Fed’s silence on independence raises market jitters as Powell holds the lineJerome Powell’s cautious press conference, marked by a refusal to comment on politically sensitive questions, has intensified market concer...
Trump administration ready with a new Fed Chief nominationPresident Trump is reportedly preparing to nominate former Fed governor Kevin Warsh as the next Federal Reserve chair. Warsh, who visited t...
Trump plans to announce his Fed chief nominee on FridayPresident Donald Trump will announce his choice for the next Federal Reserve Chair on Friday. This comes as speculation intensifies over wh...
Trump says to announce new US Fed chair 'next week'Trump's comments at a cabinet meeting came after months of his escalating pressure on the independent central bank, with the president agai...
Bessent says Trump weighing four candidates to succeed PowellU.S. Treasury Secretary Scott Bessent said President Trump is weighing four strong contenders to succeed Fed Chair Jerome Powell, following...
Kevin Hassett says new Fed chair should be 'an independent person' who respects mandatesWhite House adviser Kevin Hassett, one of the candidates in the running to replace Federal Reserve Chair Jerome Powell, told CNBC in an in...
Dollar falls most since 2017 on Fed rate cut betsThe dollar experienced its sharpest annual decline in eight years, with further weakness anticipated if the next Federal Reserve chief purs...
Good chance Trump may unveil Fed pick by Christmas, Bessent saysA new leader for the U.S. Federal Reserve is expected soon. Treasury Secretary Scott Bessent is concluding interviews for the position. Pre...
Trump says new Fed chair decision might be made by year-endPresident Trump indicated a decision on the next Federal Reserve chair could be made by year-end. Treasury Secretary Scott Bessent stated a...
Investors contemplate fallout from US rates reaching 6%Instead, Federal Reserve Chair Jerome Powell's testimony on Tuesday is fueling expectations of a bigger hike this month, with traders prici...
Summers sees signs Fed tightening is having impact on US economyThe former Treasury chief noted again that history shows when inflation exceeds 4% and unemployment drops below 4% a recession occurs withi...
Wall St's 'fear gauge' spikes but unlikely to be pointing to a market crashThe Cboe Volatility Index, which for weeks had been easing toward its longer-term average price of 19.4, on Thursday jumped 7.03 points, it...
What’s BlackRock bond chief’s biggest fear?“Geopolitical risk also keeps me up at night, but I don’t sleep much anyway, and that will always be there.”
Blackrock is buying bonds at risk from Fed hikesIf Fed sticks to its path of three hikes in 2018, short-term yields will climb even higher
Bond traders still come out as winners after four fed rate hikesThe spread between five and 30-year debt narrowed for a third week since August.
Why the Federal Reserve has an 'epic, historic window' to raise interest ratesNow, the Fed has made pretty clear that it intends to begin raising rates - what it calls 'policy normalisation' - some time this year.
- Bond market backs Barack Obama with record demand
Investors are plowing cash into new US Treasuries at a record pace, making economic growth a key issue as Obama & Romney face-off in prez e...