Fed Holds Rates, Signals Just One Cut in 2024
Federal Reserve Chair Jerome Powell holds interest rates at a 23-year high, projecting a more cautious single cut in 2024 as US inflation proves persistent. Markets react to the hawkish stance.
Federal Reserve Chair Jerome Powell holds interest rates at a 23-year high, projecting a more cautious single cut in 2024 as US inflation proves persistent. Markets react to the hawkish stance.
Asian shares and European futures fall sharply as investors await Fed Chair Jerome Powell's key Jackson Hole speech. Markets brace for hawkish tones on US interest rates, with the FTSE 100 set for a lower open. Live updates on global market reaction and a
Exclusive reports reveal the Trump administration is actively exploring legal avenues to exert unprecedented influence over the Federal Reserve's interest rate decisions, sparking fears of political interference in the US economy.
Federal Reserve Chair Jerome Powell signals prolonged high interest rates at Jackson Hole, triggering sharp sell-offs in US and Asian markets as inflation fight continues.
New data shows a significant jump in US unemployment benefit applications, signalling a potential cooling of the labour market. However, the overall pace of layoffs remains subdued, pointing to a resilient economy.
Federal Reserve Governor Lisa Cook, a historic appointee, announces her resignation effective July 15th. Her departure follows a contentious tenure marked by political attacks from Trump allies and unsubstantiated fraud allegations.
A senior Federal Reserve official, appointed by both Trump and Biden, has abruptly resigned following bombshell fraud allegations. The scandal raises serious questions about vetting at the highest levels of US financial regulation.
Nvidia's historic $500 billion market crash triggers global stock sell-off as Asian markets tumble and Wall Street braces for impact. Powell's testimony and geopolitical tensions add to the turmoil.
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Exclusive: Scott Bessent, a key Trump ally and hedge fund billionaire, emerges as the frontrunner to replace Jerome Powell as Federal Reserve Chair, signalling a potential dramatic shift in US monetary policy.
Wall Street rallies after Fed Chair Jerome Powell hints at future rate cuts, sparking optimism in global markets. Intel shares and Asian indices show mixed reactions.
Federal Reserve Chair Jerome Powell highlights economic uncertainties from Ukraine conflict and rising inflation, as global markets react nervously.
A bizarre chair spotted in a Hawaiian home sparked wild ghost theories, but the truth is far more ordinary. Discover the surprising explanation behind this viral mystery.
US inflation showed signs of easing in May, offering relief to consumers and potentially influencing the Federal Reserve's next move on interest rates.
The Federal Reserve maintains interest rates amid mixed economic signals, while Aviva and Goldman Sachs adjust strategies in response to shifting market conditions.
The UK economy recorded modest growth in June, offering cautious optimism amid global economic challenges. Chancellor Rachel Reeves responds to the latest figures.
Former US President Donald Trump has launched a scathing attack on the Federal Reserve, blaming its policies for recent market instability. His comments come amid growing economic uncertainty.
US inflation data surprises analysts by holding steady despite escalating trade tariffs, leaving Wall Street scrambling to reassess economic forecasts.
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As Trump proposes tariffs on Chinese imports, experts weigh in on how gold and Bitcoin could react, potentially reshaping global markets and inflation trends.
Discover the high-performance Secretlab Titan Evo McLaren Edition gaming chair, designed for ultimate comfort and style, inspired by McLaren's racing legacy.
Stephen Miran, a Trump-era appointee, is under fire for his controversial influence on Federal Reserve policies, sparking debates over political interference in central banking.
Former President Donald Trump has once again criticised Federal Reserve Chair Jerome Powell, sparking fresh debate over monetary policy and economic leadership.
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Former US President Donald Trump criticises the Federal Reserve's policies while taking credit for the stock market's recent surge, sparking debate among economists.
Former US President Donald Trump has proposed imposing tariffs on Federal Reserve Chair Jerome Powell, escalating tensions over monetary policy decisions. Experts weigh in on the potential economic fallout.
The latest US jobs report reveals slower employment growth in October, signalling a cooling labour market amid economic uncertainty. What does this mean for the Federal Reserve's next move?
Donald Trump reportedly held a private meeting with JPMorgan Chase CEO Jamie Dimon, sparking rumours about potential changes at the Federal Reserve.
Shell reports record profits, sparking outrage as protesters demand windfall taxes. Meanwhile, Rolls-Royce and Unilever post strong earnings, and the US Federal Reserve signals new tariffs under Trump.
US Federal Reserve Chair Jerome Powell encountered an unexpected situation during his visit to Manila, sparking discussions on diplomatic protocols.