June 8, 2025
Sydney 29

Donald Trump says he has ‘no intention of firing’ Fed Reserve Chair Jerome Powell amid rate dispute

US president Donald Trump on Tuesday said he does not plan to remove Federal Reserve Chair Jerome Powell, even as he renewed his call for the central bank to lower interest rates. Speaking at a White House event, Trump tried to ease market concerns sparked by speculation about Powell’s future. “I have no intention of […]

Beijing has ‘sufficient reserve of policy tools’: Chinese Premier Li Qiang over Trump’s tariff war

Representative image China’s second-highest leader Li Qiang said on Tuesday that the country has the necessary tools to handle economic challenges, following widespread tariffs imposed by the United States, China’s main trading partner. “China’s macroeconomic policy this year takes full account of various uncertainties and has a sufficient reserve of policy tools,” Premier Li Qiang […]