US Fed meeting: The US Federal Reserve began its two-day policy meeting on March 17, with the outcome slated to be announced later tonight, March 18. The Federal Reserve meeting comes against the backdrop of the US-Iran conflict, which has heightened uncertainty in the global economy. The tensions, which began on February 28, have disrupted…
On a day when the lights went out across Cuba, Donald Trump switched his own on. Speaking to reporters at the White House on Monday, the US president declared that he believed he would have “the honor of taking Cuba”. Trump’s move on Cuba follows a now-familiar playbook: in January, US forces captured Venezuelan leader…
The US Federal Open Market Committee (FOMC) meeting is scheduled for March 17-18 amid a raging war in West Asia, or the Middle East. Just a month ago, most market participants were almost certain that the US Federal Reserve would cut interest rates at least three times this year, with reductions beginning in the second…
US President Donald Trump is set to deliver the 2026 State of the Union Address at 9 pm ET local time on Tuesday (7.30 am IST on Wednesday). With the midterm elections approaching, Trump is expected to focus on issues critical to the Republican party’s success, with his address likely to be a test run…
Stock market crash: Following weak global cues, the Indian stock market witnessed strong selling pressure on Friday. The Indian stock market crash was broad-based but disproportionately driven by high-beta and growth-oriented sectors. IT bore the brunt of the pressure amid AI disruption fears and global tech weakness, significantly dragging down index heavyweights. Metals and mining…
United States President Donald Trump, on Friday, 30 January 2026, nominated his longtime ally and former Federal Reserve governor, Kevin Warsh, to succeed Chairman Jerome Powell as the next Chairman of the US central bank amid the federal administration’s plea to cut the interest rates of the economy. “I am pleased to announce that I…
Ray Dalio’s April 2025 warning of a “breaking down of the monetary order” amid surging US debt and tariffs now appears prescient as global growth slows and de-dollarization efforts accelerate in early 2026. In the resurfaced NBC interview, the Bridgewater founder highlighted five historical forces — debt cycles, internal conflicts, geopolitical shifts, acts of nature,…
The world economy is likely to stay resilient this year despite President Donald Trump’s protectionist trade policies, driven largely by heavy investments in artificial intelligence by companies in North America and Asia, the International Monetary Fund said in a report on Monday. According to the IMF report, global economic growth is projected at 3.3% in…
White House trade advisor and US President Donald Trump’s aide, Peter Navarro, claimed that the people of the United States are allegedly paying for the artificial intelligence (AI) services that companies provide in India, according to a telephonic interview with the former White House chief strategist Steve Bannon. Peter Navarro questioned why the Americans should…
US President Donald Trump expressed frustration over the possibility that his Republican Party could lose control of the US House of Representatives or the Senate in this year’s midterm elections. In an interview with Reuters from the Oval Office of the White House on 14 January, the President substantiated his view by pointing to past…
