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POWELL ON INTEREST RATES
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 ...
Who is Bill Pulte? Trump names FHFA Director as acting Intelligence Chief in major leadership shiftBill Pulte, Director of the Federal Housing Finance Agency, has been appointed as acting Director of National Intelligence by President Don...
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 ...
Central banks must maintain independence: ECB's LagardeMonetary institutions worldwide need to maintain their independence, European Central Bank president Christine Lagarde said Thursday. Incre...
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: Mortgage rates hit 9-month high as inflation worries deepenUS mortgage rates reached a nine-month high of 6.65% last week, driven by elevated oil prices and inflation concerns. This surge, coupled w...
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...
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...
Fed Minutes: More officials warned of rate hike scenarioFederal Reserve officials signaled a potential shift towards interest rate hikes if inflation persists above their 2% target. Many policyma...
Fed minutes show more policymakers were prepared to lay groundwork for rate hikeFederal Reserve minutes show growing concern that inflation driven by the Iran war could persist above the 2% target, prompting discussions...
New era begins: Warsh steps into Fed role; Prepares for inflation battle and potential rate hikesKevin Warsh assumes leadership of the U.S. Federal Reserve. This marks a new chapter for the central bank and President Trump. Warsh faces ...
US Stock Market: Sticky inflation complicates Kevin Warsh’s Fed transition as rate hike odds jumpSticky inflation has pushed investors to raise bets on a potential U.S. Federal Reserve rate hike, creating early challenges for incoming F...
Powell's tenure as Fed chair marked by fight for independence while trying to tame inflation