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Reserve
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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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