US economy slows as inflation eases and GDP growth misses forecasts
Inflationary pressures in the US are easing. However, there are now signs that the country's economy is performing worse than expected.
BusinessInflationary pressures in the US are easing. However, there are now signs that the country's economy is performing worse than expected.
BusinessChristopher Waller, a member of the Federal Reserve (Fed) board, says there could be a key interest rate hike in the US if inflation continues to trend upward.
BusinessFormer US Federal Reserve chairman Alan Greenspan has died of complications from Parkinson's disease, US media report. He was 100 years old.
BusinessThe US Federal Reserve (Fed) - with new head Kevin Warsh at the helm - has, as expected, left US interest rates in the range of 3.50–3.75 percent. However, the Fed board disagrees on the future outlook.
BusinessPresident Donald Trump will swear in Kevin Warsh as the new head of the U.S. Federal Reserve (the Fed) on Friday, the White House told several U.S. media outlets.
BusinessThe US Federal Reserve (Fed) appears to have parried the Trump administration's attempts to influence monetary policy and threats of interest rate cuts for the time being. The Fed's independence is not under acute threat, according to SEB's US economist Elisabeth Kopelman.
BusinessStubborn inflationary pressures and now strong job figures seem to be reducing the chance that Kevin Warsh - the new head of the Federal Reserve (Fed) - can lower the key interest rate in the United States. That raises the risk of a clash with President Donald Trump.
BusinessThe US Federal Reserve (Fed) is leaving the US benchmark interest rate unchanged in the range of 3.50-3.75 percent, as expected, Bloomberg reports. However, the decision was made with the widest disagreement in over three decades.
BusinessFinancial professionals are skeptical about whether President Donald Trump's nomination of Kevin Warsh to be the new Federal Reserve chairman will receive a green light in the Senate. The Trump administration's threat to impeach outgoing Fed Chairman Jerome Powell is being cited as a major obstacle.
BusinessThe dollar, interest rates and stock markets are rising after an unexpectedly strong US jobs report for January. But one should be careful not to draw too strong a conclusion from a single month, says Elisabet Kopelman, US economist at SEB. January figures are shaky, she says.
BusinessPrecious metals prices are falling sharply. The sharp price declines began when the media reported that President Donald Trump was about to nominate Kevin Warsh as the new head of the US Federal Reserve (the Fed).
BusinessPresident Trump announced on Truth Social that he has nominated former central banker Kevin Warsh to be the next head of the Federal Reserve. "He will never let you down. Congratulations, Kevin!" Trump wrote.
BusinessThe Stockholm Stock Exchange did not react significantly to President Donald Trump's nomination of Kevin Warsh to head the U.S. Federal Reserve.
BusinessDonald Trump said he will announce next week who will be the new head of the US Federal Reserve (the Fed).
BusinessWorld market prices for gold and silver have hit new records during overnight trading. Early this morning local time in Sweden, the silver price peaked at a new record level of $91.55 per ounce - the first time it has been above $90.
BusinessThe broad OMXS index on the Stockholm Stock Exchange fell 0.1 percent on Wednesday, while gold and silver prices rose to record levels.
BusinessCore inflation in the U.S., which excludes energy and food prices, was unchanged at 2.6 percent in December, according to the U.S. Department of Labor's Bureau of Labor Statistics.
BusinessBanks that are big in credit cards are being squeezed lower in futures trading ahead of this week's Wall Street trading. Heavyweights like Capital One, JPMorgan Chase and Citigroup are down 4% to 10%, while buy-now-pay-later companies like Klarna and Affirm are up significantly.
BusinessGold and silver prices rose to record highs after the Trump administration threatened to sue the US Federal Reserve (the Fed), fueling growing uncertainty about the Fed's independence.
BusinessThe broad OMXS index on the Stockholm Stock Exchange hovered around zero on Monday and closed unchanged.
BusinessThe price of gold continues to rise to record levels. Gold now costs over $4,400 per ounce.
BusinessThe US Federal Reserve (Fed) has cut its key interest rate by a quarter of a percentage point to a range of 3.50–3.75 percent, as expected. However, the Fed is cautious about future cuts.
BusinessAnother cut in the key interest rate – or not? On December 10, the US Federal Reserve (Fed) will put its foot down. The decision-makers now appear unusually divided – while the Fed chairman keeps his mouth shut.
BusinessMore in USA:s centralbank Federal Reserve
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