Here Are the Key Takeaways From Powell’s Testimony in Senate
Here are the key takeaways from Federal Reserve Chair Jerome Powell’s testimony before the Senate Banking Committee in ...
Bloomberg Retracts Incorrect Story on Fed’s Climate Program
Six major U.S. banks won't be required to make submissions for the Fed's Climate Scenario Analysis Exercise because that program's been shut down, sources say.
Dollar Advances on Trump’s Steel Comment as Trade Jitters Deepen
The dollar rallied against most major currencies after President Donald Trump said he would announce tariffs on steel and ...
Bond Market Inflation Gauge Pressured Over Trump Tariff Turmoil
Bond investors are betting that the Federal Reserve will have to contend with rising prices once again, and soon, in the wake of President Donald Trump’s plan to slap tariffs on trading partners and ...
EM Currencies Slip as Trump’s Metal Tariffs Hurt Sentiment
Emerging market currencies slipped as US president Donald Trump targeted the metals industry in his latest tariff salvo, ...
Fed’s Kugler Watchful for Inflation Progress, Policy Uncertainty
Federal Reserve Governor Adriana Kugler said inflation has fallen significantly, but warned recent progress has been slow and that considerable uncertainty remains.
Americans Slash Expectations of Federal Benefits After Trump Win
Americans downgraded their expectations for benefits from the federal government after Donald Trump won the presidency, according to a new survey by the Federal Reserve Bank of New York.
Gold Passes $2,900 to Record as Trump Tariffs Spur Haven Buying
Gold rose to a new all-time high after US President Donald Trump said he would announce tariffs on steel and aluminum imports ...
Trump Says Fed Made the Right Call Last Week to Pause Rate Cuts
US President Donald Trump said the Federal Reserve was right to pause its rate-cutting path in its decision last week, a break from his penchant for calling for lower rates.