close_game
close_game

federal reserve news

Latest from federal reserve

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

Gold prices soared to an all-time high due to fears of President Trump's potential dismissal of Federal Reserve Chair Jerome Powell. 

In India, gold prices touched <span class='webrupee'>₹</span>1 lakh per 10 grams, sending shockwaves through India’s middle class.(File Photo)
Updated on Apr 22, 2025 10:57 AM IST

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

The possibility of President Donald Trump attempting to remove Federal Reserve Chair Jerome Powell has sparked debate over the Fed’s legal independence.

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.(REUTERS)
Updated on Apr 17, 2025 07:19 PM IST
ByShrey Banerjee

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

The dollar fell to a fresh six-month low, while Powell quelled hopes the Fed would act quickly to soothe investors.

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.(Representational Image/Unsplash)
Published on Apr 17, 2025 07:20 AM IST
Bloomberg |

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

US stocks hit session lows shortly after Federal Reserve Chair Jerome Powell's comments before recovering a bit in the final minutes of trading.

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)(Bloomberg)
Published on Apr 17, 2025 03:18 AM IST
AFP |

Jerome Powell says Donald Trump tariffs even larger than Fed's upside estimates

The tariffs rolled out by Trump were larger than even the highest estimates prepared by the Federal Reserve ahead of time, Fed Chair Jerome Powell said.

FILE PHOTO: U.S. Federal Reserve Chair Jerome Powell attends a press conference(REUTERS)
Updated on Apr 16, 2025 11:40 PM IST
Reuters |

Powell says Federal Reserve can wait on any interest rate moves

Powell says Federal Reserve can wait on any interest rate moves

Powell says Federal Reserve can wait on any interest rate moves
Published on Apr 16, 2025 11:02 PM IST
AP |

Fed Reserve announces ‘closed board meeting’ amid tariff tensions; When is it?

The Federal Reserve System Board of Governors will hold a secret meeting as the Trump administration's massive new tariffs start to go into force.

Federal Reserve Chair Jerome Powell testifies before the Senate Banking Committee in the Hart Senate Office Building on Capitol Hill on February 11, 2025 in Washington, DC.(Getty Images via AFP)
Published on Apr 07, 2025 07:32 PM IST

US stock market wipes out over $5 trillion on Donald Trump’s tariff war

Donald Trump administration’s tariffs “could have a persistent impact on inflation," warned Federal Reserve Chairman Jerome Powell.

The S&P 500 has lost 11% the past two sessions in the steepest two-day slide since March 2020, when the Covid pandemic pushed the global economy into lockdown. (REUTERS)
Updated on Apr 05, 2025 09:41 PM IST
Bloomberg |

Stocks extend global selloff, oil falls as China hits back after Trump tariffs

GLOBAL-MARKETS/ (WRAPUP 10,PIX, TV):GLOBAL MARKETS-Stocks extend global selloff, oil falls as China hits back after Trump tariffs

Stocks extend global selloff, oil falls as China hits back after Trump tariffs
Updated on Apr 04, 2025 10:53 PM IST
Reuters |

Federal Reserve chief says Trump tariffs likely to raise inflation and slow US economic growth

Federal Reserve chief says Trump tariffs likely to raise inflation and slow US economic growth

Federal Reserve chief says Trump tariffs likely to raise inflation and slow US economic growth
Published on Apr 04, 2025 10:02 PM IST
AP |

US consumers remained cautious about spending last month as inflation ticked higher

US consumers remained cautious about spending last month as inflation ticked higher

US consumers remained cautious about spending last month as inflation ticked higher
Updated on Mar 28, 2025 07:33 PM IST
AP |

US Fed official warns 'inevitable' tariffs boost inflation

US Fed official warns 'inevitable' tariffs boost inflation

US Fed official warns 'inevitable' tariffs boost inflation
Published on Mar 28, 2025 03:05 AM IST
AFP |

Federal Reserve sees tariffs raising inflation this year, keeps key rate unchanged

Federal Reserve sees tariffs raising inflation this year, keeps key rate unchanged

Federal Reserve sees tariffs raising inflation this year, keeps key rate unchanged
Updated on Mar 20, 2025 01:32 AM IST
AP |

Donald Trump picks Fed governor Michelle Bowman as vice chair for supervision

If confirmed by the US Senate, Bowman is expected to support a lighter touch on bank regulation than her predecessor, Michael Barr.

US Federal Reserve Governor Michelle Bowman attends a
Published on Mar 18, 2025 12:50 PM IST
Bloomberg |

Gold pauses after hitting record high amid Trump tariffs stoking trade war fears

US President Donald Trump threatened to charge a 200% tariff on imports of European wines and spirits after the EU imposed a 50% tax on American whiskey.

International gold prices reached $2,986.45 an ounce after hitting a record high of $2,989.46, within touching distance of the $3,000 an ounce milestone. (Representational Image)
Published on Mar 14, 2025 09:09 AM IST

February US wholesale prices unchanged showing inflation easing, though trade wars threaten trend

February US wholesale prices unchanged showing inflation easing, though trade wars threaten trend

February US wholesale prices unchanged showing inflation easing, though trade wars threaten trend
Published on Mar 13, 2025 09:20 PM IST
AP |

US consumer price growth slows in February, but tariffs may boost inflation

U.S. consumer prices increased less than expected in February, but the improvement is likely temporary against the backdrop of aggressive tariffs on imports.

