Tag: Federal Reserve
Gold Retreats After Touching Two-Week High Amid Fed Independence Concerns
Gold prices slipped in Asian trading on Wednesday, retreating after touching a two-week high. The move followed U.S. President Donald Trump’s attempt to remove...
Asian Currencies Slip on Fed Independence Concerns; Aussie Strengthens After Hot...
Asian currencies moved lower on Wednesday as investors grew cautious following President Donald Trump’s attempt to remove Federal Reserve Governor Lisa Cook, raising fresh...
Trump’s Move Against Fed Governor Raises Uncertainty for Treasuries
U.S. bond investors expect President Donald Trump’s latest attempt to tighten control over the Federal Reserve to weigh on long-dated Treasuries, with concerns that...
S&P 500 Advances as Gains in Health Care and Tech Outweigh...
The S&P 500 edged higher on Tuesday as gains in health care and technology stocks helped offset renewed concerns over Federal Reserve independence, just...
Morgan Stanley Predicts September Kickoff for Fed Rate Cuts
Morgan Stanley now expects the U.S. Federal Reserve to start cutting interest rates in September, pointing to a shift in tone from Chair Jerome...
Fed Official Lisa Cook Plans to Sue Trump Over Attempted Dismissal
Federal Reserve Governor Lisa Cook will take legal action to stop President Donald Trump from removing her from office, her lawyer said on Tuesday....
Dollar Slips After Trump’s Attempt to Remove Fed Governor Alarms Investors
The U.S. dollar weakened against major global currencies on Tuesday after President Donald Trump’s decision to fire Federal Reserve Governor Lisa Cook raised fresh...
Asia stocks slip as U.S. rate cut optimism fades; tech cautious...
Asian stocks moved lower on Tuesday as optimism over U.S. interest rate cuts faded and caution built ahead of Nvidia’s highly anticipated earnings. Technology...
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...
