Kyle Fitzgerald

6 days ago | thenationalnews.com | Kyle Fitzgerald

Shipping containers are stacked at the Port of Baltimore in Baltimore, Maryland. AFPWhich US products will suffer most in trade war with China?

6 days ago | thenationalnews.com | Kyle Fitzgerald

The International Monetary Fund on Thursday announced it has disbursed roughly $130 million to Jordan as part of its extended fund facility (EFF). The Washington-based lender approved its EFF with Jordan – valued at roughly $1.2 billion – last year.

1 week ago | thenationalnews.com | Kyle Fitzgerald

International Monetary Fund managing director Kristalina Georgieva on Thursday warned that shifting trade policies will test the resilience of economies to respond to large shocks. The remarks come ahead of next week's IMF and World Bank Spring Meetings. Hanging over the gatherings is the uncertainty over the world economy, largely due to US President Donald Trump's tariff regime.

1 week ago | thenationalnews.com | Kyle Fitzgerald

US President Donald Trump on Thursday called for the “fast” termination of Federal Reserve chairman Jerome Powell – again lashing out at the central banker for not cutting interest rates. Mr Trump's latest threat towards Mr Powell came shortly after the European Central Bank cut interest rates. On Wednesday, Mr Powell suggested the Fed is in no hurry to reduce US rates. “Too Late should have lowered Interest rates, like the ECB, long ago, but he should certainly lower them now.

1 week ago | thenationalnews.com | Kyle Fitzgerald

US Federal Reserve chairman Jerome Powell on Wednesday said the economic effects of America's recently announced tariffs could force the central bank to decide whether to prioritise tackling high inflation or weakening growth. “We may find ourselves in the challenging scenario in which our dual-mandate goals are in tension,” Mr Powell told the Economic Club of Chicago. Unlike most other central banks, the Fed has two mandates of maintaining price stability and promoting employment growth.