News

No love for the dollar as markets fret about Fed independence
A battered dollar is taking another beating as investors, unnerved by fresh signs of an erosion in U.S. central bank ...
Why the Fed and ECB are no longer on the same page
Central bank benchmark borrowing costs are now more than 2 percentage points lower in Europe than the US, a divide that has ...
Powell says Fed can wait to reduce interest rates as Trump demands cuts
Powell is facing two days of what could be tough grilling on Capitol Hill, as Trump has repeatedly urged the Fed to reduce ...
European Shares Edge Higher as Ceasefire Holds, Fed Independence in Focus
(Reuters) -European shares edged higher on Thursday, aided by signs that the Israel-Iran ceasefire appeared to be holding, ...
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Fed holds rates steady, eyes Trump tariff risks and inflation
The Fed, helmed by Chair Jerome Powell, is expected to hold rates steady this month despite pressure from President Donald ...
US dollar hits fresh lows on report Trump considers naming next Fed chief early
The US currency dropped 0.4 per cent to 1.2728 per Singdollar as at 4.55pm, down 6.8 per cent for the year. Read more at ...
Trump urges Republican lawmakers to 'work over' Fed's Powell in Tuesday hearing
President Donald Trump urged House Republicans early Tuesday to give Federal Reserve Chair Jerome Powell a difficult time ...
Dollar slips on Fed credibility concerns, euro close to 4-year high
The dollar slipped to multi-year lows against the euro and Swiss franc on Thursday as concerns about the future independence ...