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Reserve Bank

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
Australia's central bank raises interest rates over inflation concerns

05 May 2026-10:52
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
India forex reserves rise for second straight week

17 Apr 2026-16:52
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
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
India's forex reserves fall for second straight week

India’s foreign exchange reserves fell by $7.052 billion to $709.759 billion in the week ending March 13, according to data released by the Reserve Bank of India (RBI) on Friday.

20 Mar 2026-17:42
Australia raises interest rate to 10-month high

The Reserve Bank of Australia raised its policy interest rate by 25 basis points to 4.1% on Tuesday, marking the highest level since April 2025.

17 Mar 2026-14:58
Fed’s Logan says policy well positioned amid inflation concerns

Federal Reserve Bank of Dallas President Lorie Logan said Friday that monetary policy is well positioned to address economic risks, though she remains concerned about inflation's path back to the central bank's 2% target.

20 Feb 2026-22:17

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