US President Donald Trump escalated his criticism of Federal Reserve Chair Jerome Powell on Thursday (June 26), calling him “terrible” and revealing he has several potential successors in mind. “I know within three or four people who I’m going to pick,” Trump told reporters at The Hague on the sidelines of NATO summit, when asked…
US Fed Meeting LIVE: The US Fed decided to keep the key benchmark interest rates unchanged at the range of 4.25% to 4.5% on Wednesday, May 7, 2025, amid global uncertainty caused by the raging trade war, a slowing economic growth in the nation, and unstable inflation trends. “The Committee decided to maintain the target…
Anek S | 500px Plus | Getty Images Asia-Pacific markets rose Thursday, breaking ranks with Wall Street which declined sharply after U.S. Federal Reserve Chair Jerome Powell cautioned that the ongoing trade tensions could challenge the central bank’s goals of controlling inflation and spurring growth. Japan’s benchmark Nikkei 225 was up 0.48% in early trade,…
US Fed Meeting LIVE: The US Federal Reserve announced its eighth policy decision for 2024 after a two-day Federal Open Market Committee (FOMC) meeting and voted 11 to 1 on Wednesday, December 18, to slash the benchmark interest rate by 25 basis points (bps) or (1/4) quarter of a percentage point to 4.25 – 4.50…
