Keywords: Jerome powell
Gold prices surged past $4,600 per ounce for the first time on Monday, driven by investors flocking to safe-haven assets. This milestone came as the U.S. Department of Justice launched a criminal investigation into Federal Reserve Chair Jerome Powell, coupled with escalating violence from protests across......
The Nasdaq Composite reached an all-time high on Monday, while gold prices surged beyond $3,600 per ounce for the first time, as investors bet heavily on Federal Reserve interest rate cuts following disappointing U.S. employment data. The tech-heavy Nasdaq gained 0.45% to close at 21,798.70, surpassing......
The price of gold surged to an unprecedented $3,516 per ounce on Tuesday, propelled by mounting economic uncertainty that drove investors away from equities. The precious metal briefly hit $3,516.31 during Asian trading before settling near $3,508.50, marking a significant milestone in its continued......
Christopher Waller, one of the governors of the US Federal Reserve, urged the central bank on Thursday to lower its benchmark interest rate at the next monetary policy meeting scheduled for September 16–17. Speaking in Miami, Waller expressed regret that no rate cut was made in July but stressed......
U.S. Treasury Secretary Scott Bessent said Tuesday that there is currently no reason for Federal Reserve Chairman Jerome Powell to resign, despite growing political pressure and criticism from President Donald Trump. “There is nothing at this time that suggests he should step down,” Bessent......
President Donald Trump commemorated his first 100 days in office with a spirited rally in Michigan, using the event to highlight his administration’s policies and defend his record amid low approval ratings and declining consumer confidence. Billed by the White House as an “achievement speech,”......
President Donald Trump has stepped back from his previous threats to remove Jerome Powell as Chair of the Federal Reserve. His earlier criticism of Powell, particularly regarding interest rate decisions, had caused significant turbulence in financial markets. However, Trump clarified to reporters at......
President Donald Trump has declared "significant progress" in trade negotiations with Japan, stepping in unexpectedly during a session between U.S. and Japanese officials in Washington, DC. Despite ongoing uncertainty fueled by his administration’s aggressive tariff policies, Trump emphasized......
The Federal Reserve is poised to announce a quarter-point reduction in its benchmark interest rate, lowering it from approximately 4.6% to around 4.3%. While this marks a continuation of recent cuts, the pace of rate reductions is expected to slow in 2025, signaling a shift in the central bank's......
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