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New Fed Governor Says He Was Not Told How To Vote By Trump
Donald Trump's pick to join the US Federal Reserve said Friday that he did not speak to the president about how to vote on interest rates ahead of the central bank's meeting this week.
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What It Could Mean For The US Fed To Lose Its Independence
President Donald Trump's attempt to fire a member of the Federal Reserve's governing board has raised alarms among economists and legal experts who see it as the biggest threat to the central bank's independence in decades.
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Trump Raises Pressure, Calls For Federal Reserve Governor To Resign
US President Donald Trump called Wednesday for Federal Reserve Governor Lisa Cook to step down, expanding pressure on the central bank after recent criticism of Fed Chair Jerome Powell for not lowering interest rates sooner.
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CBI Busts Illegal Call Centre Racket In Maharashtra, 5 Arrested
The Central Bureau of Investigation (CBI) has busted an illegal call centre racket, being run by certain private persons in rented premises, in Igatpuri (Rainforest Resort), Nashik, Maharashtra, an official statement said.
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Trump's Tariff Plans Worry South African Farmers, Put Jobs At Risk
Washington announced late on Thursday that the new tariffs would take effect next week, as US President Donald Trump seeks to reshape global trade to benefit the US economy.
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Refusal To Curtail Interest Rates Causes Clash Between Trump, Chairman Powell
Donald Trump and US Federal Reserve chairman Jerome Powell appeared together for a tense meeting on Thursday as the president toured the central bank after ramping up his attacks on its management of the economy.
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Trump Disappointed With Federal Reserve Chair Over $2.5 Billion Renovation Project
President says he has finally found a way to achieve his goal of removing Federal Reserve Chair Jerome Powell, accusing him of mismanaging the US central bank's $2.5 billion renovation project.
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"Bodies On Trees, Fish Rotting On Banks": Scenes Of Flood Destruction In Texas
The search and rescue teams plodded through mud-laden riverbanks and flew aircraft over the flood-stricken landscape of central Texas in the United States for a fourth day on Monday, searching for scores of people still missing.
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US Central Bank Chief Explains Biggest Consequences Of Trump Tariffs
As the ripple effects of US President Donald Trump's global trade war are being felt across numerous industries, Fed Chair Jerome Powell on Wednesday (local time) warned of higher inflation.
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Anti-CBDC Bill Cleared by House Financial Services Committee in US: Details
Republican lawmakers, led by Tom Emmer, are pushing the "Anti-CBDC Surveillance State Act," aimed at preventing financial surveillance of US citizens through central bank digital currencies.
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South Korea’s Central Bank Dismisses Bitcoin as Reserved Asset Citing Uncertainty, Risks: Report
The Bank of Korea (BoK) has reportedly said that Bitcoin’s volatility is a matter of risk and concern for the country’s national stability. The BoK said that it had not even begun to review the possibility of having Bitcoin as a reserved asset alongside gold and fiat currencies among other securities.
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ECB President Says Bitcoin Won't Enter Reserves of Any EU Central Banks
Ales Michl, the governor of Czech Republic’s central bank, suggested ECB’s General Council to consider adding Bitcoin as part of its reserved assets. Dismissing the suggestion, Lagarde said reserved assets need to be liquid and secure – criteria she feels are not strong with BTC for now.
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Trump Bans Creation Of A 'Digital Dollar' To Protect Americans
US President Donald Trump issued an executive order Thursday effectively banning the establishment of a central bank digital currency, in a move long supported by Congressional Republicans.
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US Federal Reserve's Caution On Rate Cuts Could Cause Friction With Trump
Donald Trump's imminent return to the White House and uncertainty about his policy proposals has begun weighing on the US Federal Reserve, raising concerns of a reckoning between the central bank and the president-elect.
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US Fed Cuts Key Interest Rate By 0.25%, Sending Stocks Tumbling
Policymakers voted 11-to-1 to lower the central bank's key lending rate to between 4.25 percent and 4.50 percent as expected, the Fed announced in a statement.
