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JEROME POWELL FED DECISION
US stocks: US market rallies, Dow ends with record on US-Iran deal, oil price slideWall Street indexes surged Monday, with the Dow hitting a record high following a preliminary US-Iran agreement that eased inflation fears ...
Psychology says adults who look up restaurant menus before meeting friends aren’t fussy; they’re lowering cognitive load before connection begins, because too many small unknowns can drain social energyChecking restaurant menus beforehand is not fussiness but a smart way to manage mental energy. Social gatherings demand attention for conve...
US Stock Market: Fed meeting in focus as Wall Street navigates volatility amid evolving US-Iran peace dealAfter months of gains, U.S. markets enter a pivotal week as investors assess the Federal Reserve’s upcoming policy decision amid persistent...
Kospi jumps 6% as US-Iran peace deal triggers super surge; index up over 100% YTDSouth Korean stocks jumped 6% on Monday as easing geopolitical tensions lifted global risk sentiment after the US and Iran reached an initi...
Egyptian proverb of the day: 'Entering a bathroom is not like leaving it' ; Arabic wisdom teaches us that actions have consequencesThe proverb 'Entering a bathroom is not like leaving it' highlights the difficulty of extricating oneself from situations once entered, emp...
Wall Street Week Ahead: Newly led Fed poses wildcard for rockier US indexesInvestors are closely watching the Federal Reserve's first meeting under new Chair Kevin Warsh amid concerns that interest rate hikes to co...
West Indies beat Sri Lanka by seven wickets in opening T20 cricket match at Kingston, JamaicaWest Indies secured a seven-wicket victory against Sri Lanka in the first Twenty20 match. Rovman Powell hit the winning six in the final ov...
US jobless aid filings rise to 229,000 last week, remain historically low despite Iran war headwindsAmerica's jobless claims saw a slight increase last week, yet remain historically low. This comes despite economic challenges linked to the...
Fed's Schmid says choice is between patience and rate hikes to tamp down inflationKansas City Fed President Jeffrey Schmid signaled the central bank may need to consider rate hikes as inflation hovers near 3.5%, staying a...
First goes the Fed dot, then guidance - and then a hike?The Federal Reserve's interest rate forecasts, known as the dot plot, might be removed. This change could signal a shift in policy under th...
Fed's Warsh inherits economy increasingly squeezed by inflationNew Fed Chair Kevin Warsh faces a challenging economy. Rising inflation, fueled by the Iran war's impact on energy and goods, is squeezing ...
Nvidia bets on artificial intelligence personal computers with new chip powering Windows laptops and desktopsNvidia is launching powerful new chips for laptops and desktops. These will bring advanced AI functions to personal computers. Microsoft an...
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 ...
US Stock Market: Fed Vice Chair Jefferson backs current rate stance ahead of June meetingFederal Reserve Vice Chair Philip Jefferson said the current US monetary policy stance remains appropriate as policymakers assess persisten...
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...
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...