Tag: Federal Reserve
Waller Vows to Defend Fed Independence Ahead of Trump Meeting
Federal Reserve Governor Christopher Waller, who is among the leading candidates to succeed Fed Chair Jerome Powell next year, said he would firmly defend...
Fed Still Has Room for Further Rate Cuts, Says Waller
U.S. interest rates remain above their theoretical neutral level, while inflation is expected to continue easing in the months ahead, according to Federal Reserve...
Dollar Rebounds as Sterling Slides After Weak Inflation Data
The U.S. dollar traded higher on Wednesday, moving away from its lowest level since early October as markets reassessed the Federal Reserve’s future interest...
Bitcoin Holds Near $87K as ETF Outflows and Fed Caution Weigh
Bitcoin traded largely flat near the $87,000 level on Wednesday, stabilizing after modest losses earlier in the week. Ongoing outflows from U.S.-listed spot Bitcoin...
Dollar Hovers Near 2½-Month Lows as Jobs Data Clouds Rate Outlook
The U.S. dollar edged slightly higher on Wednesday after touching its weakest level since early October, as soft labor market data left investors uncertain...
Silver Hits Record High Above $66 as Gold Rises on Economic...
Gold prices climbed during Asian trading on Wednesday, while silver surged to a fresh record high as growing uncertainty surrounding the U.S. economy boosted...
Asia FX Weakens With US Jobs Report in Focus, Rupee Rebounds
Most Asian currencies edged lower on Wednesday as investors evaluated the Federal Reserve’s future interest rate direction following softer U.S. labor market data. At...
Gold Consolidates Near Record Highs After U.S. Payrolls Data
Gold prices were largely steady on Tuesday as investors absorbed a wave of U.S. economic data, looking for signals on the future direction of...
Fed Chair Race Heats Up as Trump Interviews Governor Waller
President Trump is expected to interview Federal Reserve Governor Christopher Waller on Wednesday as part of the ongoing search for the next Federal Reserve...
Dollar Drops Against Rivals After Delayed Data Flags Jobs Slowdown
The U.S. dollar weakened against major currencies on Tuesday after delayed economic data showed job growth exceeding expectations, prompting markets to reassess the Federal...
