As Trump allies including Elon Musk endorse ending the Federal Reserve’s independence, the central bank’s chair is reportedly ...
THE PESO slumped against the dollar on Monday as markets await clarity on the policy direction of US President-elect Donald J. Trump. The local unit closed at P58.595 per dollar on Monday, weakening ...
Bitcoin rallies to new highs on election-fueled optimism, investors await the October consumer price index, and more news to start your day.
Of course, the Fed is data-dependent and won’t be swayed in the short term by future policies. Jerome Powell was appointed to Fed chair by Trump during his first presidential term but the two often ...
Jerome Powell was prepared to go to court when the president floated his dismissal six years ago. If it happens again, the ...
Much attention has been paid to Fed chair Jerome Powell’s remark that he wouldn’t resign even if Trump wants him to. But if a ...
The dollar traded not far from last week's four-month peak versus major peers as traders prepared for a key reading of US consumer inflation this week, as well as a parade of Federal Reserve speakers, ...
The Federal Reserve lowered interest rates on Thursday by a quarter of a percentage point, its second consecutive rate cut this year, as inflation continues to cool. The economy continues to grow at a ...
Powell is indicating he wouldn’t go down without a fight if Trump tries to remove him. How a battle could shake out.
RATES of the Treasury bills (T-bills) and Treasury bonds (T-bonds) on offer this week could end mixed amid expectations of further rate cuts by the Bangko Sentral ng Pilipinas (BSP) following ...