Get all your news in one place.

100's of premium titles.
One app.

Start reading

Get all your news in one place.

100's of premium titles. One news app.

Start reading

The Latest Breaking News from US Federal Reserve

Why Wall Street is unhappy with Trump's pick for Fed chair

Investors are getting their least favorite thing: uncertainty.

Axios

Trump’s unlikely promise to ‘end inflation’ still saw families paying an extra $2,120 for goods and services in 2025

Exclusive: The year-on-year inflation increase equates to an added cost of $2,120 per household, assuming they purchased the same goods and services in 2025 that they bought in 2024. That includes an increase of $123 on electricity bills and $150 on groceries.

Fortune

Stocks Settle Lower on Weakness in Chip Stocks and Miners

The S&P 500 Index ($SPX ) (SPY ) on Friday closed down -0.43%, the Dow Jones Industrials Index ($DOWI ) (DIA ) closed down -0.36%, and the Nasdaq 100 Index ($IUXX ) (QQQ ) closed down -1.28%. March E-mini S&P futures (ESH26 ) fell -0.43%, and March E-mini Nasdaq futures...

Barchart

From analysis to the latest developments in health,
read the most diverse news in one place.

Gold and silver prices plunge following Trump's Fed pick announcement

The selloff follows a wild year when the precious metals soared as if they were meme stocks or the hot new tech darling.

Axios

Stocks Close Down as Gold, Silver Spiral: Stock Market Today

A "long-overdue correction" temporarily halted a massive rally in gold and silver, while the Dow took a hit from negative reactions to blue-chip earnings.

Kiplinger

Dollar Rallies and Precious Metals Plummet on Trump’s Pick for Fed Chair

The dollar index (DXY00 ) on Friday rose by +0.79%. The dollar rallied on Friday after President Trump nominated Keven Warsh as the next Fed Chair. Mr. Warsh is seen as more hawkish than other Fed Chair candidates and often emphasized inflation risks during his tenure as a Fed Governor...

Barchart

Jerome Powell warned his successor to stay out of elected politics and offered other advice. Here’s what Kevin Warsh might do as Fed chair

The former Fed governor is a strong critic of the Fed and shared his plans to shape the central bank in 2025.

Fortune

Read news from The Economist, FT, and more,
with one subscription

Key Inflation Metric Hits 3 Percent, Despite Trump's Claim That Rising Prices Are 'Solved'

The new producer price index report complicates the administration's push for lower interest rates.

Reason

FTSE 100 finishes week with rise despite falls in mining stocks

The index closed with an increase of more than 51 points to 10,223.54.

Evening Standard

Right before Trump named Warsh to lead the Fed, Powell seemed to respond to some of his biggest complaints about the central bank

“I mean, if it’s just a question of using better models, bring them on. Where are they? We’ll take them.”

Fortune

Another ‘central casting’ central banker: Trump’s pick of Kevin Warsh fits a well-established pattern

Nearly a decade ago, Trump reportedly doubted Janet Yellen was tall enough to be Fed chair. His choice was Jerome Powell.

Fortune

Stocks Slip as Bond Yields Rise after Warsh Picked for Fed Chair

The S&P 500 Index ($SPX ) (SPY ) today is down -0.35%, the Dow Jones Industrials Index ($DOWI ) (DIA ) is down -0.51%, and the Nasdaq 100 Index ($IUXX ) (QQQ ) is down -0.58%. March E-mini S&P futures (ESH26 ) are down -0.36%, and March E-mini Nasdaq futures...

Barchart

What the New Fed Chair Means for Savers

Here's a look at how Kevin Warsh could influence future Fed policy.

Kiplinger

What Trump’s Fed Chair Nominee Kevin Warsh Could Mean for Your Wallet

President Donald Trump has revealed his pick to replace Powell: Kevin Warsh, a former Fed governor, White House advisor and Wall Street banker.

GOBankingRates

Get all your
news in one place.

100's of premium titles.
One news app.

Barchart

Dollar Rallies and Precious Metals Plunge as Trump Picks Warsh for Fed Chair

The dollar index (DXY00 ) today is up by +0.53%. The dollar is climbing today after President Trump nominated Keven Warsh as the next Fed Chair. Mr. Warsh is seen as more hawkish than other Fed Chair candidates and often emphasized inflation risks during his tenure as a Fed Governor...

Barchart

Stocks Fall as Trump Nominates Warsh for Fed Chair

The S&P 500 Index ($SPX ) (SPY ) today is down -0.25%, the Dow Jones Industrials Index ($DOWI ) (DIA ) is down -0.27%, and the Nasdaq 100 Index ($IUXX ) (QQQ ) is down -0.44%. March E-mini S&P futures (ESH26 ) are down -0.25%, and March E-mini Nasdaq futures...

Reason

Trump Taps Kevin Warsh To Lead Fed

Plus: Shutdown averted? Pixar's NIMBY robot beavers, Amazon goes big on AI, and Trump wants to prop up home prices.

Fortune

The new Fed chair’s billionaire father-in-law is a friend of Trump’s from college and has business interests in Greenland

Trump’s pick of Kevin Warsh pairs an inflation hawk with a deep Trumpworld connection through Ronald Lauder, a friend to the president for 60 years.

Get all your
news in one place.

100's of premium titles.
One news app.

GOBankingRates

How Much Does the Average Rich Person Invest In Real Estate?

While many people own an individual home, the wealthy tend to hold more real estate. We took a look at how much the average rich person invests in real estate.

Evening Standard

How will Donald Trump’s pick for US central bank chairman affect markets?

Former Fed governor Kevin Warsh has been nominated by Mr Trump to replace current chair Jerome Powell when his term ends in May.

Kiplinger

The New Fed Chair Was Announced: What You Need to Know

President Donald Trump announced Kevin Warsh as his selection for the next chair of the Federal Reserve, who will replace Jerome Powell.

Euronews

Trump picks Warsh for Fed chair, testing US central bank independence

Trump has nominated former Fed governor Kevin Warsh to lead the central bank, a move that could signal a shift towards closer White House influence over monetary policy.

Fortune

Meet Trump’s next Fed Chair Kevin Warsh: He wants a back-seat central bank, a more bullish monetary policy, and for his dog to live a really long time

Trump confirmed Warsh as the Fed chair nominee Friday morning. Here’s what might be in store for the central bank.

The Guardian - US

Trump nominates Federal Reserve critic Kevin Warsh as its next chair

Pick of former Fed governor to replace Jerome Powell comes as White House seeks to tighten grip on central bank

The Independent UK

Trump poised to nominate US central bank chair amid feud over rate cuts

Speculation that former Federal Reserve governor Kevin Warsh is the president’s top choice was helping lift the US dollar on Friday morning.

1 … 80 81 82 83

People

From analysis to the latest developments in health,
read the most diverse news in one place.

Organisations

International Monetary Fund

Read news from The Economist, FT, and more,
with one subscription

Topics

Places

Fourteen days free

Download the app

One app. One membership.
100+ trusted global sources.