US Federal Reserve

If nominated and confirmed, it would mark a comeback for Warsh, whom the president passed over for the top job in 2017, when he selected Powell.

Trump administration prepares for Warsh Fed chair nomination

Warsh previously served on the US central bank’s Board of Governors

President Trump’s pick may face a complicated path to confirmation in the US Senate.

Trump says he’ll announce Fed chair pick on Friday morning

He reiterated that the next leader of the central bank would lower interest rates

US Federal Reserve chairman Jerome Powell has painted a picture of an economy that did not require any further rate cuts for the foreseeable future.
NEWS ANALYSIS

Powell defends independence of Federal Reserve

It will maintain trust in central banks that monetary policy will not be abused for short-term gains that might win elections

The price of silver is playing catch-up with gold, which has been on its own spectacular tear, taking its price to as high as US$5,300 an ounce.

The precious metal feeding frenzy

Gold and silver are on a tear but buyer beware

Markets are eyeing two quarter-point rate cuts this year, with the first not fully priced in until July, says Jean Boivin, head of the BlackRock Investment Institute.

Singapore, Asia markets end largely higher after Fed pause and MAS hold as focus shifts to earnings

Investor attention is shifting towards fundamentals and AI-linked growth themes in the region

U.S. Federal Reserve Chair Jerome Powell speaks during a press conference following a two-day meeting of the Federal Open Market Committee on interest rate policy, Washington, Jan 28, 2026.

US Fed holds rates steady, sees ‘elevated’ inflation and stabilising job market

Policymakers voted 10-2 to hold the US central bank’s benchmark interest rate

A stronger Singdollar is beneficial in terms of imported costs, but it may also influence export competitiveness and the attractiveness of Singapore as a tourist destination, says OCBC chief economist Selena Ling.
BT EXPLAINS

Why Japan’s yen shock is rippling across Asian currencies – and what it means for Singapore

The US dollar has slid on intervention fears, while the yen has strengthened considerably

Fed chair Jerome Powell has earned a reputation as an unlikely champion of the old order's resistance to President Donald Trump's expansion of his presidential powers.
NEWS ANALYSIS

Fed’s first meeting of 2026 likely to be dominated by threats to central bank’s independence

The benchmark rate is likely to stay put at between 3.5 and 3.75%