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How the US lost its stranglehold on global reserve currency status
The US dollar’s status as the global reserve currency began in the wash-up of World War II. The entire postwar financial ...
Hold up: Temporary nature of tariff deals makes a Fed rate cut difficult in June, economist says
The inflation backdrop improved in April, with a slight annual decrease reflected in the consumer-price index based on a 2.3% ...
J.P. Morgan lowers 2025 recession expectations to 'below 50%,' expects Fed to cut rates once in December
J.P. Morgan chief U.S. economist Michael Feroli has dialed back his forecast for a recession in 2025 to "below 50%," according to a report shared with MarketWatch on Tuesday. Feroli also pushed back ...