Rupee hits near three-week low at 95.24 vs USD as Asian currencies drop on Fed, Iran war cautionThe Indian rupee hit a near three-week low on Wednesday, mirroring declines in Asian currencies. Investors grew cautious ahead of U.S. Fede...
Bitcoin slips below $59,000 as strong dollar and Fed uncertainty weigh on sentimentBitcoin dipped below $59,000 amid a strong dollar and Federal Reserve uncertainty, with major altcoins showing mixed movements. Analysts po...
US Stock Market: Fed liquidity operations signal calm quarter-end as money markets stay well suppliedThe U.S. Federal Reserve's liquidity measures are expected to keep quarter-end funding markets stable, with traders anticipating minimal st...
Yen sinks to four-decade low as dollar gets yields boostThe dollar surged to a 40-year high against the yen, fueled by rising U.S. Treasury yields and anticipation of a Federal Reserve rate hike....
US Stock Market: Warsh faces crucial week with court ruling, global debut in focusFederal Reserve Chair Kevin Warsh faces a crucial week. The Supreme Court's decision on Governor Lisa Cook's removal will test the central ...
Dollar poised for best month in nearly a year; eyes on jobs data, Gulf tensionGlobal tensions and upcoming U.S. jobs data are keeping the dollar strong, despite a slight dip today. Investors are seeking refuge in the ...
Two-year yields dip as Hormuz flows rise, hopes on inflation growTreasury yields dipped Friday as falling oil prices, linked to increased Strait of Hormuz shipments, sparked hopes of easing inflation. Whi...
IMF chief economist says Fed reduction in rate guidance is 'entirely appropriate'The IMF's chief economist, Pierre-Olivier Gourinchas, has endorsed Federal Reserve Chair Kevin Warsh's move to reduce explicit forward guid...
'Growth momentum solid,' IMF says, backing Fed's wait-and-see approachThe U.S. economy is showing robust growth, with first-quarter GDP revised upwards to 2.1%. The International Monetary Fund anticipates infl...
US Stock Market: Bessent applauds Fed communication reset, questions dot plot's relevanceU.S. Treasury Secretary Scott Bessent has backed Federal Reserve Chair Kevin Warsh's push to revamp the Fed's communication strategy, inclu...
Gold extends losses on Fed tightening outlook, dollar strengthGold prices tumbled to a seven-month low on Thursday, nearing $3,985 per ounce, as a robust dollar and anticipation of Federal Reserve inte...
Why Fed's bubble blind spot is cause for anxietyNew Federal Reserve Chair Kevin Warsh may follow Alan Greenspan's approach of not intervening in financial bubbles, a strategy that led to ...
US Stock Market: Warsh to face lawmakers in key semiannual policy testimony on July 14Federal Reserve Chair Kevin Warsh is set to deliver his inaugural semiannual monetary policy address to Congress on July 14. This crucial a...
Former US Fed chairman Alan Greenspan passes away at 100Alan Greenspan, former US Federal Reserve chief, has passed away at 100. He steered the American economy through significant events like th...
His span was much wider than FedAlan Greenspan, the influential former Fed chair, guided US monetary policy for nearly two decades, overseeing an era of low inflation and ...
Warsh's gamble: A quieter Federal Reserve could mean volatile markets, higher ratesNew Federal Reserve Chair Kevin Warsh is significantly reducing the central bank's communication, particularly "forward guidance" on intere...
Decision-Day Guide: Warsh faces first big test as Fed ChairFormer Fed governor Kevin Warsh, if elevated to Federal Reserve Chair, faces his first major test amid heightened market sensitivity to US ...