Federal Reserve Chairman Jerome Powell will answer questions from members of the Senate Banking Committee starting at 10 a.m.
Spot gold hit a peak of $2,942.70 per ounce in Asian trading hours before easing to stand 0.1% lower at $2,904.59 as of 1118 ...
Last year, Trump suggested the U.S. president should have "at least" a say over setting interest rates, something that would end the Fed’s independence, though Powell has vowed to serve out his term, ...
Gold price hits a record $2,942 but risks a reversal as Powell’s testimony looms. Will Fed policy trigger a correction or fuel a rally? Read the full analysis.
Attention will be on Federal Reserve Chair Jerome Powell when he testifies before Congress today for further clues about the ...
And the rise in long-term rates further complicates the US budget equation, through the increased interest burden and their negative impact on growth, particularly through the real estate channel. The ...
Jerome H. Powell is set to testify as inflation risks are resurfacing, regulatory changes are in flux and the Federal Reserve ...
The Fed faces complex decisions as it decides how quickly to cut rates or whether to raise them amid Trump's tariffs and ...
Dow, S&P 500, and Nasdaq futures are falling in premarket trading Tuesday as the stock market digests President Donald Trump's latest tariff moves.
The odds of further interest rate cuts this year by the Federal Reserve dwindled last week as unemployment fell and more officials say they want to see how new policies from the White House affect the ...
Follow all the latest U.S. market action for Tuesday here as investors get ready for testimony from Fed Chair Jerome Powell, ...
Live coverage of Fed Chair Jerome Powell's semiannual address to Congress. He's set to speak to the Senate later today and ...
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