US Federal Reserve

Fed minutes show several officials nod to rate-hike scenario

Trump has repeatedly said that he wants the next Fed chief to deliver lower interest rates

Kansas City Fed president Jeffrey Schmid says the central bank needs to keep rates at restrictive levels to continue putting downward pressure on inflation.

Traders reduce odds of Fed rate cut in June after January jobs surprise

Economists warn the upbeat numbers can be revised lower, and that hiring is dominated by a handful of sectors

The US dollar is unique among global currencies in that its value is driven not just by supply and demand, but also by its structural power.

Will ‘Sell America’ end the dollar’s hegemony?

State and market-led pressure to de-dollarise could become mutually reinforcing, accelerating the erosion of the greenback dominance

Research puts the burden of paying most of the tariffs on Americans, with the Yale Budget Lab saying in a report from late last month that the annual median cost of the taxes stands at around US$1,400 per household.

Fed’s Miran says data suggests Americans aren’t shouldering tariff hit

Miran’s view contradicted data showing that Americans are bearing the burden of paying for tariffs

The Fed vastly expanded its balance sheet during the global financial crisis and the Covid-19 pandemic to push down long-term interest rates.

US Treasury’s Bessent says Fed will take its time on balance sheet moves

[WASHINGTON] US Treasury Secretary Scott Bessent said on Sunday he would not expect the Federal Reserve to move quickly to shrink its balance sheet, even under Fed chief nominee Kevin Warsh, who has c...

Gold prices nosedived earlier this week.

Gold’s plunge, a new Fed chair and Asia in flux

Gold’s crash, AI threats, Asia’s pivotal week, and Fed intrigue—Howie Lim and Raisah Rasid unpack volatility, geopolitics, and smart-money moves.

Stephen Miran had been on leave from his White House post since President Donald Trump appointed him last year to fill a vacancy on the Fed’s Board of Governors.

Federal Reserve’s Miran resigns from White House job

[WASHINGTON] Federal Reserve Governor Stephen Miran resigned on Tuesday from his position as chair of the White House’s Council of Economic Advisers, a White House spokesman said.

Business loan demand from large and medium-sized firms in the fourth quarter was the strongest it has been since the second quarter of 2022, the Fed’s survey found.

US banks expect stronger loan demand in 2026: Fed survey

Banks were more likely to lend to firms that were highly exposed to AI