federal reserve

Trump vs Powell could be first big fight over economy

2024-11-09 10:15:03 Fed Chairman Jerome Powell’s curt but clear response on whether he would step down from his job under…

2 weeks ago

Fed Chair Jerome Powell says he won’t resign if Donald Trump asks him to step down

2024-11-08 17:55:03 Federal Reserve Chair Jerome Powell said he won't step down if President-elect Donald Trump, who has previously criticized…

2 weeks ago

Federal Reserve lowers interest rates by 0.25 percentage points in second cut of 2024

2024-11-08 06:50:03 The Federal Reserve on Thursday announced its second interest rate cut of 2024, trimming its benchmark rate by…

2 weeks ago

Elon Musk declares ‘financial emergency’: What’s behind the $35 trillion ‘time bomb’ US is said to be facing

Tesla CEO Elon Musk at a rally Tesla CEO Elon Musk has raised alarm over what he calls a "financial…

3 weeks ago

Rupee rises 10 paise to close at 83.87 against U.S. dollar

A cashier checks Indian rupee notes inside a room at a fuel station in Ahmedabad. | Photo Credit: REUTERS The…

2 months ago

What The Fed’s Interest Rate Cut Means For Climate Change

The Federal Reserve’s decision Wednesday to start cutting interest rates could bolster green energy investments, which took a hit as…

2 months ago

Lower mortgage rates are coming

2024-09-19 01:45:04 So the Federal Reserve just cut its key interest rate by 50 basis points. But where does that…

2 months ago

Top chief investment officer shares tips and predictions ahead of Fed rate cuts

2024-09-18 10:15:02 All eyes are fixed on the Federal Reserve this week. With inflation fading and the labor market showing…

2 months ago

August jobs report raises uncertainty ahead of Fed meeting

2024-09-07 17:35:02 Friday’s new US jobs report showed that unemployment ticked down to 4.2% and employers added 142,000 jobs in…

3 months ago

Impact of inflation shocks on foreign exchange rates reflects central bank stature

2024-09-04 06:40:02 J. Scott Davis and Pon Sagnanert The purchasing power parity (PPP) theory of exchange rates is easily understood:…

3 months ago

Sahm Rule Triggered by Alarming U.S. Jobs Report, Raising Recession Risk

2024-08-03 15:25:02 A bummer of a jobs report released Friday morning triggered a sharp drop in the stock market and…

4 months ago

Recession indicator: Sahm Rule flashes red, but creator says ‘this time really could be different’

2024-08-03 15:15:02 A weak July jobs report just triggered one of the most well-known, and historically accurate, recession indicators: the…

4 months ago

Bitcoin faces ‘crucial’ 36 hours on heightened sensitivity to US yields

Global markets are on tenterhooks ahead of a Federal Reserve interest-rate decision and key US inflation figures. Bitcoin investors have…

5 months ago

Silvergate in Talks With FDIC Officials on Ways to Avoid Shutdown: Report

US federal officials have been discussing with Silvergate Capital's management to avoid a shutdown, Bloomberg News reported on Tuesday, citing…

6 months ago