US Federal Reserve Chair Jerome Powell said that Donald Trump’s tariffs are creating “a great deal of uncertainty.”
![US Federal Reserve Board Chairman Jerome Powell speaks during a news conference following a Federal Open Market Committee meeting at the Federal Reserve in Washington, DC, on May 7, 2025.[Brendan Smialowski/AFP]](https://www.aljazeera.com/wp-content/uploads/2025/05/image-1746649552.jpg?resize=570%2C380&quality=80)
US Federal Reserve Chair Jerome Powell said that Donald Trump’s tariffs are creating “a great deal of uncertainty.”
Lebanon has a new central bank governor. But critics say he’s too close to traditional powers who created the crisis.
Central bank Governor Ahsan Mansur talks about the hunt for wealth transferred out of the country by political elites.
A long-planned bank to fund oil and gas projects in Africa must balance profit with climate considerations, experts say.
Consumer watchdog said new rule would lead to rising credit scores and an additional 22,000 low-cost mortgages annually.
After topping $100,000, Bitcoin supporters see the cryptocurrency soaring even higher.
With India’s economic growth slowing down and inflation rising, the new governor will have challenges to deal with.
Muslim charities are getting kicked off payment platforms by mainstream financial firms for no discernible reason.
Hwang had been convicted in July on 10 criminal charges including wire and securities fraud, market manipulation.
The Florida-based airline is the first major US airline to file for Chapter 11 bankruptcy protection since 2011.
Australian Prime Minister Anthony Albanese says move would help ease cost of living for households.
Prime Minister Giorgia Meloni says her opponents want to derail democracy – but is that true?
The plea deal includes imposition of an asset cap and other limitations to its business.
With the central bank in turmoil, analysts say that diplomatic efforts in Libya are failing its people.