Fed’s independent structure has proved its worth, Waller says

Fed Governor Christopher Waller advocates for the preservation of the Federal Reserve's structure, emphasizing long terms and independence lead to better policy and economic stability.

NY Fed’s Perli says regular morning Standing Repo Facility operations coming

The article discusses the resilience of markets during recent stresses, outlines the Fed's monetary policy adjustments, and highlights the upcoming availability of the Standing Repo Facility for liquidity.

Canada’s unemployment rate jumps to 6.9% in April as Trump tariffs bite

Canada's unemployment rate rose to 6.9% in April due to U.S. tariffs, impacting the economy and prompting potential Bank of Canada rate cuts.

Germany’s Merz does not rule out EU defence borrowing

Chancellor Merz discusses common EU defence borrowing and increasing national spending, emphasizing cautious fiscal policies amid growing global debt and geopolitical challenges.

Trump says he’s OK with taxing the rich but warns of political fallout

Trump expresses willingness to raise taxes on rich Americans, while Republicans debate tax cuts and spending. Some view it as a means to support middle-class tax relief.

Ahead of key China talks, Trump says 80% tariff ’seems right’

Trump proposes an 80% tariff on Chinese goods, aiming to de-escalate trade tensions ahead of talks, marking the first specific alternative to current levies.

Factbox-Brokerages slash S&P 500 annual targets, GDP forecasts on tariff turmoil

Fed’s Kugler says US labor market stable, close to maximum employment

Federal Reserve Governor Adriana Kugler indicates the U.S. labor market is stable with a 4.2% unemployment rate, aligning with Fed goals, while no immediate action on monetary policy is planned.

Expedia shares fall after soft US travel demand leads to revenue miss

Expedia's shares fell 9.2% due to missed quarterly revenue estimates caused by lower demand amid economic uncertainty, and concerns about the upcoming summer travel season.

China’s central bank to spur financing support for consumption, trade

China's central bank will stimulate consumption and trade with supportive measures, including liquidity injections and tailored guidelines, amid ongoing US trade tensions.