-
New Fed Governor Says He Was Not Told How To Vote By Trump
Donald Trump's pick to join the US Federal Reserve said Friday that he did not speak to the president about how to vote on interest rates ahead of the central bank's meeting this week.
-
What It Could Mean For The US Fed To Lose Its Independence
President Donald Trump's attempt to fire a member of the Federal Reserve's governing board has raised alarms among economists and legal experts who see it as the biggest threat to the central bank's independence in decades.
-
Trump Raises Pressure, Calls For Federal Reserve Governor To Resign
US President Donald Trump called Wednesday for Federal Reserve Governor Lisa Cook to step down, expanding pressure on the central bank after recent criticism of Fed Chair Jerome Powell for not lowering interest rates sooner.
-
CBI Busts Illegal Call Centre Racket In Maharashtra, 5 Arrested
The Central Bureau of Investigation (CBI) has busted an illegal call centre racket, being run by certain private persons in rented premises, in Igatpuri (Rainforest Resort), Nashik, Maharashtra, an official statement said.
-
Trump's Tariff Plans Worry South African Farmers, Put Jobs At Risk
Washington announced late on Thursday that the new tariffs would take effect next week, as US President Donald Trump seeks to reshape global trade to benefit the US economy.
-
Refusal To Curtail Interest Rates Causes Clash Between Trump, Chairman Powell
Donald Trump and US Federal Reserve chairman Jerome Powell appeared together for a tense meeting on Thursday as the president toured the central bank after ramping up his attacks on its management of the economy.
-
Trump Disappointed With Federal Reserve Chair Over $2.5 Billion Renovation Project
President says he has finally found a way to achieve his goal of removing Federal Reserve Chair Jerome Powell, accusing him of mismanaging the US central bank's $2.5 billion renovation project.
-
"Bodies On Trees, Fish Rotting On Banks": Scenes Of Flood Destruction In Texas
The search and rescue teams plodded through mud-laden riverbanks and flew aircraft over the flood-stricken landscape of central Texas in the United States for a fourth day on Monday, searching for scores of people still missing.
-
US Central Bank Chief Explains Biggest Consequences Of Trump Tariffs
As the ripple effects of US President Donald Trump's global trade war are being felt across numerous industries, Fed Chair Jerome Powell on Wednesday (local time) warned of higher inflation.
-
Anti-CBDC Bill Cleared by House Financial Services Committee in US: Details
Republican lawmakers, led by Tom Emmer, are pushing the "Anti-CBDC Surveillance State Act," aimed at preventing financial surveillance of US citizens through central bank digital currencies.
-
South Korea’s Central Bank Dismisses Bitcoin as Reserved Asset Citing Uncertainty, Risks: Report
The Bank of Korea (BoK) has reportedly said that Bitcoin’s volatility is a matter of risk and concern for the country’s national stability. The BoK said that it had not even begun to review the possibility of having Bitcoin as a reserved asset alongside gold and fiat currencies among other securities.
-
ECB President Says Bitcoin Won't Enter Reserves of Any EU Central Banks
Ales Michl, the governor of Czech Republic’s central bank, suggested ECB’s General Council to consider adding Bitcoin as part of its reserved assets. Dismissing the suggestion, Lagarde said reserved assets need to be liquid and secure – criteria she feels are not strong with BTC for now.
-
Trump Bans Creation Of A 'Digital Dollar' To Protect Americans
US President Donald Trump issued an executive order Thursday effectively banning the establishment of a central bank digital currency, in a move long supported by Congressional Republicans.
-
US Federal Reserve's Caution On Rate Cuts Could Cause Friction With Trump
Donald Trump's imminent return to the White House and uncertainty about his policy proposals has begun weighing on the US Federal Reserve, raising concerns of a reckoning between the central bank and the president-elect.
-
US Fed Cuts Key Interest Rate By 0.25%, Sending Stocks Tumbling
Policymakers voted 11-to-1 to lower the central bank's key lending rate to between 4.25 percent and 4.50 percent as expected, the Fed announced in a statement.
