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Global shares rose on Friday, along with the dollar, as investors clung to the view that U.S. interest rates may fall further ...
Fears over the reliability of US economic data follow Trump’s aggressive attack on the independence of the Federal Reserve. Trump has repeatedly harangued Jay Powell, the Fed chair, calling him a ...
Fed chair has been in the president’s sights for some time now ...
Investors believe revising Federal Reserve leadership could favour looser monetary policy that aligns with Donald Trump's agenda.
In mostly narrow ranges, the greenback is firmer against the G10 currencies but the Canadian dollar and sterling. Click to read.
“By selecting Miran, Trump has made a stop-gap appointment and given himself until January to make the main call,” said ...
Israel plans takeover of Gaza City and Texas Gov. Abbott criticizes state Democrats: Morning Rundown
Plus, the suspect in a shooting this week at Fort Stewart in Georgia was bullied for his stutter when he first joined the ...
Stock futures edge higher as investors react to new tariffs, Trump’s Fed pick, and mixed corporate earnings including Expedia ...
The way the Fed is designed, there isn’t too much the new Fed chair can do outside of setting a change in tone and publicly pushing for a new direction.
The dollar is only modestly weaker after President Trump nominated Stephen Miran to fill a vacancy on the Fed’s Board of Governors, ING’s Francesco Pesole says in a note. While Miran recently ...
The pound was quoted higher at USD1.3435 at midday on Friday in London, compared to USD1.3412 at the equities close on Thursday. The euro stood unchanged at USD1.1631. Against the yen, the dollar was ...
Trump's executive order bans debanking of crypto companies, instructs regulators to fine offenders, and removes the ...
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