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The gains followed a political jolt in Washington after US President Donald Trump dismissed Federal Reserve Governor Lisa Cook over alleged mortgage borrowing impropriety.
D onald Trump has not been shy: he wants interest rates down, fast. For months, the president has berated the Federal Reserve ...
Benchmark Fed Funds futures show that the probability of a 25-basis-point reduction when the policy-steering Federal Open ...
Spot gold increased by 0.2% to $3,371.28 per ounce, marking its peak since August 11, while US gold futures for December ...
Trump has ‘no authority’ to fire: Fed governor Lisa Cook says ‘will continue to carry out my duties’
Federal Reserve Governor Lisa Cook said Trump has “no authority” to fire her and affirmed she “will continue to carry out my ...
The importance of that independence was underscored during the 1970s, when then-Fed Chair Arthur Burns, under pressure from President Richard Nixon, kept rates low ahead of the 1972 election.
President Trump said Monday he has fired Lisa Cook from the Federal Reserve's Board of Governors — a dramatic move after ...
Nvidia earnings are the main corporate event this week, with investors looking at how the $4 trillion juggernaut at the heart of the artificial-intelligence boom is faring. Quarterly reports from ...
Interest is the monetary charge for the privilege of borrowing money, typically expressed as an annual percentage rate.
Gold prices climbed to a more than two-week high on Tuesday, after U.S. President Donald Trump said he was removing Federal ...
Last week, Cook emphasised she wouldn't leave her post after the US president called for her resignation on social media, ...
Japanese government bond yields tested record highs on Tuesday after U.S. President Donald Trump's attempt to oust Federal ...
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