Federal Reserve
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Trump Renews Effort To Fire US Fed Governor Lisa Cook Despite Court Ruling
Lisa Cook has been given 21 days from the date of the letter to respond to unproven allegations that she made false statements on mortgage applications -- charges that she has denied.
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US Ropes In Ex-RBI Governor Raghuram Rajan, 2 Other Indians For Key Fed Roles
Rajan will serve on the balance sheet policy task force to examine the costs, benefits, and institutional implications of the Federal Reserve's current balance sheet regime, including its asset holdings and their role in implementing monetary policy.
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After Firing 3,200 Employees, Xbox CEO Asha Sharma Is Now Leading A US Jobs Task Force
The US Federal Reserve has appointed Xbox CEO Asha Sharma to co-lead a new economic task force on jobs and productivity.
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In Major Ruling, US Supreme Court 'Supercharges' Donald Trump's Powers
The justices allowed Fed governor Lisa Cook to stay in her job while she fights the Republican president's effort to fire her over allegations of mortgage fraud, which she has denied.
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US Inflation Hit 3-Year-High In May, Reveals Federal Reserve’s Preferred Gauge
The PCE index report comes just a few days after the Federal Reserve delivered what markets viewed as a tough talk on inflation and interest rates.
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'Oracle, Maestro': Former US Federal Reserve Chair Alan Greenspan Dies
In his 18 and a half years at the helm of the Fed, Greenspan presided over a sustained era of American growth and prosperity, yet one that ended with devastating consequences in 2008, two years after he had left the central bank.
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Alan Greenspan Dies At 100: A Lookback At Former Federal Reserve Chair’s Career
Alan Greenspan died due to complications arising from Parkinson’s Disease, his wife said.
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US Federal Reserve Keeps Interest Rates Unchanged In Kevin Warsh’s First Meeting As Chair
Federal Reserve policymakers voted unanimously to maintain the benchmark overnight borrowing rate in a range of 3.5% to 3.75%.
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US Labour Market Added 172,000 Jobs In May, Unemployment At 4.3%
In terms of sectors, leisure and hospitality added 70,000 jobs, much higher than the 14,000 monthly average over the past year
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US Inflation Rose To Highest Level In 3 Years Due To High Energy Prices, Iran War
The Personal Consumption Expenditures price index for April is seen as the Federal Reserve’s preferred gauge for inflation.
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US Hunger Crisis Worsens Beyond Covid Years: New York Fed
More Americans are suffering from hunger this year than during the height of the Covid-19 pandemic, the Federal Reserve Bank of New York said Wednesday.
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US Senate Confirms Trump Nominee Kevin Warsh As Federal Reserve Chair
The Senate voted 54 to 45 to confirm Kevin Warsh as Federal Reserve chair, who like Trump has advocated for lower interest rates.
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Ghosts Of 1971 Crisis: Why France Moving Gold From US Is Spooking Markets
France's central bank sold the older bars in New York at record-high gold prices and used the proceeds to buy higher-standard gold in Europe.
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Kevin Warsh, Ex-Federal Reserve Official, Picked By Trump As Next Chair Of Fed
US President Donald Trump said on Friday that he will nominate former Federal Reserve official Kevin Warsh as the next chair of the Fed. After current chair Jerome Powell's term expires in May, Warsh would replace him.
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What Are Key Challenges Awaiting New US Fed Chair?
US President Donald Trump is set to announce his pick to chair the Federal Reserve on Friday morning, setting up a key shift in the central bank's leadership.
-
Trump Renews Effort To Fire US Fed Governor Lisa Cook Despite Court Ruling
Lisa Cook has been given 21 days from the date of the letter to respond to unproven allegations that she made false statements on mortgage applications -- charges that she has denied.
-
US Ropes In Ex-RBI Governor Raghuram Rajan, 2 Other Indians For Key Fed Roles
Rajan will serve on the balance sheet policy task force to examine the costs, benefits, and institutional implications of the Federal Reserve's current balance sheet regime, including its asset holdings and their role in implementing monetary policy.
-
After Firing 3,200 Employees, Xbox CEO Asha Sharma Is Now Leading A US Jobs Task Force
The US Federal Reserve has appointed Xbox CEO Asha Sharma to co-lead a new economic task force on jobs and productivity.
-
In Major Ruling, US Supreme Court 'Supercharges' Donald Trump's Powers
The justices allowed Fed governor Lisa Cook to stay in her job while she fights the Republican president's effort to fire her over allegations of mortgage fraud, which she has denied.
-
US Inflation Hit 3-Year-High In May, Reveals Federal Reserve’s Preferred Gauge
The PCE index report comes just a few days after the Federal Reserve delivered what markets viewed as a tough talk on inflation and interest rates.
-
'Oracle, Maestro': Former US Federal Reserve Chair Alan Greenspan Dies
In his 18 and a half years at the helm of the Fed, Greenspan presided over a sustained era of American growth and prosperity, yet one that ended with devastating consequences in 2008, two years after he had left the central bank.
-
Alan Greenspan Dies At 100: A Lookback At Former Federal Reserve Chair’s Career
Alan Greenspan died due to complications arising from Parkinson’s Disease, his wife said.
-
US Federal Reserve Keeps Interest Rates Unchanged In Kevin Warsh’s First Meeting As Chair
Federal Reserve policymakers voted unanimously to maintain the benchmark overnight borrowing rate in a range of 3.5% to 3.75%.
-
US Labour Market Added 172,000 Jobs In May, Unemployment At 4.3%
In terms of sectors, leisure and hospitality added 70,000 jobs, much higher than the 14,000 monthly average over the past year
-
US Inflation Rose To Highest Level In 3 Years Due To High Energy Prices, Iran War
The Personal Consumption Expenditures price index for April is seen as the Federal Reserve’s preferred gauge for inflation.
-
US Hunger Crisis Worsens Beyond Covid Years: New York Fed
More Americans are suffering from hunger this year than during the height of the Covid-19 pandemic, the Federal Reserve Bank of New York said Wednesday.
-
US Senate Confirms Trump Nominee Kevin Warsh As Federal Reserve Chair
The Senate voted 54 to 45 to confirm Kevin Warsh as Federal Reserve chair, who like Trump has advocated for lower interest rates.
-
Ghosts Of 1971 Crisis: Why France Moving Gold From US Is Spooking Markets
France's central bank sold the older bars in New York at record-high gold prices and used the proceeds to buy higher-standard gold in Europe.
-
Kevin Warsh, Ex-Federal Reserve Official, Picked By Trump As Next Chair Of Fed
US President Donald Trump said on Friday that he will nominate former Federal Reserve official Kevin Warsh as the next chair of the Fed. After current chair Jerome Powell's term expires in May, Warsh would replace him.
-
What Are Key Challenges Awaiting New US Fed Chair?
US President Donald Trump is set to announce his pick to chair the Federal Reserve on Friday morning, setting up a key shift in the central bank's leadership.
