News

Tariff tracker: Vance in India, nosediving dollar, a cautious IMF
As India hopes for progress on the trade deal with the US during JD Vance's visit, China has issued a warning. Meanwhile, the ...
Sensex Surges Nearly 600 Points, Nifty Hits 24,000 In Opening Trade; Bank Nifty At Record High
The BSE Sensex on Monday trades higher by nearly 600 points at 79,152.86 in the opening trade, while the NSE Nifty reclaims ...
Trump’s push against Fed chief Jerome Powell latest reason to sell US dollar
The Fed's independence is regarded as a crucial reason for investing in US assets. Read more at straitstimes.com. Read more ...
Chicago Fed chief: Central bank must be independent of politics
Austan Goolsbee, the Chicago Fed chief, defended the central bank's independence in a Sunday morning talk-show interview.
Indian rupee may nudge higher, bond yields eye central bank policy minutes
The Indian rupee is likely to trade with a positive bias this week, bolstered by a pickup in portfolio inflows and a weaker ...
Opinion
Red State Observer4hOpinion
Warren's Hypocrisy on Interest Rates Exposed Again
In a stunning display of political hypocrisy, Senator Elizabeth Warren (D-MA) has come under fire for her sharply contrasting positions regarding interest rates during the Trump and Biden ...
Chicago Fed President Austan Goolsbee says a move by Trump to terminate Jerome Powell would ‘undermine the credibility of the Fed’
President Donald Trump said this week Fed chair Jerome Powell’s “termination cannot come fast enough.” That’s led to a debate ...
Can Trump Fire Jerome Powell? President Calls for Fed Chair's Termination and Again Demands the Central Bank Cut Interest Rates
President Donald Trump has once again slammed Federal Reserve Chair Jerome Powell over high interest rates, calling for the ...
First Shockwaves of Trump’s Tariffs Are About to Hit the World Economy
The following day, purchasing manager indexes from Japan to Europe to the US will offer the first coordinated glimpse of ...
Amid Trump's feud with Jerome Powell, a GOP senator says the Fed Chair has 'tiger blood' and will 'do what he thinks is right'
Sen. John Kennedy of Louisiana said on NBC's "Meet the Press" that he doesn't think Trump can oust Powell as chair of the ...
Hedge funds are the new ‘shadow banks’—and some are worried they pose a systemic threat to financial stability
Shadow banking” now accounts for $250 trillion, or 49% of the world’s financial assets, according to the Financial Stability ...
Trump’s threats to fire Fed chair put central bank’s independence into question
President Donald Trump suggested twice on Thursday he could remove the Federal Reserve’s Jerome Powell from his position as chair, a move that would shatter the U.S. central bank’s position ...