Fed Chair Kevin Warsh faces credibility test in first Jackson Hole speech
Fed Chair Kevin Warsh delivers his first Jackson Hole speech on August 28, with 30-year Treasury yields above 5.2% and…
World News
Global economic and financial news — Federal Reserve decisions, geopolitical events, trade policy and macroeconomic data that move financial markets worldwide.
CIA Director’s Unannounced Moscow Trip Comes Amid Deepening US Pressure on Iran
CIA Director John Ratcliffe made an unannounced trip to Moscow on August 25, the first publicly known visit by a…
US inflation holds at 3.7% in July, keeping Fed rate-hike debate alive
Annual U.S. inflation held at 3.7% in July, unchanged from June and still well above the Federal Reserve's 2% target….
Trump’s paths to reshape the Fed narrow as Cook fights removal and Warsh stays vague on rates
President Trump's push to reshape the Federal Reserve's policy team has stalled in the courts, but he may still get…
Iran’s Rial Hits Record Low as New US Sanctions Target Its Bitcoin Mining Lifeline
Iran's rial slid to a record 2.02 million per dollar on Aug. 24, the same week Washington named digital assets…
