Culture
Bank of America sees two US Fed rate cuts this year vs none before
Economists at Bank of America forecast two US Federal Reserve interest-rate cuts this year, in September and December, based on weak…
Tag
Fed
Culture
Trump says Hassett, Warsh and Waller are finalists for US Fed chair
The timetable for selecting a successor to Powell, whose term as chair expires in May, remains unclear President Donald Trump said that he…
Culture
US Fed rate-cut expectations climb following weak job market report
Disappointing employment data released on Friday (Sep 5) validated fears that the US labour market may be on the brink of a downturn and…
Culture
Singapore stocks rally as investors price in September Fed rate cut; STI up 0.2%
The local bourse logged gains for a second straight day on Friday (Sep 5), closing higher alongside regional markets amid expectations…
Culture
Trump’s Fed pick plans to keep White House job while at central bank
DONALD Trump’s pick to join the Federal Reserve’s board of governors said on Thursday that he plans to take a leave of absence from his…
Culture
Europe: Shares end stronger on firmer Fed rate-cut bets
EUROPEAN shares closed higher on Thursday as heightened expectations for a US Federal Reserve interest rate cut lifted markets, while…
News
Trump’s Fed Nominee Plays the Sycophant
Watching Stephen Miran testify Thursday before the Senate Banking Committee on his nomination to be a governor of the Federal Reserve, I…
News
Trump’s Fed Pick Makes Stunning Confession About Keeping Two Jobs
Stephen Miran, President Donald Trump’s nominee for a vacant seat on the Federal Reserve’s Board of Governors, said that he would keep his…
News
Trump’s Fed Pick Flails Under Liz Warren’s Brutal Line of Questioning
“The Congress certified Joe Biden,” Miran repeated, leading Warren to change the subject to Trump’s firing of the Bureau of Labor…
News
DOJ Takes Trump’s Revenge With Criminal Probe Into Ousted Fed Governor
After a reportedly anti-vax shooter attacked the CDC on August 8, a number of federal health employees sent a letter to Kennedy, urging…
Culture
Economists back Fed Governor Cook as Trump attempts ouster
NEARLY 600 economists have signed an open letter expressing support for Federal Reserve Governor Lisa Cook and US central bank…
News
Lisa Cook Forces the Supreme Court to Show Its True Colors on the Fed
Powell, Cook, and the other five Federal Reserve governors automatically serve on the Federal Open Market Committee, a separate body that…
News
Video: How Trump Could Gain Control of the Fed
new video loaded: How Trump Could Gain Control of the Fed By Ben Casselman, Melanie Bencosme, June Kim, Gabriel Blanco and Jon…
Culture
Trump’s pressure on Fed independence holds global risk, ECB’s Rehn says
President Donald Trump’s escalating attacks on the US Federal Reserve could have substantial and global knock-on effects on the financial…
Culture
Gold holds ground as investors await US data for more Fed cues
Gold prices remained stable on Thursday (Aug 28), as market participants awaited US economic data due this week that could help shed…
Culture
Bank of Korea holds for now, lays ground for rate cut after Fed
The Bank of Korea (BOK) paved the way for a possible interest rate cut after an expected move by the Federal Reserve next month, while…
Culture
Singapore shares end flat amid Fed pressure and ahead of Nvidia earnings release
Local stocks ended Wednesday (Aug 27) unchanged while regional markets closed mixed, as investors weighed political pressure on the…
News
Trump Is Calling the Supreme Court’s Bluff on the Fed
Cook, for her part, said that she would not step down. “President Trump purported to fire me ‘for cause’ when no cause exists under the…
Culture
Gold edges lower as US dollar firms, but Fed turmoil limits losses
Gold prices edged lower on Wednesday (Aug 27), pressured by an uptick in the US dollar, although renewed concerns over the US central…
News
Meet Your New Fed Chair: Donald Trump
Yet Reagan didn’t blame the Fed. At a press conference he said the cause was a too-high budget deficit. The real reason turned out to be…
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Fed Governor Refuses to Cave—Vows to Sue Trump Over Firing Attempt
“Indeed, over the past several months, principal officers of the Executive (and their spokespersons) have described federal district…
Culture
US: Wall St opens subdued after Trump's latest attack on Fed
Wall Street’s main indexes opened slightly lower on Tuesday (Aug 26), pressured by a rise in longer-dated Treasury bond yields after US…
News
Trump’s Attempt to Fire Fed Governor Is More Terrifying Than It Seems
More than 150 FEMA employees signed the letter anonymously, while only 36 signed their names. The agency has already lost one-third of its…
Culture
Barclays, BNP pivot to September Fed rate cut on Powell’s labour warning
Barclays and BNP Paribas expect the US Federal Reserve to make a 25-basis-point interest rate cut in September, according to notes dated…