President Trump accelerates search for Powell’s Fed chair replacement, eyeing Bessent, Bowman, and others amid controversial ‘shadow chair’ plan and rate-cut demands.
1 min read02:05 AM ISTPranay Aggarwal, Director and CEO of Stoxkart said the approaching expiry of the 90-day pause on Trump-era tariffs could reignite trade tensions, especially between major economies like the US and China.
3 min read7 Jul 2025The US Federal Reserve is unlikely to resume its easing cycle before September 2025, according to a report by Bank of Baroda.
1 min read2 Jul 2025The Indian rupee reached a fortnightly high at 85.7050 per U.S. dollar, influenced by a weaker dollar amid concerns over the Federal Reserve's independence. The dollar index fell to its lowest since March 2022, reflecting a 10% decline this year.
1 min read26 Jun 2025Dnonald Trump had also labeled the Fed chief “an obvious Trump Hater,” claiming Jerome Powell’s refusal to cut interest rates is costing the US government hundreds of billions of dollars in interest payments.
2 min read26 Jun 2025Your computer may soon take out a loan, approved by a bank’s computer. Millions of such transactions can determine the money supply.
3 min read26 Jun 2025Kevin Warsh, Kevin Hassett and Scott Bessent are among those under consideration as Trump evaluates their commitment to cutting rates—and ‘made-for-TV’ appeal.
8 min read26 Jun 2025The Fed chair is set to testify Tuesday before the House Financial Services Committee. The hearings follow an emerging rift within the Fed on rate cuts and sharp criticism from Trump.
3 min read24 Jun 2025Monetary policy divergence, where different central banks adopt difference approaches, is expected to persist, influenced by domestic economic drivers, weather fluctuations, and the weakening US dollar, which offers some emerging markets more room for easing.
3 min read23 Jun 2025As the federal debt passes $37 trillion, the government’s interest expense is soaring. The President’s tax and spending bill will add to the debt.
4 min read22 Jun 2025