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EU, China close to agreement over EV import tariffs, leading MEP says

FRANKFURT (Reuters) -Brussels and Beijing are nearing a solution over tariffs on Chinese electric vehicle imports into the bloc, the chair of the trade committee of the European...

Fed announces policy framework review, plans for May 15-16 conference

By Howard Schneider WASHINGTON (Reuters) -The U.S. Federal Reserve on Friday announced plans for a May 15-16 conference and public "Fed Listens" events around the country as part...

New York Fed paper challenges notion of discount window stigma

By Michael S. Derby NEW YORK (Reuters) - The banks most reluctant to tap the U.S. central bank's discount window to shore up their capital are in fact those who face the highest...

Explainer-How quickly can Trump's Musk-led efficiency panel slash US regulations?

By Daniel Wiessner and Brendan Pierson (Reuters) - Elon Musk and Vivek Ramaswamy, who were tapped by Republican President-elect Donald Trump to lead a new Department of Government...

DOGE may push for Fannie Mae and Freddie Mac sale, TD Cowen says

Department of Government Efficiency (DOGE) could push for sale of mortgage financing firms Fannie Mae (OTC:FNMA) and Freddie Mac (OTC:FMCC) as part of its...

Fed finds discount window stigma persistent post-crisis

The Federal Reserve Bank of New York released a comprehensive analysis of the stigma associated with the Federal Reserve’s Discount Window (DW) from 2014 to 2024. The report...

EU ready to react to any renewed US trade tensions under Trump, ambassador says

WASHINGTON (Reuters) - The European Union is prepared to react to any renewed trade tensions with the United States that may emerge under President-elect Donald Trump's second...

Manufacturing PMI Holds Steady, Meets Forecasted Numbers

The Manufacturing Purchasing Managers' Index (PMI) has managed to hold its ground, according to recent economic data. The actual PMI reading came in at 48.8, which was exactly in...

Deutsche Bundesbank president Nagel advocates for a united Europe

In a recent speech at the European Banking Congress in Frankfurt am Main, Joachim Nagel, President of the Deutsche Bundesbank, emphasized the importance of collaboration between...

Tariffs could hurt growth, boost inflation for all, Bundesbank chief warns

FRANKFURT (Reuters) - Europe and the U.S. will both take a growth hit if there is a new trade war and inflation could also rise, increasing pressure on EU leaders to kick start...

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