Federal Reserve

After Monday’s broad-based sell-off — triggered by renewed pressure from President Donald Trump on Federal Reserve Chairman Jerome Powell, raising concerns over the integrity of central bank independence — Wall Street bounced back with strength on Tuesday, buoyed by upbeat signals from the...

The International Monetary Fund has sharply downgraded its 2025 growth forecast for the United States, citing President Donald Trump's sweeping tariffs and a surge in economic uncertainty as major headwinds. In its April 2025 World Economic Outlook, the IMF now projects U.S. GDP growth at just 1.8...

As gold rips through record highs above $3,500 an ounce, another classic safe haven is quietly staging one of its strongest comebacks in over a decade: the Japanese yen. With global investors gripped by tariff fears, central bank politicization, and a deteriorating U.S. economic backdrop, Japan's...

Jim Cramer took a jibe at President Donald Trump in premarket on Tuesday as the stock futures rose amid the President’s criticism of Federal Reserve Chairman Jerome Powell for not cutting interest rates. What Happened: Cramer, in an X post, highlighted that investors “would actually buy...

U.S. stock futures rebounded on Tuesday following Monday’s selloff. Futures of major benchmark indices were higher in premarket. President Donald Trump attacked Federal Reserve Chairman Jerome Powell on Monday via a Truth Social post. He called him “Mr. Too Late,” and urged the...

Chicago Federal Reserve President Austan Goolsbee has underlined the need to wait for policy action on tariffs before jumping to any “action,” while agreeing with Treasury Secretary Scott Bessent‘s comments on the central bank’s independence being like a “jewel box...

Fundstart’s Tom Lee has urged Treasury Secretary Scott Bessent and Commerce Secretary Howard Lutnick to expedite trade deals for a positive “policy shock” to the stock markets. What Happened: Lee reshared an X post by Charles Gasparino and said, “White House needs to put...

Two prominent Fed voiced issued strong public defenses of the central bank’s independence on Monday, calling out President Donald Trump‘s attacks on Chair Jerome Powell as politically dangerous and economically destabilizing. Speaking Monday on CNBC, Richard Fisher, former president of...

Stocks in the U.S. were trading sharply lower by midday Monday, while gold and Bitcoin (CRYPTO: BTC) surged in tandem, as a renewed political storm surrounding Federal Reserve independence shook confidence in the U.S. dollar and triggered a broad-based risk-off mood on U.S. assets. The market...

Gold surged to fresh all-time highs on Monday, with bullion jumping 2.5% to $3,410 per ounce by 11:20 a.m. ET, as mounting distrust in U.S. financial assets and inflation fears drive a flight to safety unlike anything seen since the global debt crises of the early 2010s. Since early March, gold...

Wall Street was gripped by a rare double sell-off Monday morning as U.S. stock futures and the dollar sank in tandem amid mounting fears that President Donald Trump could move to oust Federal Reserve Chair Jerome Powell well before his term expires in May 2026. The U.S. dollar index, tracked by the...

U.S. stock futures fell on Monday, following a holiday-shortened week that ended with a mixed performance on Thursday. Major benchmark indices were trading lower in the premarket session. Chinese Ministry of Commerce warned its trading partners of retaliation in case of Beijing’s isolation by...

On Friday, White House National Economic Council chair Kevin Hassett said the Donald Trump administration is exploring ways to remove Federal Reserve Chairman Jerome Powell. What Happened: Hassett told reporters at the White House that the “President and his team will continue to study,...