Fed Holds Interest Rates Steady, With December Hike in View
As expected, the US Federal Reserve opted to hold off on raising its key interest rate for now. There are strong indications that it will raise rates in December instead.
BusinessAs expected, the US Federal Reserve opted to hold off on raising its key interest rate for now. There are strong indications that it will raise rates in December instead.
BusinessUS President Donald Trump has appointed a committee to investigate allegations against Federal Reserve member Lisa Cook.
BusinessThe US Supreme Court has ruled that President Donald Trump does not have the right to immediately fire Federal Reserve governor Lisa Cook.
BusinessThe Trump administration wants the Supreme Court to make a quick decision so that Lisa Cook can be fired as a member of the US central bank Federal Reserve.
BusinessPresident Donald Trump's attempt to get rid of Fed member Lisa Cook before this week's interest rate decision fails. An appeals court has decided that Lisa Cook may continue in her position, at least temporarily, and thus be involved and vote on the key interest rate.
BusinessDonald Trump has been prevented from firing Federal Reserve member Lisa Cook. Now his administration is demanding that she be relieved of her duties before next week's interest rate decision.
BusinessAn American court pauses the US President Donald Trump's decision to fire Federal Reserve member Lisa Cook. The message comes after Cook sued the president, reports NBC News.
BusinessThe gold rally may gain new momentum if the Trump administration's attempts to clean out the Federal Reserve (Fed) damage the market's confidence in the US central bank, warn the professionals at Goldman Sachs.
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