Kevin Warsh may be the adult in the room. But can he calm the US economy?
Fed chair presided over unanimous decision to raise interest rates despite intense campaign from White HouseIn the end…
Japan raises interest rates to 31-year high to curb impact of rising prices
Increase from 1% to 1.25% follows US Federal Reserve and European Central Bank tightening monetary policyBusiness live…
What to know about US Federal Reserve’s first interest rate hike in 3 years
The unanimous decision comes as prices have remained stubbornly high and despite Trump's demands for lower rates.
US interest rates raised for first time in three years
The Federal Reserve unanimously voted to increase interest rates to 3.75%-4% from 3.5%-3.75% on Wednesday.
Federal Reserve raises interest rates for first time since July 2023 – live
Kevin Warsh, Donald Trump’s pick for Fed chair, raises rates despite intense pressure from presidentBusiness editorThe…
US Federal Reserve votes to hike rates for the first time since 2023
Move comes after Trump nominated Kevin Warsh as Fed chair and said US should have lowest rates in the worldThe US Fede…
US revises statements suggesting Chinese hackers attacked agencies
US Justice Department clarifies that the US Senate and Federal Reserve were targets but were not successfully hacked.
Fed chair addresses inflation and says central bank’s job is ‘to deliver stable prices’
However, Kevin Warsh didn’t say if interest rates would change in coming months, as inflation remains stubbornThe US F…
US Federal Reserve’s Kevin Warsh gears up for key Jackson Hole conference as inflation fears mount – business live
Rolling coverage of the latest events in global financial markets, the economy and major corporate movesIn the metals …
Federal Reserve Governor Lisa Cook denounces Trump’s mortgage fraud claims
The Trump administration has doubled down on its accusations against Cook, despite a Supreme Court ruling in her favou…
US credit card debt climbs to $1.26tn, nearing last year’s record high
Mortgage and student loan balances saw ‘small decline’ with increases elsewhere, says post alongside Fed reportCredit …
Donald Trump renews effort to fire Federal Reserve governor Lisa Cook
US president has clashed with Federal Reserve members over his bid to rapidly slash interest rates despite inflation.