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Reserve
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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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Australian Prime Minister Anthony Albanese has unveiled a 10 billion Australian dollar ($7.22 billion) package aimed at strengthening the country’s fuel reserves and establishing a government-owned stockpile, as part of efforts to protect Australia from global supply disruptions.06 May 2026-09:31
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Germany currently holds the world’s second-largest gold reserve, totaling approximately 3,350 tonnes valued at roughly $240 billion.27 Apr 2026-17:08
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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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