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FED INDEPENDENCE
Pakistan: Market timings revised in Islamabad amid austerity driveIslamabad businesses are required to close by 8 pm from Monday. This is part of the government's austerity measures to conserve energy. Res...
US Stock Market: Powell defends Fed autonomy as political pressure reaches new highsFormer US Federal Reserve Chair Jerome Powell strongly defended the central bank's independence. He warned that political interference coul...
Powell uses JFK award speech to warn against political pressure on Fed, courts and schoolsJerome Powell, former Federal Reserve Chair, received an award for safeguarding the central bank's independence. He emphasized the crucial ...
Jerome Powell sounds alarm on Fed independence, says central bank faces 'stress test'Jerome Powell, former head of the US Federal Reserve, has spoken out against political interference in the central bank. He emphasized the ...
Raise it, regulators: A repo rate hike - 50 bps increase to 5.75 perhaps - will reduce CAD, incentivise capital flowsIndia's monetary policy committee faces a complex decision. Delayed economic growth data and an unknown US Federal Reserve policy create si...
Gold rebounds after Iran and US reach outline ceasefire dealThursday saw a resurgence in gold prices, which jumped more than one percent as they bounced back from a two-month low. This recovery was f...
French AI firm Mistral announces deals with BMW, AirbusFrench AI company Mistral is forging new alliances with automotive giant BMW and aerospace leader Airbus. These collaborations aim to expan...
Supply shock, debt may hurt central bank independence, ex-Fed executive saysFormer Fed executive Donald Kohn warned that political pressures on central bank independence are likely to increase. Public dissatisfactio...
US Market: Fed, FDIC push leaner, risk-focused bank supervisionUS financial regulators are enacting significant changes to bank oversight, moving away from detailed paperwork towards focusing on "materi...
Chinese proverb of the day: 'The master leads you to the door, but cultivation depends on...' - life lessons on self-discipline, effort, self-driven learning and why mentors can guide but not guarantee successChinese proverb of the day: Guidance opens doors, but true mastery hinges on personal effort and self-discipline. A Chinese proverb emphasi...
US Stock Market: Kevin Warsh’s Fed debut signals major shift in US monetary policy landscapePresident Donald Trump now directly influences US economic policy with Kevin Warsh leading the Federal Reserve. This change comes as inflat...
US Fed chair Kevin Warsh says will be 'reform-oriented' at glitzy White House swearing-inNew US Federal Reserve chair Kevin Warsh vowed to be "reform-oriented" as he was sworn in at the White House on Friday, with President Dona...
Angst over rising cost of living pushes US consumer sentiment to record lowUS consumer sentiment fell to a record low in May as rising gasoline prices driven by the Iran war intensified cost-of-living pressures. In...
Kevin Warsh takes oath as US Federal Reserve chairKevin Warsh has taken the oath as the new US Federal Reserve chair. President Donald Trump stated his desire for Warsh to be fully independ...
Kevin Warsh takes over US Fed with a policy problem already in viewAn unfolding boom in artificial intelligence technology is reshaping the economy in ways Fed officials say could be profound for workers, c...
Warsh takes over Fed with a policy problem already in viewKevin Warsh takes charge as the new Fed leader. He faces a critical juncture for the economy and monetary policy. Inflation is high and cou...
US Stock Market: Fed mulls longer dollar liquidity support for global central banksThe US Federal Reserve is considering extending dollar swap lines with major global central banks to strengthen financial stability amid ri...