#federalreserve
Precious metals slide sharply after Kevin Warsh emerges as Fed chair favorite
Gold and silver prices fell sharply on Friday as markets reacted to growing expectations that Kevin Warsh will be nominated as the next chair of the Federal Reserve, a development that appeared to ease concerns about the central bank’s long-term independence. The sell-off marked a sudden reversal for precious metals, which have enjoyed a powerful rally over the past year amid global uncertainty and a weaker U.S. dollar. By early afternoon in U.S. trading, silver prices had dropped
Precious metals slide sharply after Kevin Warsh emerges as Fed chair favorite
Gold and silver prices fell sharply on Friday as markets reacted to growing expectations that Kevin Warsh will be nominated as the next chair of the Federal Reserve, a development that appeared to ease concerns about the central bank’s long-term independence. The sell-off marked a sudden reversal for precious metals, which have enjoyed a powerful rally over the past year amid global uncertainty and a weaker U.S. dollar. By early afternoon in U.S. trading, silver prices had dropped
Trump criticizes Fed chair Powell over interest rates after FOMC decision
US President Donald Trump sharply criticized Federal Reserve Chair Jerome Powell on Thursday following the central bank’s decision to leave interest rates unchanged, accusing him of delaying necessary rate cuts and undermining the nation’s economic strength, national security and global competitiveness. The comments came shortly after the Federal Open Market Committee announced it would maintain its benchmark interest rate, a move that aligned with market expectations but drew strong poli
Trump criticizes Fed chair Powell over interest rates after FOMC decision
US President Donald Trump sharply criticized Federal Reserve Chair Jerome Powell on Thursday following the central bank’s decision to leave interest rates unchanged, accusing him of delaying necessary rate cuts and undermining the nation’s economic strength, national security and global competitiveness. The comments came shortly after the Federal Open Market Committee announced it would maintain its benchmark interest rate, a move that aligned with market expectations but drew strong poli
High court reviews dispute over presidential power and Fed independence
The Supreme Court on Wednesday is considering a case with wide-ranging consequences for both the US economy and the balance of power within the federal government, as it reviews President Donald Trump’s attempt to remove Federal Reserve board member Lisa Cook. The dispute centers on whether a sitting president has the authority to dismiss a member of the central bank’s governing board and what legal standards must be met for such a decisi
High court reviews dispute over presidential power and Fed independence
The Supreme Court on Wednesday is considering a case with wide-ranging consequences for both the US economy and the balance of power within the federal government, as it reviews President Donald Trump’s attempt to remove Federal Reserve board member Lisa Cook. The dispute centers on whether a sitting president has the authority to dismiss a member of the central bank’s governing board and what legal standards must be met for such a decisi
Dow Jones hits record high as Coca-Cola, 3M, and GM drive strong earnings rally
The Dow Jones Industrial Average surged to another record close on Tuesday, buoyed by a series of strong corporate earnings reports that reinforced investor optimism about the resilience of major U.S. companies. Gains from household names such as Coca-Cola, 3M, and General Motors helped the blue-chip index climb even as technology shares lagged, reflecting a rotation from growth stocks into more traditional sectors. The 30-stock Dow rose 218.16 points, or 0.47%, to finish at 46,924.
Dow Jones hits record high as Coca-Cola, 3M, and GM drive strong earnings rally
The Dow Jones Industrial Average surged to another record close on Tuesday, buoyed by a series of strong corporate earnings reports that reinforced investor optimism about the resilience of major U.S. companies. Gains from household names such as Coca-Cola, 3M, and General Motors helped the blue-chip index climb even as technology shares lagged, reflecting a rotation from growth stocks into more traditional sectors. The 30-stock Dow rose 218.16 points, or 0.47%, to finish at 46,924.
Gold Prices Dip From Record High As Dollar Gains And Fed Signals Stir Market
Gold, the most closely watched safe-haven asset, slipped from its record peak this week, sparking fresh debate among investors and traders. The decline in 22-carat and 24-carat gold prices has been tied to three key factors: the strengthening US dollar, cautious Federal Reserve signals, and anticipation around upcoming economic data. Despite the retreat, gold remains under the spotlight as global uncertainty keeps demand resilient.
Gold Prices Dip From Record High As Dollar Gains And Fed Signals Stir Market
Gold, the most closely watched safe-haven asset, slipped from its record peak this week, sparking fresh debate among investors and traders. The decline in 22-carat and 24-carat gold prices has been tied to three key factors: the strengthening US dollar, cautious Federal Reserve signals, and anticipation around upcoming economic data. Despite the retreat, gold remains under the spotlight as global uncertainty keeps demand resilient.
Appeals court rules Lisa Cook can stay at Federal Reserve despite Trump effort to remove her
A federal appeals court has ruled that Lisa Cook, a governor at the United States Federal Reserve, will remain in her position for now despite efforts by former President Donald Trump to remove her. The ruling from the US Court of Appeals for the District of Columbia Circuit came just before a major Federal Reserve meeting scheduled to begin on Tuesday, where policymakers are expected to weigh critical decisions on interest rates. Trump has sought to dismiss Cook from her role, accu
Appeals court rules Lisa Cook can stay at Federal Reserve despite Trump effort to remove her
A federal appeals court has ruled that Lisa Cook, a governor at the United States Federal Reserve, will remain in her position for now despite efforts by former President Donald Trump to remove her. The ruling from the US Court of Appeals for the District of Columbia Circuit came just before a major Federal Reserve meeting scheduled to begin on Tuesday, where policymakers are expected to weigh critical decisions on interest rates. Trump has sought to dismiss Cook from her role, accu
Who Is Lisa Cook? Fed Governor Faces Trump Removal Over Mortgage Fraud Allegations
Lisa Cook, appointed as a Federal Reserve governor by President Joe Biden in 2022, has become embroiled in a political and legal controversy. President Donald Trump recently called for her removal from the Fed, citing allegations of mortgage fraud. This decision has sparked widespread debate about political interference in the independence of the Federal Reserve, an institution that plays a crucial role in shaping US monetary policy and regulating the financial
Who Is Lisa Cook? Fed Governor Faces Trump Removal Over Mortgage Fraud Allegations
Lisa Cook, appointed as a Federal Reserve governor by President Joe Biden in 2022, has become embroiled in a political and legal controversy. President Donald Trump recently called for her removal from the Fed, citing allegations of mortgage fraud. This decision has sparked widespread debate about political interference in the independence of the Federal Reserve, an institution that plays a crucial role in shaping US monetary policy and regulating the financial
Asia-Pacific Markets Dip Ahead Of Fed Meeting As Global Leaders Focus On Ukraine Talks
Asia-Pacific markets on Tuesday opened on a cautious note, largely mirroring the overnight declines seen on Wall Street as investors turned their attention toward the upcoming United States Federal Reserve meeting. The Fed gathering is expected to provide more clarity on the central bank’s stance on interest rates and inflation, which has been a driving factor for global equity markets over the past months. Alongside monetary policy concerns, global inves
Asia-Pacific Markets Dip Ahead Of Fed Meeting As Global Leaders Focus On Ukraine Talks
Asia-Pacific markets on Tuesday opened on a cautious note, largely mirroring the overnight declines seen on Wall Street as investors turned their attention toward the upcoming United States Federal Reserve meeting. The Fed gathering is expected to provide more clarity on the central bank’s stance on interest rates and inflation, which has been a driving factor for global equity markets over the past months. Alongside monetary policy concerns, global inves









