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TRUMP FED REPLACEMENT
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 ...
Warsh Fed era heralds a new trial for Asian currenciesNew Federal Reserve chief Kevin Warsh's hawkish stance on inflation has surprised markets, signaling a stronger dollar. This poses a challe...
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...
US job growth likely slowed in May, labor market seen stable despite oil shockAmerica's job growth is expected to slow in May after strong previous months. The labor market remains stable. Economists believe the Middl...
Gold slips, set for weekly loss on Mideast tensions, rate-hike fearsGold prices dipped, heading for a weekly decline as Middle East tensions overshadowed peace prospects. Rising inflation and potential inter...
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...
US jobless aid filings fell to 209,000 last week as layoffs remain low despite economic uncertaintyJobless claims saw a dip last week, indicating continued low layoffs. However, the economy faces significant challenges. The Iran war has d...
Warsh to be sworn in as Fed chair at White House on Friday, Fox Business reportsKevin Warsh is set to take over as U.S. Federal Reserve chair following Senate approval, with his swearing-in scheduled at the White House....
Global bond rout deepens as Iran war drags on and underscores inflation fearsGlobal bond markets are experiencing significant losses as rising energy prices, fueled by the Iran conflict, ignite inflation fears. Inves...
Powell's tenure as Fed chair marked by fight for independence while trying to tame inflation
Trump’s pick Kevin Warsh replaces Jerome Powell as Fed chair: What will happen to US interest rates next and why financial markets are watching closelyKevin Warsh is set to become the new Federal Reserve chair. However, his influence on interest rates might be limited. The Federal Open Mar...
US Senate confirms Kevin Warsh as Federal Reserve chair, following Jerome PowellKevin Warsh is now the new head of the Federal Reserve. He takes charge at a difficult economic time. Inflation is high and gas prices are ...
US Treasury yields hit 5%: Why investors are dumping bonds as oil prices and inflation rise amid US-Iran conflictUS Treasury yields today: Global bond markets are experiencing unease. Rising oil prices and persistent inflation are reshaping interest ra...
FOMC meeting today: Jerome Powell speech, Fed interest rate decision, and what to expect from US Fed policy today as Powell faces his final chapterFOMC meeting today: Jerome Powell speech, Fed interest rate decision, and US Fed policy outlook. The FOMC meeting today comes with a clear ...
Trump pursues new import taxes to replace the tariffs the Supreme Court rejectedThe Trump administration is scrambling to implement new, more durable tariffs after the Supreme Court struck down previous ones. Hearings a...
Trump pursues new import taxes to replace the tariffs the Supreme Court rejectedAmerica is facing new import taxes. These tariffs aim to replace temporary ones that expire soon. The government is initiating investigatio...
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 ...
Justice Department drops criminal probe of Fed chair Powell, likely clearing way for WarshThe Justice Department has concluded its investigation into Federal Reserve chair Jerome Powell. This decision removes a significant obstac...
US Justice Department drops criminal probe of Fed chair Powell, likely clearing way for WarshIn a decisive turn of events, the Justice Department has finalized its investigation into Jerome Powell, head of the Federal Reserve. This ...