Top Results For: Federal Reserve

Nivrita Ganguly joins Global’s Amandalina Letterio to discuss what to expect from highly-anticipated monetary policy meetings at the Bank of Canada and U.S. Federal Reserve this week.

U.S. President Donald Trump on Tuesday asked his treasury secretary, Scott Bessent, to investigate whether his predecessor Joe Biden used an autopen to sign the appointments of some Democratic members of the Federal Reserve’s Board of Governors.

Global central banks are gearing up for an important week, with several — including the Bank of Canada and the U-S Federal Reserve — set to decide interest rates in the days ahead. Nivrita Ganguly has more on what to expect.

At the U.S.-Saudi Investment Forum Wednesday, President Trump reiterated his disdain for Federal Reserve Chair Jerome Powell, saying he has “some real mental problems” and calling him “grossly incompetent.”

The Centers for Disease Control and Prevention (CDC) and the Federal Reserve are both under intense pressure from U.S. President Donald Trump’s administration. Neetu Garcha explains the White House’s attempts to fire senior officials in both independent agencies, and the widespread pushback.

U.S. Federal Reserve Governor Lisa Cook says she will sue President Donald Trump’s administration to try to prevent him from firing her. Neetu Garcha explains why Trump is trying to dismiss Cook, how it’s escalating his feud with the U.S. central bank, and what he could be trying to achieve.

U.S. President Donald Trump on Monday said he was firing Federal Reserve Governor Lisa Cook over alleged improprieties in obtaining mortgage loans, an unprecedented step that could test the boundaries of presidential power over the independent monetary policy body should it be challenged in court. Trump said in a letter to Cook that he had...

The Bank of Canada has reduced its key interest rate by 25 basis points, bringing the overnight lending rate to 2.5 per cent. This comes as the U.S. Federal Reserve cut its rate for the first time this year. Financial expert Rubina Ahmed Haq joins Miranda Anthistle for this week’s more information in this week’s...

Borrowing costs are coming down for some Canadians with variable-rate debt after the Bank of Canada on Wednesday delivered its first interest rate cut since march, lowering its overnight benchmark rate by 25 basis points to 2.5 per cent. Anne Gaviola has more on this and the impact of the latest move from the U.S....

On Friday, Canadian Prime Minister Mark Carney gave a speech at Canadian Club Toronto to elaborate on the 2025 federal budget, highlighting the need for a “dramatic” economic strategy change under the straining trade ties with the U.S. “The world has become more dangerous and divided, and that decades-long process of an ever-closer economic relationship...

During a visit to the Federal Reserve in Washington, D.C. on Thursday, U.S. President Donald Trump was fact-checked by Fed Chair Jerome Powell after he claimed the overhaul of the headquarters cost $3.1 billion.

White House Press Secretary Karoline Leavitt confirmed Tuesday that U.S. President Donald Trump is weighing a possible lawsuit against Federal Reserve Chair Jerome Powell over renovations to the central bank’s Washington, D.C. headquarters, but did not go into details.

The Bank of Canada and the U.S. Federal Reserve have both held their interest rates firm for several months, with both countries having unstable economic outlooks. Anne Gaviola explains how central banks decide interest rates, how they’re independent from federal governments, and how much longer interest rates could hold steady.

Speaking in the Oval Office Tuesday, U.S. President Donald Trump told reporters that Federal Reserve Chair Jerome Powell will be “out” in approximately “eight months.” The Republican leader went on to blame the U.S. housing crisis on “numbskull” Powell’s decision not to lower interest rates.

U.S. President Donald Trump said he wasn’t planning to fire Federal Reserve Chair Jerome Powell even as he unleashed another round of criticism against the central bank chief during an unrelated bilateral meeting at the White House.

U.S. President Donald Trump took aim at Federal Reserve Chair Jerome Powell again over his refusal to lower interest rates, accusing the central bank’s head of doing a “terrible job.” Trump called for rates to be lowered by 3 points.

On Wednesday, U.S. President Donald Trump and Federal Reserve Chair Jerome Powell offered similar statements, on different continents, about the state of the U.S. economy – with only their conclusions differing (to say the least). Speaking in Washington, Powell said the state of the U.S. economy was strong and inflation was under control, sentiments echoed...

Indigenous leaders from across the country united in Montreal on Thursday to send a message to the new federal government. They are demanding better access to healthcare for Indigenous Peoples living in urban areas. They argue that services are more likely to be found on reserves, even though the vast majority of the Indigenous population...

U.S. President Donald Trump is publicly musing about firing Jerome Powell, the chair of the Federal Reserve, America’s central banking system. Jackson Proskow explains why; how Trump can’t get rid of Powell; and why the spat could be more bad news for the stock market.

U.S. President Donald Trump spoke Wednesday as he reached the first 100 days of his administration and seemed to suggest that he knows more about interest than Federal Reserve Chairman Jerome Powell. “I think I understand interest a lot better than him because I’ve had to really use interest rates. But we should have interest...