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Federal Reserve

Kevin Warsh takes oath as Fed chair

Kevin Warsh was sworn in as chairman of the Federal Reserve on Friday, succeeding Jerome Powell during a White House ceremony.

23 May 2026-01:23
US dollar strengthens as Treasury yields hit multi-week high

15 May 2026-10:38
US Senate approves Kevin Warsh as Fed chair

The US Senate confirmed Kevin Warsh on Wednesday as chair of the Federal Reserve for a four-year term, appointing President Donald Trump’s nominee to lead the central bank amid increased scrutiny of interest rates and the Fed’s independence.

13 May 2026-23:36
Australian shares tumble as inflation fears lift rate outlook

Australian equities declined on Wednesday as expectations grew that the U.S. Federal Reserve could be forced to raise interest rates sooner than previously anticipated following hotter-than-expected inflation data.

13 May 2026-11:22
Recent inflation data was 'bad news,' Fed's Goolsbee says

02 May 2026-23:40
Trump urges Fed nominee Warsh to cut rates quickly

Donald Trump said he would be disappointed if his nominee for Federal Reserve chair, Kevin Warsh, does not move quickly to cut interest rates once confirmed by the Senate.

21 Apr 2026-17:16
Trump threatens to fire Fed chair unless he resigns

On Wednesday, U.S. President Donald Trump stated that he would dismiss Federal Reserve Chair Jerome Powell if Powell does not resign at the end of his term, emphasizing that an ongoing Justice Department investigation must proceed.

15 Apr 2026-20:00
Bank of America profit rises on trading boom

Bank of America reported higher first-quarter profit, driven by a surge in trading activity and a strong rebound in investment banking fees.

15 Apr 2026-15:15
Fed’s Daly warns oil shock may delay inflation drop

Federal Reserve official Mary Daly has warned that the recent oil price shock linked to the Iran conflict could delay progress in bringing inflation back to target.

10 Apr 2026-16:28
Balancing war inflation and economic stability

A senior US Federal Reserve official has raised the prospect of an interest rate hike for the first time in years, warning that the Iran war's impact on fuel costs could push inflation beyond the central bank's control.

07 Apr 2026-14:38

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