Here Are the Key Takeaways From Powell’s Testimony in Senate
Here are the key takeaways from Federal Reserve Chair Jerome Powell’s testimony before the Senate Banking Committee in ...
Bloomberg Retracts Incorrect Story on Fed’s Climate Program
Six major U.S. banks won't be required to make submissions for the Fed's Climate Scenario Analysis Exercise because that program's been shut down, sources say.
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US Stock Futures Drop as Trade Nerves Spur Caution: Markets Wrap
Stocks struggled as the latest tariff news spurred caution among traders who are also looking ahead to testimony from Federal Reserve Chair Jerome Powell and key US inflation data.
Dollar Advances on Trump’s Steel Comment as Trade Jitters Deepen
The dollar rallied against most major currencies after President Donald Trump said he would announce tariffs on steel and ...
Bond Market Inflation Gauge Pressured Over Trump Tariff Turmoil
Bond investors are betting that the Federal Reserve will have to contend with rising prices once again, and soon, in the wake of President Donald Trump’s plan to slap tariffs on trading partners and ...
EM Currencies Slip as Trump’s Metal Tariffs Hurt Sentiment
Emerging market currencies slipped as US president Donald Trump targeted the metals industry in his latest tariff salvo, ...
Fed’s Kugler Watchful for Inflation Progress, Policy Uncertainty
Federal Reserve Governor Adriana Kugler said inflation has fallen significantly, but warned recent progress has been slow and that considerable uncertainty remains.
Gold Extends Gains to Near Record as Tariffs Spur Haven Buying
Gold rose toward a record after President Donald Trump said he would announce duties on steel and aluminum imports on Monday, ...
Gold Rises to Another Record High as Trump Drives Haven Demand
Gold hit a record high after President Donald Trump imposed 25% tariffs on all US steel and aluminum imports, adding to uncertainty across global markets that’s boosting demand for havens.