Federal Reserve Governor Lisa Cook delivered a pointed caution to policymakers and business leaders, warning that the growing application of tariffs on imports could curb U.S. productivity gains and ultimately exacerbate inflation—forcing the central bank to consider higher interest rates… Read More ›
Corporate dealmakers around the world hit the brakes in April, driving merger and acquisition volumes to their lowest point since February 2005. The sharp slowdown follows U.S. President Donald Trump’s declaration of a “Liberation Day” trade offensive on April 2,… Read More ›
In the first quarter of 2025, the United States economy experienced its first contraction in three years, with the gross domestic product (GDP) decreasing at an annualized rate of 0.3%. This downturn is attributed to a combination of factors, including… Read More ›
A deepening shortage of certified accountants in the United States has prompted a wave of U.S.-based accounting firms to expand their operations in India, tapping the country’s burgeoning pool of finance graduates to shore up staffing and service delivery. As… Read More ›
In a bid to allay growing concerns over cheap exports undercutting domestic producers, China’s ambassador to India, Xu Feihong, has emphatically assured New Delhi that Beijing will not resort to market dumping as a tactic of its ongoing trade dispute… Read More ›
As U.S. President Donald Trump marks the centenary of his second term in office, European Union leaders find themselves grappling with a cascade of unpredictable policies that have upended transatlantic trade relations, shaken security alliances and injected fresh uncertainty into… Read More ›
China’s Vice Premier He Lifeng has emerged as a central figure in navigating the fallout from former President Donald Trump’s sweeping tariff edicts, which have levied duties of up to 145 percent on many Chinese exports. In recent months, global… Read More ›
A week of high-level discussions in Washington wrapped up without concrete answers on the future of U.S. tariffs, leaving finance ministers and central bankers uncertain about how—and when—trade tensions might ease. Delegations failed to secure firm commitments from U.S. Treasury,… Read More ›
Emerging economies are facing a deepening debt crisis exacerbated by persistent global policy uncertainty and rising interest rates, World Bank Chief Economist Indermit Gill warned this week. In remarks delivered on the sidelines of the IMF–World Bank spring meetings in… Read More ›
A recent semiannual survey conducted by the Federal Reserve revealed that escalating international trade tensions and broad policy uncertainty now rank as the foremost risks to the stability of the U.S. financial system, displacing longer-standing concerns such as debt sustainability… Read More ›
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