US Federal Reserve

US manufacturing output dips in March

Manufacturing output dipped 0.1% last month after an upwardly revised 0.4% increase in February

US President Donald Trump (left) said he would fire Fed chief Jerome Powell if he did not resign from the Fed after his term as chair ended.

Trump’s quest for more sway over Fed faces fresh hurdles

Jerome Powell’s term as chair of the Federal Reserve ends on May 15, but it appears increasingly likely that he will stay on in some capacity at the US central bank after that

The oil shock spurred by the conflict has sent petrol prices in the US to their highest level since 2022, leading US inflation to jump in March.

War’s impact on firms goes beyond energy costs: Fed’s Beige Book

A growing number of officials are concerned the war could fuel inflation

Powell told reporters his decision to stay or go would ultimately be based on “what he thought was “best for the institution and for the people we serve”.

Trump threatens to fire Powell if he does not resign from Fed

Jerome Powell’s tenure as chair officially ends May 15

Tuesday’s surprise visit has the potential to further delay Kevin Warsh's nomination as Federal Reserve chair in Congress.

US prosecutors made unannounced visit to Federal Reserve in DC

US PROSECUTORS made a surprise visit to the Federal Reserve’s offices in Washington Tuesday amid the Justice Department’s investigation into Chair Jerome Powell and a renovation project at the central...

In his ethics agreement submitted with the disclosures, Kevin Warsh has promised to divest from certain holdings and to resign from board positions and other roles.

Fed chair nominee Kevin Warsh discloses assets worth over US$190 million

He will be among the wealthiest to hold the Fed chair position

It is unclear how quickly Kevin Warsh's appointment could be confirmed by the full Senate.

US Fed chief nominee Warsh clears one hurdle for Senate hearing: CNBC

FEDERAL Reserve chair nominee Kevin Warsh has submitted required paperwork to the US Senate, putting him one step closer to a hearing in the chamber and his eventual installation as Jerome Powell’s su...

With oil prices well above pre-conflict levels, inflation is becoming harder to ignore.

Global bonds slide as failure of talks adds to inflation fears

Traders have already adjusted their expectations, pushing back expectations for the next quarter-point Fed cut until mid-2027

The Fed questioning comes on top of another initiative at the Treasury Department to question insurers about their exposure.

US Fed seeks details on US banks’ exposure to private credit firms

A growing chorus of international regulators have been warning about the risks of private credit

San Francisco Federal Reserve Bank President Mary Daly noted that US consumers were still spending and businesses investing.

US economic fundamentals in a ‘good place’ despite Iran war: US Fed President Daly

SAN Francisco Federal Reserve President Mary Daly on Wednesday said the US economy is fundamentally in a “good place” despite sharply higher oil prices from the Iran war and the uncertainty over how l...