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Global Markets: Central banks stay vigilant despite oil price relief after US-Iran truceGlobal central banks remain cautious despite easing oil prices following the US-Iran truce. While lower energy costs ease inflation fears, ...
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 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 ...
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 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...
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 ...
Powell's tenure as Fed chair marked by fight for independence while trying to tame inflation
US Stock Market: Warsh set to lead Fed amid debate over rates, transparency and AI impactFifteen years after leaving the Federal Reserve over disagreements on aggressive bond-buying policies, Kevin Warsh is set to return as chai...
Warsh clinches Senate approval to be Fed's next chair as inflation intensifiesIn a pivotal moment for the economy, the US Senate has officially confirmed Kevin Warsh as the chair of the Federal Reserve, just as inflat...
US market today: Strong US jobs data complicates any Kevin Warsh push for lower ratesStrong U.S. hiring data in April has diminished the likelihood of Federal Reserve interest rate cuts this year, bolstering the stance of of...
US Stock Market: Fed officials warn Iran War could trigger prolonged inflation shockFederal Reserve officials are increasingly concerned that the U.S.-backed war with Iran is fueling a prolonged inflation shock. Elevated oi...
Trump slams Fed Chair Jerome Powell as ‘Disaster’ as Mortgage rates Stay above 6.5% and 10-year yield nears 4.5%US interest rates are still high and causing problems for home buyers. Donald Trump criticized Fed Chair Jerome Powell over this issue. Mor...
US stocks today: Fed likely to hold rates steady at what may be last meeting of Powell eraThe Federal Reserve is poised to maintain interest rates unchanged, grappling with rising inflation concerns fueled by escalating oil price...
US Fed set to hold rates steady again on cost hikes from Mideast warThe US central bank is widely expected to keep interest rates unchanged at its policy meeting next week, as energy prices stay high and sup...
US Fed set to hold rates steady again on cost hikes from Mideast warThe US central bank is widely expected to keep interest rates unchanged at its policy meeting next week, as energy prices stay high and sup...
Kevin Warsh at Fed may not deliver big policy shift, no quick rate cutsPresident Trump expects new Federal Reserve chair Kevin Warsh to cut interest rates. However, Warsh faces challenges like rising inflation ...
Trump's Fed chair pick Kevin Warsh vows to safeguard independence at confirmation hearingKevin Warsh, Donald Trump's choice to lead the US Federal Reserve, vowed Tuesday to protect central bank independence at his confirmation h...
US Fed chair nominee Kevin Warsh says he will not be controlled by TrumpKevin Warsh, nominated for the Federal Reserve leadership, assured senators he would maintain central bank independence and not be controll...
Powell signals Fed may cut rates soon even as inflation risks remainFederal Reserve Chair Jerome Powell on Friday opened the door ever so slightly to lowering a key interest rate in the coming months but gav...
Fed's Powell says commitment to curbing inflation is 'unconditional'"It's unconditional," Powell told the U.S. House of Representatives Financial Services Committee when asked about the Fed's commitment to f...