Markets
Justice Department Ends Probe Into Fed Chair Jerome Powell
The US Justice Department has dropped its investigation into Federal Reserve Chairman Jerome Powell regarding alleged building cost overruns, shifting focus to...
#Interest Rates 76 articles
Finance
US Mortgage Rates Decline for Third Consecutive Week
Average long-term U.S. mortgage rates have fallen for the third week in a row, reaching 6.23%. This easing of borrowing costs coincides...
Economy
Philippines Central Bank Raises Key Rate Amid Inflation Fears
The Bangko Sentral ng Pilipinas hiked its benchmark interest rate for the first time in over two years, citing a worsening inflation...
Economy
Inflation’s Latest Climb: How 3.3% Impacts Your Wallet
New inflation figures show a rise to 3.3%, driven by fuel costs. Understand the implications for household budgets, food prices, and interest...
Finance
Trump Fed Nominee Warsh Faces Senate Grilling Over Inflation, Powell Standoff
Kevin Warsh, Trump's Federal Reserve nominee, faces a tough Senate hearing Tuesday amid rising inflation, presidential demands for rate cuts, and an...
Markets
Gold Dips Below $4800 as Geopolitical Tensions, Warsh Hearing Weigh
Gold prices fell below $4,800 an ounce, driven by investor uncertainty over U.S.-Iran peace talks and anticipation of Federal Reserve Chair nominee...
Markets
Japan Opposition Demands 5-Year Surplus Plan by 2030
Yuichiro Tamaki, leader of Japan's Democratic Party for the People, calls for a five-year roadmap to achieve a primary surplus by 2030,...
Finance
US Mortgage Rates Dip for Second Week, Easing Buyer Costs
Average long-term U.S. mortgage rates have fallen for a second consecutive week, offering some relief to potential homebuyers during the peak housing...
Markets
Trump Renews Threat to Fire Powell, DOJ Probe Intensifies Amid Term Expiration
President Trump has once again threatened to dismiss Federal Reserve Chair Jerome Powell as his term nears expiration, while a controversial Justice...