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Jerome Powell

Jerome Powell

Disagreement as US policy rate left unchanged
Business News

Disagreement as US policy rate left unchanged

The US Federal Reserve (Fed) is leaving the US benchmark interest rate unchanged in the range of 3. 50-3
New Fed chief Kevin Warsh gets green light from Senate Banking Committee
Business News

New Fed chief Kevin Warsh gets green light from Senate Banking Committee

Kevin Warsh has been approved by the Senate's powerful Banking Committee as the new head of the U. S
Nordea does not expect interest rate hikes this year
Business News

Nordea does not expect interest rate hikes this year

The Swedish Central Bank is expected to leave the key interest rate unchanged until next year, despite the energy price shock and uncertainty surrounding the war in Iran, according to a mortgage-rate forecast by Nordea chief economist Annika Winsth. "However, it is wise to be humble and take into account both higher inflation and interest rates," she adds
Senator Thom Tillis lifts hold on Trump's Fed nominee Kevin Warsh
Business News

Senator Thom Tillis lifts hold on Trump's Fed nominee Kevin Warsh

Senator Thom Tillis has lifted his hold on Kevin Warsh, who has been nominated by President Donald Trump to be the next head of the U. S
Justice Department drops criminal investigation into Fed Chairman Powell
Business NewsTop News

Justice Department drops criminal investigation into Fed Chairman Powell

The US Department of Justice is dropping the criminal investigation into Fed Chairman Jerome Powell - which could pave the way for his intended successor, Kevin Warsh.
Financial professionals unsure about Kevin Warsh as new Fed chief
Business News

Financial professionals unsure about Kevin Warsh as new Fed chief

Financial 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
Trump's proposed Fed chief Kevin Warsh grilled over independence in Senate Banking Committee hearing
Business News

Trump's proposed Fed chief Kevin Warsh grilled over independence in Senate Banking Committee hearing

Kevin Warsh, Donald Trump's nominee to be the new head of the Federal Reserve (the Fed), was grilled by Democrats during a Senate Banking Committee hearing about his independence from the president.
Kevin Warsh: Fed should be independent
Business News

Kevin Warsh: Fed should be independent

Kevin Warsh, who has been nominated as the new chairman of the US Federal Reserve (the Fed), says the central bank must be largely independent of political control, CNBC reports.
Anthropic's new AI model Mythos raises cyber risk concerns in the financial sector
Business News

Anthropic's new AI model Mythos raises cyber risk concerns in the financial sector

Anthropic's new AI model is so powerful that the company does not dare release it to the market yet. In the US, the Treasury Secretary and the Federal Reserve Chairman have called an urgent meeting to address cyber risks
Trump fires U.S. Attorney General Pam Bondi
World News

Trump fires U.S. Attorney General Pam Bondi

President Donald Trump confirmed on Truth Social that he is firing U. S
Fed leaves US interest rates unchanged - war in Iran looms
Business News

Fed leaves US interest rates unchanged - war in Iran looms

The Federal Reserve (Fed) is leaving US interest rates unchanged in the 3. 50–3
Oil prices and Fed forecast send Wall Street reeling
Business News

Oil prices and Fed forecast send Wall Street reeling

U. S
Federal judge dismisses prosecutors' subpoenas in Jerome Powell investigation
Business News

Federal judge dismisses prosecutors' subpoenas in Jerome Powell investigation

A federal judge in the United States has completely dismissed prosecutors' subpoenas issued in a criminal investigation into outgoing Federal Reserve (Fed) Chairman Jerome Powell.
Nomination of Kevin Warsh as Fed chief sent to the Senate
Business News

Nomination of Kevin Warsh as Fed chief sent to the Senate

U. S
Fed divided over interest rate developments as some officials see need to raise rates
Business News

Fed divided over interest rate developments as some officials see need to raise rates

Inflation in the U. S
Republican senator says he will vote against Trump's Fed pick Kevin Warsh
Business News

Republican senator says he will vote against Trump's Fed pick Kevin Warsh

Republican Thom Tillis wrote on the social network X that he will apparently vote against Kevin Warsh's nomination as the new head of the US Federal Reserve (the Fed) today.
Trump says Kevin Warsh will be the new Fed chairman
Business NewsTop News

Trump says Kevin Warsh will be the new Fed chairman

President 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
New bids: New Fed chief to be announced as early as Friday, Trump says
Business News

New bids: New Fed chief to be announced as early as Friday, Trump says

Trump may announce new Federal Reserve chief next week
Business News

Trump may announce new Federal Reserve chief next week

Donald Trump said he will announce next week who will be the new head of the US Federal Reserve (the Fed).
Quiet US stock market ahead of major quarterly reports
Business News

Quiet US stock market ahead of major quarterly reports

An interest rate announcement from the central bank surprised few investors; the wait for major quarterly reports took over, and price movements on the New York Stock Exchange were small.
Fed leaves US interest rate unchanged at 3.50-3.75 percent
Business News

Fed leaves US interest rate unchanged at 3.50-3.75 percent

The Federal Reserve (the Fed) has decided to leave the United States' key interest rate unchanged at 3. 50–3
Trump hesitates on Fed chairman nomination
Business News

Trump hesitates on Fed chairman nomination

U. S
Swedish Minister of Finance says the recovery has begun
Business News

Swedish Minister of Finance says the recovery has begun

The Swedish economy is very stable, according to Finance Minister Elisabeth Svantesson (M) - the recovery has begun and the economy is on the rise. But there are risks in the outside world
Svantesson supports Fed chief Jerome Powell
Business News

Svantesson supports Fed chief Jerome Powell

Finance Minister Elisabeth Svantesson (M) joins others in supporting Fed Chairman Jerome Powell.
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