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US Federal Reserve pauses rate cuts again, flags higher inflation risk

The Fed said that "swings in net exports" did not appear to have affected the solid economic activity -- a nod to the pre-tariff surge in imports in the first quarter ahead of the introduction of Trump's "liberation day" tariffs.
Updated on May 07, 2025 11:44 PM IST

Gold prices hit record 1 lakh per 10 gm ahead of Akshaya Tritiya

In India, gold prices touched 1 lakh per 10 grams, sending shockwaves through India’s middle class.
Updated on Apr 22, 2025 10:57 AM IST

Can Trump fire Jerome Powell before his term ends? POTUS lashes out at Fed Chief

FILE PHOTO: US President Donald Trump looks on as Jerome Powell, his then-nominee to lead the US Federal Reserve, speaks at the White House in Washington DC in November 2017.
Updated on Apr 17, 2025 07:19 PM IST

Gold hits new record high amid Federal Reserve chief's warning

Bullion gained as much as 0.4% to $3,357.78 an ounce, after adding 3.5% on Wednesday in its biggest one-day gain since March 2023.
Published on Apr 17, 2025 07:20 AM IST

US stocks dip, dollar weakens after Jerome Powell flags tariff concerns

US equities opened lower, shrugging off solid retail sales data. But the market dropped much more after Powell warned that Trump's tariffs could put the Federal Reserve in the unenviable position of having to choose between tackling inflation and unemployment. (File)
Published on Apr 17, 2025 03:18 AM IST