Gold Fluctuates, Dollar Set for Best Weekly Performance Since October
Gold prices fluctuated while the dollar is on track for its best weekly performance since October, supported by strong U.S. economic data and rising monetary tightening expectations.
Powell is leaving the chairmanship, but may remain at the Fed
Jerome Powell is stepping down as chair of the Federal Reserve but may continue to serve in a different capacity.
Business Ticker: Trump's Finance Minister Makes Clear Statement to Future Central Bank Chief
US Treasury Secretary Scott Bessent advocates for continued loose monetary policy under the upcoming Federal Reserve Chairman Kevin Warsh.
What is the price of the Mexican peso vs. the US dollar this Friday, February 6th
On February 6th, the Mexican peso opened with a slight depreciation of 0.12% against the US dollar following the Bank of Mexico's monetary policy decision.
KOSPI Hits All-Time High After 7% Surge Following 5% Plunge
The KOSPI surged nearly 7% to set a new all-time closing high after a drastic fallback of over 5%, reflecting the market's volatility amid uncertainty over U.S. monetary policy.
The turmoil in the markets puts pressure on Bitcoin, which has fallen to a 10-month low below $76,000
Bitcoin has dropped to a 10-month low below $76,000 due to market turmoil influenced by a fall in gold prices and concerns over tighter monetary policy in the U.S.
Trump – Powell summit clash: The independence of the Fed in the spotlight
President Trump has been outspoken about his desire to remove Federal Reserve Chairman Jerome Powell to influence monetary policy, believing interest rates should be lowered, while Powell has maintained a stoic silence amid attacks from Trump.
US probe into Fed hits global markets as worry of its independence grows
A criminal investigation into the Federal Reserve's chairman by the Trump administration is causing global market concerns about the independence of the central bank.
US Fed chief accuses Trump of ‘intimidation’
Fed Chair Jerome Powell claims the Trump administration is using a criminal investigation as a form of intimidation to influence the Federal Reserve's monetary policy decisions.
Jerome Powell: Justice is apparently investigating the US Federal Reserve Chairman
Jerome Powell has reportedly received a subpoena from the US Justice Department in response to ongoing criticisms from President Trump regarding the Federal Reserve's monetary policy.
Jerome Powell: Justice apparently investigates against US Federal Reserve Chair
US Federal Reserve Chair Jerome Powell has reportedly received a subpoena from the Justice Department amid ongoing criticism of the Fed's monetary policy by President Trump, with authorities allegedly threatening him with indictment.