Tag: Federal Reserve
Trump axes Fed’s Lisa Cook as mortgage fraud scandal erupts
U.S. President Donald Trump announced on Monday evening that Federal Reserve Governor Lisa Cook was being removed from her post with immediate effect. Trump...
Asia FX markets cautious after Trump escalates Fed tensions with Cook...
Asian currencies and the U.S. dollar traded cautiously on Tuesday as investors weighed fresh concerns over the Federal Reserve’s independence. The tension followed President...
Gold rallies to fresh 2-week high in wake of Trump’s Fed...
Gold prices edged higher in Asian trading on Tuesday as investors turned to safe-haven assets. The move came after President Donald Trump announced he...
Bitcoin sinks to 7-week low near $110K as Fed independence concerns...
Bitcoin slid to a seven-week low on Tuesday as investors pulled back from risk assets following U.S. President Donald Trump’s unprecedented dismissal of Federal...
Dollar and Treasuries drop after Trump ramps up Fed criticism; gold...
The U.S. dollar and longer-dated Treasuries slipped on Tuesday after President Donald Trump announced the dismissal of Federal Reserve Governor Lisa Cook, a highly...
Dollar strengthens, but BofA warns Powell’s dovish tilt could bring downside
The U.S. dollar strengthened on Monday, but Bank of America (BofA) warned that further gains could be difficult, especially against major European currencies. Analysts...
S&P 500 Rises After Powell Signals Possible September Rate Cut
S&P 500 Jumps as Powell Signals September Rate Cut and Treasury Yields Drop
The S&P 500 surged on Friday, supported by a sharp fall in...
Trump Warns He Will Dismiss Fed’s Cook if She Refuses to...
Trump Threatens to Fire Fed Governor Lisa Cook Over Mortgage Fraud Allegations
President Donald Trump said on Friday that he will dismiss Federal Reserve Governor...
Oil Prices Poised for Weekly Rise Amid Stalled Ukraine Peace Talks
Oil Prices Head for Weekly Gains as Ukraine Peace Talks Stall and U.S. Stockpiles Fall
Oil prices steadied on Friday, remaining on track for their...
Kospi Seen Recovering by Year-End as Policy Reforms and Stronger Won...
Kospi Expected to Recover by Year-End on Policy Reforms and Stronger Won
South Korea’s stock market, which has been weighed down by a prolonged summer...
