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Trump Fires Federal Reserve Governor Lisa Cook Over Fraud Allegations
US President Donald Trump ordered the removal of Federal Reserve Governor Lisa Cook "effective immediately" on Monday, citing allegations of false statements on mortgage agreements -- expanding pressure on the independent central bank.
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Bitcoin Rebounds Above $114,000 as Ether surges; Market Awaits Powell’s Speech
Bitcoin rebounded to $114,600 on Thursday, after falling below $113,000 earlier in the week. Ether surged above $4,300, gaining 3.8 percent in 24 hours. Analysts linked the recovery to hawkish Federal Reserve minutes, inflation risks, and ETF outflows. Market watchers now look ahead to US unemployment and PMI data due later today and Powell’s Jac...
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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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US Producer Inflation Highest In 3 Years in July
US producer price inflation bounced in July to its highest reading since 2022, data showed Thursday, with underlying signs that businesses are facing pressures from President Donald Trump's tariffs.
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Trump Presents Jobs Data After Firing Labor Stats Chief
US President Donald Trump on Thursday alleged that jobs data had been "purposely" altered by the government's commissioner of labor statistics to bolster his predecessor Joe Biden, presenting different figures in the wake of her firing.
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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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Video: Trump, Federal Reserve Chief Argue On Live TV Over Cost Of Building Renovation
After criticising Federal Reserve Chair Jerome Powell everywhere - on social media and in front of reporters, US President Donald Trump landed at the Fed's front door.
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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 Appointees Requested More Marble In Fed Building Renovation. It Now Faces Scrutiny
President Donald Trump has looked to the marble finishes and hefty price tag of the Federal Reserve headquarters to claim grounds to fire Chair Jerome Powell.
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US Markets Rattled Amid Trump's Firing Federal Chief Confusion
President Donald Trump sent the US stock market on a jagged round trip Wednesday after saying he had "talked about the concept of firing" the head of the Federal Reserve.
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Trump Says He's 'Highly Unlikely' To Fire Fed's Powell
President Donald Trump said Wednesday that he was "highly unlikely" to fire, a public statement made less than 24 hours after suggesting in a private meeting that he was leaning in favor of dismissing the head of the nation's central bank.
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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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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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Sensex, Nifty Open Flat After US Federal Policy Decision
The Indian benchmark indices opened almost flat on Thursday over the US Federal Reserve policy decision and weak Asian cues, as selling was seen in the IT, PSU bank, FMCG and pharma sectors in the early trade.
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US Court Allows Trump To Fire Independent Board Members -- But Not At Fed
The US Supreme Court on Thursday allowed President Donald Trump to fire leaders of two independent agencies, but signalled that such dismissals would not be permitted for the Federal Reserve.
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Trump Fires Federal Reserve Governor Lisa Cook Over Fraud Allegations
US President Donald Trump ordered the removal of Federal Reserve Governor Lisa Cook "effective immediately" on Monday, citing allegations of false statements on mortgage agreements -- expanding pressure on the independent central bank.
-
Bitcoin Rebounds Above $114,000 as Ether surges; Market Awaits Powell’s Speech
Bitcoin rebounded to $114,600 on Thursday, after falling below $113,000 earlier in the week. Ether surged above $4,300, gaining 3.8 percent in 24 hours. Analysts linked the recovery to hawkish Federal Reserve minutes, inflation risks, and ETF outflows. Market watchers now look ahead to US unemployment and PMI data due later today and Powell’s Jac...
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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.
-
US Producer Inflation Highest In 3 Years in July
US producer price inflation bounced in July to its highest reading since 2022, data showed Thursday, with underlying signs that businesses are facing pressures from President Donald Trump's tariffs.
-
Trump Presents Jobs Data After Firing Labor Stats Chief
US President Donald Trump on Thursday alleged that jobs data had been "purposely" altered by the government's commissioner of labor statistics to bolster his predecessor Joe Biden, presenting different figures in the wake of her firing.
-
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.
-
Video: Trump, Federal Reserve Chief Argue On Live TV Over Cost Of Building Renovation
After criticising Federal Reserve Chair Jerome Powell everywhere - on social media and in front of reporters, US President Donald Trump landed at the Fed's front door.
-
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 Appointees Requested More Marble In Fed Building Renovation. It Now Faces Scrutiny
President Donald Trump has looked to the marble finishes and hefty price tag of the Federal Reserve headquarters to claim grounds to fire Chair Jerome Powell.
-
US Markets Rattled Amid Trump's Firing Federal Chief Confusion
President Donald Trump sent the US stock market on a jagged round trip Wednesday after saying he had "talked about the concept of firing" the head of the Federal Reserve.
-
Trump Says He's 'Highly Unlikely' To Fire Fed's Powell
President Donald Trump said Wednesday that he was "highly unlikely" to fire, a public statement made less than 24 hours after suggesting in a private meeting that he was leaning in favor of dismissing the head of the nation's central bank.
-
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.
-
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.
-
Sensex, Nifty Open Flat After US Federal Policy Decision
The Indian benchmark indices opened almost flat on Thursday over the US Federal Reserve policy decision and weak Asian cues, as selling was seen in the IT, PSU bank, FMCG and pharma sectors in the early trade.
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US Court Allows Trump To Fire Independent Board Members -- But Not At Fed
The US Supreme Court on Thursday allowed President Donald Trump to fire leaders of two independent agencies, but signalled that such dismissals would not be permitted for the Federal Reserve.
