US Treasury’s Bessent calls for review of Fed non-monetary policy operations
US Treasury Secretary Scott Bessent said the Federal Reserve’s vital independence on monetary policy is threatened by its “mandate creep” ...
Tag: Fed
Asia: Stocks struggle as traders eye Fed saga, trade war
Asian markets fluctuated on Thursday after a rollercoaster day on Wall Street punctuated by fears Donald Trump was considering sacking ...
US firms passing some cost hikes to consumers: Fed survey
Many US firms passed along “at least a portion of cost increases” to consumers in recent weeks, as businesses faced ...
Gold rises on weaker US dollar as markets await Fed rate-cut clues
Gold prices rose on Tuesday (Jul 1), supported by a weaker US dollar, as investors awaited labour market data due ...
Decision on naming next Fed chair not ‘imminent’: White House
The White House said on Thursday no decision is imminent on naming a successor to Federal Reserve Chairman Jerome Powell, ...
Wall Street forecasts windfall for big US banks from Fed plan to ease leverage rule
Large US global banks can expect as much as US$6 trillion in additional balance sheet capacity and billions in freed ...
Wall Street Today: Dow Drops, Nasdaq Rises as Investors Eye Fed Caution and Geopolitical Ease
The US markets took a breather on Wednesday, closing mixed after two days of strong gains. The Nasdaq gained 61 ...
US dollar slips as Trump considers naming next US Fed chair early
The US dollar dipped amid an increase of bets on US interest-rate cuts due to growing expectations that the next ...
Asia: Stocks down with eyes on Mideast, dollar hit by Trump Fed comment
Most stocks fell on Thursday and oil rose as traders kept a nervous eye on the Iran-Israel ceasefire, while the ...
Wall Street Surges Over 1% as Ceasefire Hopes Swell After Fed Signals
The U.S. stocks rose more than 1% on Tuesday, lifted by hopes of a ceasefire between Israel and Iran and ...
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