Trump revives bid to fire Federal Reserve’s Lisa Cook
The Trump administration has sent Federal Reserve governor Lisa Cook a letter giving her until August 26 to respond to mortgage fraud allegations, reviving an effort to fire her. The White House…
All posts tagged in Federal Reserve6- Page
56Articles
US employers cut 23,000 jobs in July; prior hiring revised down
US nonfarm payrolls fell by 23,000 in July, a sharp miss of the Dow Jones forecast of an 83,000 gain. The Bureau of Labour Statistics also slashed 103,000 jobs from the combined…
Rupee falls to 95.28 as oil and US yields pressure currency
The rupee fell 6 paise to 95.28 against the US dollar in early trade on Friday, after opening at 95.27. It had declined 14 paise to 95.22 in the previous session. The…
Gold Touches $4,300 as Hormuz Tensions Lift Inflation Fears
Spot gold briefly crossed $4,300 an ounce on Thursday, reaching its highest level since June 18, before paring gains. NDTV Profit put the metal’s close at about $4,268, while Reuters reported by…
Trump Maintains Frequent Contact With Fed Chair Kevin Warsh
US President Donald Trump has spoken repeatedly with Federal Reserve Chair Kevin Warsh since Warsh took office less than three months ago, people familiar with the conversations told Hindustan Times. Trump has…
Kevin Warsh Revives Fed’s Old Language of Mystery
The Federal Reserve’s policy statements have shrunk from about 340 words to half that or less under Kevin Warsh, with forward guidance removed, Livemint reports in a summary of The Economist. Warsh…
