Fed’s Goolsbee says inflation could come ‘roaring back’ if central bank independence goes away

Chicago Federal Reserve President Austan Goolsbee expressed caution Thursday about recent attacks on the central bank and Chair Jerome Powell, saying they could adversely affect inflation. “Anything that’s infringing or attacking the independence of the central bank is a mess,” Goolsbee said during a CNBC “Squawk Box” interview. “You’re going to get inflation come roaring…

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India–China trade: Exports jump 67% in December on electronics, marine shipments; imports also rise

India’s merchandise exports to China surged 67.35% year-on-year to $2.04 billion in December, driven by higher shipments of electronics, marine and agricultural products, according to Commerce Ministry data released on Thursday.The sharp rise was led by exports of oil meals, marine products, telecom instruments and spices. In the electronics segment, key items registering strong growth…

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Morgan Stanley MS Q4 2025 earnings

People walk past Morgan Stanley global headquarters in Manhattan on March 20, 2025 in New York City.  Spencer Platt | Getty Images Morgan Stanley on Thursday reported fourth-quarter results that exceeded Wall Street expectations on the back of strong revenue from wealth management. Here’s what the company reported compared with what Wall Street analysts surveyed…

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Pro-Iran rallies swell in Kargil as UP Shia clerics urge government to support Tehran | India News

SRINAGAR/LUCKNOW: Ladakh and UP saw a coordinated surge of pro-Iran sentiment as thousands rallied in Kargil district Wednesday and prominent Shia clerics in Lucknow called for sanctions relief, dialogue and Indian support for Tehran.In Kargil, a Shia-majority district in eastern Ladakh bordering PoK, large crowds gathered at multiple locations to back Iran’s supreme leader Ayatollah…

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