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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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Bitcoin Rally Pushes Price to $115,500 as Softer Inflation, ETF Inflows Boost Market
Bitcoin rallied to $115,644 (roughly Rs. 1.02 crore), boosted by ETF inflows of $928 million (roughly Rs. 7,970 crore) and softer U.S. inflation data. Ethereum climbed near $4,552 (roughly Rs. 4.01 lakh), while altcoins like Solana at $239 (roughly Rs. 21,100) and Dogecoin at $0.26 (roughly Rs. 23) posted strong gains. Market optimism has strengthe...
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Key US Inflation Gauge Rose Last Month As Trump Tariffs Lifted Goods Prices
The Federal Reserve's preferred inflation gauge ticked higher last month in a sign that President Donald Trump's broad-based tariffs are starting to lift prices for many goods.
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Dollar Hits Fresh Lows As Trump Attacks Threaten Fed Credibility
The dollar eased to a fresh 3-1/2-year low on the euro on Thursday as concerns about the future independence of the U.S. Federal Reserve undermined faith in the soundness of the country's monetary policy.
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Trump Backs Jerome Powell To Complete Fed Term If Re-Elected: Report
US presidential nominee Donald Trump would let Federal Reserve Chair Jerome Powell complete his four-year term to 2026 if he returns to the White House, he said in an interview published Tuesday.
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Gold Prices Surge To Record High As US Fed Holds Interest Rates
Gold prices climbed to a record high on Thursday, as the U.S. dollar and bond yields ticked lower after the Federal Reserve maintained its projection of three rate cuts for this year.
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Gold Hits Record High Following Fed Chief's Comments On Interest Rate Cut
Gold fell more than 2% after hitting an all-time high on Monday as the dollar rebounded, but expectations of a cut in U.S. interest rates in 2024 stemmed zero-yield bullion's retreat.
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How Banks And The Fed Are Preparing For A US Default - And Chaos To Follow
Convening war rooms, planning speedy bailouts and raising house-on-fire alarm bells: Those are a few of the ways the biggest banks and financial regulators are preparing for a potential default on U.S. debt.
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Nasdaq Falls With Dollar, Oil Rises; Earnings, Fed In Focus
Nasdaq closed lower on Monday after a choppy session for U.S. equities ahead of a big week of technology earnings reports while oil prices rose and treasury yields edged higher as investors braced for a Federal Reserve interest rate hike.
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Asia Shares Join Global Rebound On Easing Of Fed Hike Fears, China Tech Boost
Asian shares on Friday extended overnight global gains thanks to strong results from regional tech firms and U.S. retailers
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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.
-
Bitcoin Rally Pushes Price to $115,500 as Softer Inflation, ETF Inflows Boost Market
Bitcoin rallied to $115,644 (roughly Rs. 1.02 crore), boosted by ETF inflows of $928 million (roughly Rs. 7,970 crore) and softer U.S. inflation data. Ethereum climbed near $4,552 (roughly Rs. 4.01 lakh), while altcoins like Solana at $239 (roughly Rs. 21,100) and Dogecoin at $0.26 (roughly Rs. 23) posted strong gains. Market optimism has strengthe...
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Key US Inflation Gauge Rose Last Month As Trump Tariffs Lifted Goods Prices
The Federal Reserve's preferred inflation gauge ticked higher last month in a sign that President Donald Trump's broad-based tariffs are starting to lift prices for many goods.
-
Dollar Hits Fresh Lows As Trump Attacks Threaten Fed Credibility
The dollar eased to a fresh 3-1/2-year low on the euro on Thursday as concerns about the future independence of the U.S. Federal Reserve undermined faith in the soundness of the country's monetary policy.
-
Trump Backs Jerome Powell To Complete Fed Term If Re-Elected: Report
US presidential nominee Donald Trump would let Federal Reserve Chair Jerome Powell complete his four-year term to 2026 if he returns to the White House, he said in an interview published Tuesday.
-
Gold Prices Surge To Record High As US Fed Holds Interest Rates
Gold prices climbed to a record high on Thursday, as the U.S. dollar and bond yields ticked lower after the Federal Reserve maintained its projection of three rate cuts for this year.
-
Gold Hits Record High Following Fed Chief's Comments On Interest Rate Cut
Gold fell more than 2% after hitting an all-time high on Monday as the dollar rebounded, but expectations of a cut in U.S. interest rates in 2024 stemmed zero-yield bullion's retreat.
-
How Banks And The Fed Are Preparing For A US Default - And Chaos To Follow
Convening war rooms, planning speedy bailouts and raising house-on-fire alarm bells: Those are a few of the ways the biggest banks and financial regulators are preparing for a potential default on U.S. debt.
-
Nasdaq Falls With Dollar, Oil Rises; Earnings, Fed In Focus
Nasdaq closed lower on Monday after a choppy session for U.S. equities ahead of a big week of technology earnings reports while oil prices rose and treasury yields edged higher as investors braced for a Federal Reserve interest rate hike.
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Asia Shares Join Global Rebound On Easing Of Fed Hike Fears, China Tech Boost
Asian shares on Friday extended overnight global gains thanks to strong results from regional tech firms and U.S. retailers
