Trump’s pick for US Fed governor vows to uphold independence
WASHINGTON: Donald Trump’s pick to join the Federal Reserve’s board of governors pledged Thursday to uphold US central bank independence ...
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‘Critical’ to stay independent of politics: Fed official
WASHINGTON: A top Federal Reserve official said Wednesday the US central bank has stayed independent of political interference and insisted ...
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US Fed Governor Lisa Cook sues Trump over move to fire her
WASHINGTON: US Federal Reserve Governor Lisa Cook filed a lawsuit Thursday to challenge Donald Trump’s move to fire her from ...
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Trump takes his Fed fight to unprecedented level with effort to fire Cook
NEW YORK/WASHINGTON: U.S. President Donald Trump has taken his feud with the Federal Reserve to an unprecedented extreme with his ...
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Profit-taking erases intra-day gains, KSE-100 Index sheds nearly 400 points – Markets
A volatile session was observed at the Pakistan Stock Exchange (PSX), with the benchmark KSE-100 Index losing nearly 400 points ...
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Trump says he’s removing Fed governor Lisa Cook over allegations of mortgage fraud
President Donald Trump said he was removing Fed Governor Lisa Cook.Kevin Dietsch/Getty ImagesTrump said on Truth Social on Monday that ...
Read moreBuying returns to bourse, KSE-100 gains over 300 points in early trade
Positive sentiments returned to the Pakistan Stock Exchange (PSX), with the benchmark KSE-100 Index gaining over 300 points during the ...
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Trump calls for Fed governor to resign, widening pressure on central bank
WASHINGTON: US President Donald Trump called Wednesday for Federal Reserve Governor Lisa Cook to step down, expanding pressure on the ...
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Fed’s Daly says 50 basis point rate cut next month doesn’t seem warranted, WSJ reports
San Francisco Federal Reserve President Mary Daly has pushed back against the need for an interest rate cut of 50 ...
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Waller is favorite for Fed chair among Trump team, Bloomberg News reports
Federal Reserve Governor Christopher Waller is emerging as a top candidate to serve as the central bank’s chair among President ...
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