US Fed chief says energy shock manageable for now but warns inflation risks could grow

US Fed chief says energy shock manageable for now but warns inflation risks could grow

The head of the US central bank, Jerome Powell, said the economic impact of the recent surge in energy prices appears manageable for now. However, he cautioned that the situation could become more serious if people and businesses begin to expect inflation to stay high for a longer period. Speaking during an event at Harvard […]

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China Calls for Calm After US Supreme Court Blocks Trump Tariffs, But New Trade Tensions Loom

China Calls for Calm After US Supreme Court Blocks Trump Tariffs, But New Trade Tensions Loom

In a dramatic turn in global trade politics, China has urged the United States to withdraw unilateral tariffs introduced by President Donald Trump after the US Supreme Court struck down several of his key trade measures. In a narrow six-to-three ruling on Friday, the court determined that Trump did not have the authority under a […]

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