Trump’s National Economic Council Director Kevin Hassett on Friday said the president was studying the question of whether he’s able to sack Powell. Read more
The moves to purge federal regulatory agencies would leave consumers and markets vulnerable to fraud and corruption, Sen. Elizabeth Warren says. Read more
The International Monetary Fund (IMF) is set to lower its outlook for economic growth in new projections released on Tuesday. Read more
Instead of the Bank of Japan’s actions strengthening the yen as once hoped, recent steps have only caused further weakening. Read more
Interest-rate cuts will be a feature, including at institutions that resisted easing in 2024. But mind the nuances. Read more
It was the Fed’s first rate cut in more than four years. Read more
The widely anticipated pivot is likely to bolster emerging market assets in Asia and extend their lead over global favorites such as Japan and chip stocks. Read more
Some short-term funds locked in profits ahead of the monetary policy decisions this week, while others are looking to increase their long-yen positions. Read more
The currency has declined rapidly against peers as anticipated interest rate cuts threaten to end the greenback’s yearslong period of strength. Read more
Federal Reserve Chair Jerome Powell repeated that the U.S. central bank isn’t in any rush to cut interest rates as policymakers await more evidence that inflation is contained. Read more
