political tussles
President Trump is once again floating the idea of firing Federal Reserve Chair Jerome Powell, ostensibly in objection to excessively high interest rates. But this…
European Central Bank delivers final rate cut of the year
The ECB started cutting the main interest rates in June 2024, to boost the Eurozone's lagging economy, through lower rates to encourage borrowing, spending and…
Pound soars to 29-month high following Fed rate cut signal at Jackson Hole
The British pound surged to its highest level against the US dollar given the Bank of England's less dovish stance compared to that of the…