Tag: interest rates
Senate Confirms Kevin Warsh as Next Federal Reserve Chair
The U.S. Senate on Wednesday, May 13 officially confirmed Kevin Warsh as the next chair of the Federal...
AI Could Save America’s Economy—or Deepen Its Debt Crisis, Yale Study Warns
A May 6 report by Fortune noted that tech giants are pouring nearly $1 trillion into artificial intelligence...
Fed Holds Interest Rates Steady as Dissent Reaches Highest Level Since 1992
The Federal Reserve announced Wednesday, April 29 that it will keep its benchmark interest rate unchanged...
Oil Shock Ripples Hit Hong Kong, Taiwan Housing Markets
Due to geopolitical uncertainty surrounding the situation in Iran, the property markets in Hong Kong...
Bank of Canada Holds Key Rate at 2.25%, Warns of War-Driven Inflation
The Bank of Canada announced on March 18 that it would keep its key interest rate unchanged at 2.25 percent...
Trump Nominates Kevin Warsh to Lead the Federal Reserve — Markets Reprice in Hours
On the first trading day of February 2026, markets across asset classes adjusted within hours of a single...
Steve Moore: Kevin Warsh Nomination is ‘Right on Target’ for Fed Leadership
Renowned economist Steve Moore recently wrote in Fox News that U.S. President Trump’s nomination of Kevin...
Trump Nominates Kevin Warsh as Next Federal Reserve Chair
According to the Associated Press, U.S. President Donald Trump announced on Friday that he will nominate...
Fed Keeps Interest Rates Steady, Signals Future Moves Will Depend on Data
By Gao Yun The Federal Reserve announced on Wednesday, Jan. 28 that it would keep the benchmark...
Gold Shatters Records, Surges Past $5,300 as Trump Signals Comfort With Weaker Dollar
By Tian Jingxin On Jan. 28, the global precious metals market set a new historical record. Spot...
US Inflation Holds at 2.7% as Fed Faces Rising Policy Pressures
ABC News reports that U.S. inflation remained stable in December. Data from the Bureau of Labor Statistics...
Fed Announces First Rate Cut Since 2020, Lowering Interest by 0.5 Percent
The benchmark interest rate for lending is now 4.75 to 5 percent, following the Federal Reserve's long-awaited...