close_game
close_game

federal reserve

Latest from federal reserve

Gold prices hit record 1 lakh per 10 gm ahead of Akshaya Tritiya

Gold prices soared to an all-time high due to fears of President Trump's potential dismissal of Federal Reserve Chair Jerome Powell. 

In India, gold prices touched <span class='webrupee'>₹</span>1 lakh per 10 grams, sending shockwaves through India’s middle class.(File Photo)
Updated on Apr 22, 2025 10:57 AM IST

Can Trump fire Jerome Powell before his term ends? POTUS lashes out at Fed Chief

The possibility of President Donald Trump attempting to remove Federal Reserve Chair Jerome Powell has sparked debate over the Fed’s legal independence.

FILE PHOTO: US President Donald Trump looks on as Jerome Powell, his then-nominee to lead the US Federal Reserve, speaks at the White House in Washington DC in November 2017.(REUTERS)
Updated on Apr 17, 2025 07:19 PM IST
ByShrey Banerjee

Gold hits new record high amid Federal Reserve chief's warning

The dollar fell to a fresh six-month low, while Powell quelled hopes the Fed would act quickly to soothe investors.

Bullion gained as much as 0.4% to $3,357.78 an ounce, after adding 3.5% on Wednesday in its biggest one-day gain since March 2023.(Representational Image/Unsplash)
Published on Apr 17, 2025 07:20 AM IST
Bloomberg |

US stocks dip, dollar weakens after Jerome Powell flags tariff concerns

US stocks hit session lows shortly after Federal Reserve Chair Jerome Powell's comments before recovering a bit in the final minutes of trading.

US equities opened lower, shrugging off solid retail sales data. But the market dropped much more after Powell warned that Trump's tariffs could put the Federal Reserve in the unenviable position of having to choose between tackling inflation and unemployment. (File)(Bloomberg)
Published on Apr 17, 2025 03:18 AM IST
AFP |

Jerome Powell says Donald Trump tariffs even larger than Fed's upside estimates

The tariffs rolled out by Trump were larger than even the highest estimates prepared by the Federal Reserve ahead of time, Fed Chair Jerome Powell said.

FILE PHOTO: U.S. Federal Reserve Chair Jerome Powell attends a press conference(REUTERS)
Updated on Apr 16, 2025 11:40 PM IST
Reuters |
Story Saved
Live Score
Saved Articles
Following
My Reads
Sign out
New Delhi 0C
Sunday, April 27, 2025
Start 14 Days Free Trial Subscribe Now
Follow Us On