This president's second term is set to reshape global economic policy, with trade tariffs, tax cuts, and a stronger dollar impacting inflation and interest rates. While the Fed may hold or tighten rates,
EUR/USD rises sharply to near 1.0300 in Monday’s European session. The major currency pair gains as the safe-haven appeal of the US Dollar (USD) diminishes ahead of United States (US) President-elect Donald Trump’s inauguration. The US Dollar Index (DXY), which tracks the Greenback’s value against six major currencies, declines to near 109.00.
Price and wage trends point to the Fed hitting its target this year, but whether it gets there now depends on Trump.
The economy rebounded strongly from the COVID shock, but the U.S. continues to grapple with a cost-of-living crisis and spiraling federal debt.
London's blue-chip FTSE 100 traded near all-time highs on Monday as investors awaited Donald Trump's return to the White House for fresh insights on his stance on tariffs and international relations.
Trump advisers were weighing whether to strip Michael Barr of his leadership role at the Fed, but Barr stepped down from the job Monday.
The Federal Reserve said Friday that it is leaving an international grouping of central banks that focused on how the financial system could help combat climate change.
US President-elect Donald Trump is taking office today with his incoming administration making significant promises for the crypto industry.
As President-elect Donald Trump prepares to return to the White House, the U.S. dollar has, by some measures, never been stronger.
The new business venture by the Trump family is generating intensifying criticism and ethics questions, even as it has turned into an overnight phenomenon, generating a windfall on paper.
Gold prices firmed on Monday, supported by a weak U.S. dollar, as markets awaited Donald Trump's return to the White House and his inauguration speech later in the day for
Gold cut early losses on Monday as investors looked forward to Donald Trump's inauguration speech for clarity on the incoming administration's policies, which could offer further clues on the Federal Reserve's interest rate path.