Fed’s Schmid: Tariffs keep uncertainty unabated

Kansas City Fed President Jeffrey Schmid said that the current high uncertainty is still being driven by the tariff debate.

May 23, 2025

USD/CHF declines due to Trump's tariff threat on the EU and rising risk aversion

The Swiss Franc (CHF) continues to strengthen against the US Dollar (USD) on Friday, with concerns over the health of the United States (US) economy weighing on the Greenback.

US Treasury Sec. Bessent :US is far along in trade talks with India, Asian countries

In an interview with Fox News on Friday, United States (US) Treasury Secretary Scott Bessent said that US President Donald Trump believes that the European Union's proposals have not been of good quality, per Reuters.