Browsing Tag

inflation

US inflation rises 4.2 % in May

The United States experienced its largest increase in year-over-year inflation in three years in May, reaching 4.2 %. According to analysts, "this spike is in line with market expectations, which anticipated the continuation of an upward…

Fed leaves rates unchanged

Last week, Jerome Powell chaired the Fed's final meeting, keeping rates between 3.5 % and 3.75 %, before being replaced by Kevin Warsh at the end of the month. In an official statement, the Federal Reserve indicated that inflation in the…

New Fed chair to be announced in 2026

U.S. President Donald Trump indicated that he will announce the successor to Jerome Powell, current chairman of the Federal Reserve (Fed), in early 2026. Trump stated that he had offered the position to Treasury Secretary Scott Bessent,…