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Category Federal Reserve System

The coming Fed pivot: what it means for markets now

The coming Fed pivot: what it means for markets now

The Federal Reserve is edging closer to another rate cutting cycle. The last time the benchmark interest rate was reduced was in December 2024. Aft...
Europe markets open: Stocks fall as Trump’s Fed firing sparks global turmoil

Europe markets open: Stocks fall as Trump’s Fed firing sparks global turmoil

A political shockwave emanating from Washington is set to send European markets tumbling at the open on Tuesday, as investors grapple with an unpre...
‘I will not resign’: Fed Gov Lisa Cook defies Trump in an extraordinary power struggle

‘I will not resign’: Fed Gov Lisa Cook defies Trump in an extraordinary power struggle

In an unprecedented and explosive assault on the independence of the US central bank, President Donald Trump has declared he is immediately removin...
Trump threatens to fire Fed Governor Lisa Cook amid mortgage fraud allegations

Trump threatens to fire Fed Governor Lisa Cook amid mortgage fraud allegations

President Donald Trump escalated his pressure campaign on the Federal Reserve Friday, vowing to fire Governor Lisa Cook if she does not resign. T...
Jackson Hole Symposium: what Powell said about economic effects of Trump’s tariffs

Jackson Hole Symposium: what Powell said about economic effects of Trump’s tariffs

At the 2025 Jackson Hole Symposium, Fed Chair Jerome Powell addressed the effects of President Trump’s tariffs on the US economy. He noted that t...