Tag: breaking economic news

Powell warns Fed independence is at risk amid rising political pressure from Trump-era tensions

Powell warns Fed independence is at risk amid rising political pressure from Trump-era tensions

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Outgoing US Federal Reserve Chair Jerome Powell has strongly defended the importance of central bank independence, warning that political interference could permanently damage public trust in the institution responsible for guiding America’s monetary policy. Speaking at an award ceremony hosted by the John F. Kennedy Library Foundation, Powell said the Federal Reserve is currently facing […]

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Bangladesh raises fuel prices again as energy strain deepens amid global pressure

Bangladesh raises fuel prices again as energy strain deepens amid global pressure

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Bangladesh has increased fuel prices for the second time in just six weeks, reflecting ongoing financial stress linked to global energy disruptions and rising import costs driven by geopolitical tensions in the Middle East. The government, which relies on imports for around 95 percent of its fuel supply—mostly sourced from the Middle East—adjusted prices in […]

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