In a post on his Truth Social platform, Trump said, "I am pleased to announce that I am nominating Kevin Warsh to be the CHAIRMAN OF THE BOARD OF GOVERNORS OF THE FEDERAL RESERVE SYSTEM." "I have known Kevin for a long period of time, and have no doubt that he will go down as one of the G
The US Federal Reserve, in its latest policy meeting held on January 27-28, decided to keep its key benchmark interest rates unchanged at 3.5 to 3.75 per cent, citing low job gains, signs of stabilisation in the labour market, and inflation that remains somewhat elevated.
Federal Reserve Chair Jerome H. Powell confirmed that the U.S. Department of Justice has served the Federal Reserve with grand jury subpoenas, raising the specter of a potential criminal indictment connected to his testimony before the Senate Banking Committee last June.
The US Federal Reserve reduced the federal funds rate by 25 basis points (0.25 percentage point), citing rising downside risks to employment and a moderate pace of economic expansion.
The US Federal Reserve cut its key interest rate to 3.5-3.75 per cent, its lowest level in over three years, CBS News reported. Officials signalled only one rate cut next year amid slowing job growth and persistent inflation, while divisions emerged within the committee over the latest de
Airbus Helicopters hosted a symposium on 'Safety and Support and Services' in New Delhi, bringing together helicopter regulators, operators and aviation experts to discuss accident prevention and operational best practices, among others, for India's growing rotorcraft ecosystem.
The Federal Reserve has decided to lower the target range for the federal funds rate by one-fourth of a percentage point to 3.75-4 per cent, marking a shift in its monetary policy stance amid signs of a moderating economy. The decision, according to a Federal Reserve press release on Wednesd
Hyderabad (Telangana) [India], October 16: Chennai Blitz kept their Prime Volleyball League 2025 campaign alive with a thrilling five-set win over Ahmedabad Defenders -- 15-10, 10-15, 15-11, 12-15, 15-13 -- at the Gachibowli Indoor Stadium on Wednesday. Chennai captain Jerome Vinith was name
Kolkata Thunderbolts put on a dominant performance to beat the Chennai Blitz 15-11, 15-12, 15-13 in the RR Kabel Prime Volleyball League powered by Scapia at the Gachibowli Indoor Stadium, Hyderabad, on Saturday. Jithin N was named the Player of the Match.
US President Donald Trump has confirmed his leading choices to replace the current US Federal Reserve Chair Jerome Powell, naming three of his close aides as top picks for the position, The Hill reported.
According to a post on Truth Social, the US President stated that Miran would be serving until January 31, 2026, following his appointment if approved by the US Senate and in the meantime, his administration will keep searching for a permanent replacement.