Finance

The Fed ‘desperately’ wants to avoid a recession because it doesn’t want to get blamed and put its independence at risk, top economist says

The Fed ‘desperately’ wants to avoid a recession because it doesn’t want to get blamed and put its independence at risk, top economist says

The Federal Reserve may have more at stake than economic growth as policymakers prepare to meet on rates this coming week. In an interview with CNBC on Thursday, Moody’s Analytics chief economist...

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Ørsted Battles for Survival as Trump Targets Wind Energy

Ørsted Battles for Survival as Trump Targets Wind Energy

The Danish wind giant Ørsted is fighting for its survival after United States President Donald Trump introduced a barrage of orders limiting the growth of the wind power sector. After declaring a...

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Global 36-Hour Interest-Rate Spree Heralds First US Cut of 2025

Global 36-Hour Interest-Rate Spree Heralds First US Cut of 2025

Chairman of the US Federal Reserve Jerome Powell, from left, Governor of the Bank of Canada Tiff Macklem, and Governor of the Bank of England Andrew Bailey. (Bloomberg) — The first US...

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