The world’s central banks are walking on eggshells in 2025, with President Donald Trump back in the driver’s seat of the U.S. economy. His return is already affecting global financial systems, forcing policymakers from Tokyo to Toronto to rethink their strategies.
President-elect Donald Trump and Federal Reserve Chair Jay Powell have clashed before, and there is a chance they could do so again in 2025.
When it comes to the US economy, the spotlight is on whom the president-elect might try to dismiss rather than whom he plans to appoint.
While almost all major economies should see monetary easing during the coming year, the pace is likely to slow.
The CBO estimated that more tariff revenue would help shrink the federal budget deficit by $2.7 trillion from fiscal years 2025 to 2034.
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A little jawboning won’t hurt, but firing Powell or designating a ‘shadow chairman’ would.
Heading into a new year with a new administration, policymakers project fewer cuts and somewhat more stubborn inflation.
In simple terms, a tariff is a sales tax on items imported from foreign countries. Trump plans to implement a 25% tariff on all goods imported from Canada and Mexico, as well as an additional 10% tariff on anything imported from China, The Guardian reported.
Bitcoin's price could rise from $150,000 to $400,000 by 2025, with a potential 400% increase from its current price of $94,981, according to Blockware
Gold prices rose on Thursday, buoyed by volatility in equities and fresh positioning while the U.S. Federal Reserve's interest rate outlook remained in focus ahead of trade tariffs proposed by President-elect Donald Trump.
The idea of a US Bitcoin National Reserve gained traction after Trump's July 2024 proposal and November 2024 election victory. See why I am cautious about this hype.