Fed kicks off 2024 by standing pat on interest rates
Chairman Jerome Powell said the central bank is in wait-and-see mode amid mostly positive U.S. economic conditions.
Oil hits 2-week low as China's DeepSeek AI spurs demand fears
Oil prices fell about 2% to a two-week low on Monday as news of surging interest in Chinese startup DeepSeek's low-cost ...
Trump urges Opec countries to slash oil prices
The president says he wants Opec and Saudi Arabia to bring down the price of oil which he says is fuelling the Russia-Ukraine ...
Will The Trump Factor Influence Markets And The Fed This Week?
Investors this week will be keenly watching how or if the Federal Reserve and the bond market cooperate with Donald Trump’s order for lower interest rates.
Trump says he will 'demand' lower interest rates
President Donald Trump on Thursday said he will call for a lowering of U.S. interest rates, exerting pressure on the Federal ...
Crude Oil Faces Pressure Amid Trade Tensions And OPEC Uncertainty
This uncertain outlook in oil markets could pose a challenge to Canada's economic stability, given its heavy reliance on oil exports. Falling crude prices threaten to widen Canada's trade deficit, ...
Trump Slams Fed, OPEC in WEF Address; Markets React
US President Donald Trump used a virtual speech at the World Economic Forum to criticize the Federal Reserve and OPEC, ...