Donald Trump names Kevin Warsh as next chair of US Fed

In a post on his Truth Social platform, Trump said, "I am pleased to announce that I am nominating Kevin Warsh to...

Trump confirms top picks to replace Fed Chair Powell

US President Donald Trump has confirmed his leading choices to replace the current US Federal Reserve Chair Jerome...

Future rate cuts may delay, US Fed chair signals cautious approac

The Federal Reserve Chair, Jerome Powell, indicated that the anticipated rate cuts may be delayed, as the US economy...

Sensex, Nifty decline over a per cent each

Indian indices declined by over a per cent each on Thursday, as investors await US Federal Reserve Chair Jerome...

US Fed chief strongly signals rate cut in September

US Federal Reserve Chair Jerome Powell gave a strong indication that it was time for the US central bank to reduce...

Indian stocks settle steady; markets now await Fed chair's speech

The stock market on the last trading day of this week ended flat after a volatile session, as investors are waiting...

Markets globally await Fed chair at Jackson Hole address

The central bankers and markets around the globe will be eying the speech given by Federal Reserve Chair Jerome...

Powell hints a September rate cut amid strong economic activity

U.S. Federal Reserve Chair Jerome Powell hinted a possible interest rate cut in September if economic conditions...

US Fed says further interest rate hike unlikely going ahead

US Federal Reserve Chair Jerome Powell said a further interest rate hike from here is unlikely and the central bank...

US Fed vows to hold policy rate “as long as appropriate”

US Federal Reserve Chair Jerome Powell said it was prepared to maintain the current interest rate for "as long as...

US banking sector crisis tightened credit conditions: Fed Chair

The recent banking crisis in the US appears to have resulted in tighter credit conditions and they are likely to...

US Fed chief Jerome Powell tests positive for Covid

US Federal Reserve Chair Jerome Powell tested positive for Covid-19 and is experiencing "mild symptoms".