US Federal Reserve chair Kevin Warsh says he will stick by 2% inflation target, vows to bring in real-time economic data for making interest rate decisionsFederal Reserve Chairman Kevin Warsh declared unwavering commitment to the 2% inflation target, signaling no monetary policy easing despite...
Global Market Today: Asian stocks rise after US tech gains, yen steadyAsian markets surged, mirroring a strong US performance driven by chipmaker gains and resilient economic data. Investors are largely overlo...
US Supreme Court says Fed's Cook can keep her job for now, but it upholds other Trump firingsThe Supreme Court has significantly broadened presidential authority, allowing presidents to dismiss heads of independent federal agencies ...
Wall Street Week Ahead: Jobs data, rate bets in focus as US stocks close solid first halfUpcoming jobs data could signal a strong U.S. economy, potentially leading to interest rate hikes and stock market jitters, especially for ...
US Stock Market: Sticky inflation keeps September Fed rate hike on table despite July pause expectationsUS Federal Reserve is expected to hold rates steady at its July meeting despite inflation hitting a three-year high. Markets see a possible...
'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 inflation tops 4% for first time in three years, keeping Fed hike in playUS inflation climbed to 4.1% in May, driven by rising energy prices, keeping the Federal Reserve's interest rate hike plans on the table fo...
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...
‘Future is atoms, not bits’: Sridhar Vembu reveals where Zoho is betting its R&D dollarsZoho founder Sridhar Vembu is championing a significant investment in research and development-led manufacturing, aligning with the view th...
Dollar rides high on Fed rate-hike betsThe US dollar is experiencing a significant surge, reaching multi-month highs against major currencies like the euro and yen. This strength...
Dollar hits 13-month high as rate-hike bets, stock rout boost demandThe US dollar has hit a 13-month peak, fueled by a selloff in tech stocks and growing expectations for interest rate hikes from the Federal...
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 ...
Rupee flat as traders mull Fed rate path, keep eyes peeled for flow cluesThe Indian rupee held steady as falling oil prices provided some relief, though traders remained cautious due to anticipated US Federal Res...
US bond yields back to 'normal'; AI needs a reality check, says Ed YardeniVeteran strategist Ed Yardeni views the recent rise in Treasury yields and the AI stock correction as healthy market adjustments, not crisi...
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...
Charting the global economy: Fed turns hawkish, China demand weakensFederal Reserve Chairman Kevin Warsh signaled a shift towards interest-rate hikes amid persistent inflation, while euro-area price pressure...
US Federal Reserve keeps interest rates unchanged, projects one rate hike for 2026The Federal Reserve held interest rates steady at 3.5%-3.75% in Kevin Warsh's first meeting, with policymakers signaling potential rate hik...