The consumer price index rose 0.2% last month after accelerating 0.5% in January, the Labor Department's Bureau of Labor Statistics said on Wednesday.(AFP)
Updated on Mar 12, 2025 07:29 PM IST
Reuters |

Asia shares mostly rise after Trump talks with Putin about ending war in Ukraine

Japan's Nikkei 225 increased by 1.3%, while U.S. inflation concerns lingered, leading to mixed performances in energy and financial markets.

Asian stock markets followed Wall Street lower on Thursday after the Federal Reserve delivered another big interest rate hike to cool galloping inflation and raised its outlook for more. (AP Photo/Ahn Young-joon)
Published on Feb 13, 2025 09:48 AM IST
AP |

US stock market: Wall Street falls after worse inflation data

The S&P 500 was 0.2% lower in afternoon trading. The Dow Jones Industrial Average was down 169 points, or 0.4%, as of 12:47 p.m. Eastern time

FILE - A sign outside the New York Stock Exchange marks the intersection of Wall and Broad Streets, Tuesday, Jan. 28, 2025, in New York. (AP Photo/Julia Demaree Nikhinson, File)(AP)
Published on Feb 12, 2025 11:49 PM IST
AP | | Posted by Arya Vaishnavi

US inflation tops forecasts, dimming chances for Federal Reserve rate cuts

Underlying US inflation last month rose by the most since March, diminishing chances the Federal Reserve will lower interest rates anytime soon.

Trump on Wednesday called for lower interest rates before Fed Chair Jerome Powell speaks at the House.(Getty Images via AFP)
Updated on Feb 12, 2025 07:56 PM IST
Bloomberg |

Jerome Powell reveals whether Musk or his DOGE team tried to access Fed systems

Jerome Powell said he did not believe that Elon Musk or members of his DOGE team have tried to access the Fed's secure payment systems.

Federal Reserve Chair Jerome Powell testifies before the Senate Banking Committee in the Hart Senate Office Building on Capitol Hill on February 11, 2025 in Washington, DC.(Getty Images via AFP)
Updated on Feb 11, 2025 11:06 PM IST
Reuters |

Powell says Fed 'well positioned' for 'risks and uncertainties' that lie ahead

Jerome Powell said the Federal Reserve is prepared to keep its key interest rate unchanged for now as inflation remains elevated and the job market is solid.

Federal Reserve Chair Jerome Powell testifies before the Senate Banking Committee in the Hart Senate Office Building on Capitol Hill on February 11, 2025 in Washington, DC.(Getty Images via AFP)
Published on Feb 11, 2025 10:57 PM IST
AP |

US job openings fall to 7.6 million in December, suggesting the job market is slowing but healthy

US job openings fall to 7.6 million in December, suggesting the job market is slowing but healthy

US job openings fall to 7.6 million in December, suggesting the job market is slowing but healthy
Published on Feb 04, 2025 08:42 PM IST
AP |

Former federal reserve adviser arrested, for leaking US trade secrets to China

John Harold Rogers was arrested for allegedly conspiring to steal trade secrets for China, making false statements during the investigation.

US President Donald Trump in the Oval Office on January 31, 2025 in Washington, DC.(AFP)
Published on Feb 01, 2025 09:13 AM IST
ANI |

US inflation is lingering and tariffs threatened by Trump could nudge prices in wrong direction

US inflation is lingering and tariffs threatened by Trump could nudge prices in wrong direction

US inflation is lingering and tariffs threatened by Trump could nudge prices in wrong direction
Updated on Jan 31, 2025 08:21 PM IST
AP |

Fed doesn’t 'need to be in hurry' to lower interest rates, says Jerome Powell

Powell said the Fed is awaiting to see what policies are enacted by the newly inaugurated Donald Trump administration.

Jerome Powell stressed that the Fed wants to see “serial readings” suggesting further progress on inflation.(Bloomberg)
Published on Jan 30, 2025 03:30 AM IST
Bloomberg |

US dollar firmer against peers after Fed keeps interest rates unchanged

Fed officials made a unanimous decision to keep the overnight interest rate in the current 4.25%-4.50% range.

The dollar strengthened 0.51% to 0.908 against the Swiss franc(Representative Image)
Published on Jan 30, 2025 02:57 AM IST
Reuters |

How Fed's interest rate pause will impact regular American wallets

The Federal Reserve is expected to pause rate cuts at its January 29 meeting, maintaining rates between 4.25% and 4.5%.

Federal Reserve officials held interest rates steady, pausing to assess the inflation outlook following a string of rate reductions last year. Fed Chairman Jerome Powell in the picture. Photographer: Al Drago/Bloomberg(Bloomberg)
Updated on Jan 30, 2025 06:01 AM IST

US Federal Reserve keeps interest rates unchanged, says decision was ‘unanimous’

The US Federal Reserve also noted that inflation remains "somewhat elevated, and economic outlook is uncertain".

The US Fed said that economic activity has continued to expand at a solid pace. (AP)
Updated on Jan 30, 2025 05:40 AM IST

US Fed meeting: Under pressure from Trump, will Powell hold interest rates?

The US Federal Reserve will announce its first monetary policy decision of 2025, expected to keep interest rates at 4.50%. 

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.(REUTERS)
Updated on Jan 29, 2025 10:41 PM IST
SHARE
  • 1
  • 2
  • 3
  • ...
Story Saved
Live Score
Saved Articles
Following
My Reads
Sign out
New Delhi 0C
Wednesday, May 07, 2025
Follow Us On