News

Trump: Bessent an option to replace Fed chair, 'but I like the job he's doing'
President Donald Trump said on Tuesday that Treasury Secretary Scott Bessent could be a candidate to replace Federal Reserve ...
Fed chair on edge: Anna Paulina Luna claims Jerome Powell is going to be fired; White House to announce successor soon
Amidst Trump administration pressure and speculation, Congresswoman Luna claims Federal Reserve Chair Jerome Powell's ...
The Japan Times39m
Wary Fed chief may be ousted, investors protect portfolios from inflation risk
A Fed chief warmer to cutting rates could have a mixed effect on equities but could weaken the U.S. dollar, increase ...
The tariff-driven inflation that economists feared begins to emerge
WASHINGTON (AP) — Inflation rose last month to its highest level in four months as the cost of gas, food, and groceries rose, ...
The Financial Express46m
US Treasury Secretary Bessent suggests Powell should leave Fed board in May, calls it ‘tradition, formal process’
However, Powell’s term as Fed governor is till January 2028, allowing him to legally be a part of monetary policy decisions ...
Asia Shares Struggle, Dollar Soars on Lowered Fed Rate Cut Bets
Brent crude futures fell 5 cents to $69.16 a barrel, while U.S. West Texas Intermediate crude futures declined 9 cents to $66.89 a barrel. Both contracts settled more than $1 lower in the previous ...