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Federal Reserve
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Federal Reserve Governor Lisa Cook has disclosed nearly $1.2 million in legal fees and over $140,000 in private security expenses as she fights a high-stakes battle against U.S. President Donald Trump's efforts to remove her from office.18 Jun 2026-19:50
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The Federal Reserve kept rates unchanged, but new Chair Kevin Warsh’s tougher anti-inflation message pushed investors to price in another rate hike before the end of 2026.18 Jun 2026-10:16
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Gold prices fell by about 3% after stronger than expected U.S. employment data reinforced expectations that the Federal Reserve may keep interest rates higher for longer.06 Jun 2026-19:31
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The average 30-year fixed mortgage rate has dropped by 36 basis points compared to last year, offering a glimmer of hope and tangible savings for potential homebuyers despite ongoing short-term market volatility.01 Jun 2026-11:13
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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
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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
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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
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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
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