News

Veteran fund manager drops bold July Fed interest rate prediction after jobs shocker
The debate over the Federal Reserve's reluctance to lower rates has intensified recently. Those hoping that the Fed would ...
Trump admin has ‘lot of good candidates’ to replace Fed Chair Jerome Powell: Bessent
If they want to make a mistake here and not cut, that’s fine,” Bessent told CNBC, insisting that tariffs imposed by Trump ...
Trump’s Criticism of Fed’s Rate Decisions Not Necessarily a Threat to Its Independence, BIS Says
The BIS said doubts have been raised about the Trump administration’s commitment to central bank independence, but added the ...
Gold prices ease ahead of US data as investors weigh Fed rate stance
Gold prices edged lower on Wednesday as investors awaited U.S. payroll data and assessed Federal Reserve Chair Jerome ...
Trump guns for 1% interest rate or better, says 'Too Late' Powell should be ashamed
On June 30, President Donald Trump issued a handwritten note to Fed Chair Jerome Powell as shared on Truth Social. The note ...
Up to 4.30% APY: Lock in a High CD Rate Before the Fed Slashes Rates
If the Fed cuts rates, CD rates will likely drop too. Learn why now might be the time to lock in your high APY.
Gulf shares muted on tariff uncertainty, Fed rate cut in focus
Most stock markets in the Gulf were muted in early trade on Wednesday as investors weighed uncertainty over U.S. trade deals ...
Fed rate cut and tech boom could lift markets but a choppy summer still looms, analyst warns
Truist's Keith Lerner expects markets to rise in the second half but anticipates volatility, not a runaway rally.