Announcing a successor would undercut #Fed chair #JeromePowell, rattle global #markets and erode the central bank's independence. #dollar #interestrate #trump Read more »
#Fed chair Jerome #Powell warns of a 'hot summer' for #inflation as tariffs bite and #crude rises, justifying his hold-and-watch stance. #fomc #inflation #trump Read more »
As the Fed seeks a neutral stance, Trump’s fiscal agenda may unleash inflationary forces that could complicate the central bank's efforts to maintain growth. Read more »
With the US economy facing a slowdown and the labour market weakening, the Fed is under immense pressure to cut interest rates and avoid a recession. Read more »
A sigh of relief as US Congress pulls back from the brink, but can they sidestep US federal government shutdown in the long run? Read more »
The Federal Open Market Committee unanimously decided to raise the federal funds rate to 5-5.25%, a level unseen since the global financial crisis. Read more »
High wholesale inflation will reflect in consumer prices in coming months, prompting RBI to revise its policy rates and monetary stance. Read more »
Prices in fiat currency are determined by speculation, not by value calculated by intrinsic characters of irreplaceability and resource limitation. Read more »