Business
US Federal Reserve must be ‘completely non-political’: Powell
The US Federal Reserve must be “completely non-political”, its chair Jerome Powell said on Tuesday, after President Donald Trump…
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Reserve
Business
US Federal Reserve releases plan to relax key bank capital rule
The US Federal Reserve unveiled plans to roll back an important capital rule that big banks have said limits their ability to hold more…
Business
US Federal Reserve split on whether to hedge on inflation, or proceed with cuts
The close split at the US Federal Reserve over whether to keep hedging against inflation risks or move forward faster with rate cuts came…
Business
India's central bank to use cash reserve ratio as active liquidity tool
India’s central bank plans to use the cash reserve ratio (CRR) more frequently to manage liquidity and aid policy transmission, rather…
Business
India focuses on growth with larger-than-expected 50 bps cut in key rate; slashes reserve ratio
The Reserve Bank of India (RBI) cut its key repo rate by a larger-than-expected 50 basis points on Friday, a third consecutive reduction,…
Business
US firms plan to pass Trump tariff costs to consumers: Federal Reserve minutes
US firms have warned the Federal Reserve that the cost of President Donald Trump’s tariffs will likely be borne by consumers, according to…
Unsorted
Mixing the Political and the Personal: Trump’s Swap Scheme and Crypto Reserve
The conflicts of interest can’t be ignored. Source link
News
Ten dead in ‘brutal’ attacks by Isis-linked militants on Mozambique wildlife reserve
One of Africa’s largest protected areas has been shaken by a series of attacks by Islamic State-linked extremists, which have left at…
Business
Trump Blasts Federal Reserve Chairman Jerome Powell and Calls for Him to be Fired after Demanding Interest Rate Cuts to Boost Economy
Donald Trump intensified his longstanding conflict with Federal Reserve Chairman Jerome Powell as the President attacked him for not going…
Unsorted
What to know about Trump's plans for a 'Strategic Bitcoin Reserve'
President Trump on Thursday signed an executive order to establish a “Strategic Bitcoin Reserve” and a stockpile of U.S. digital assets.…
Business
Trump’s crypto company launches strategic ‘token reserve’
WORLD Liberty Financial (WLF), the new crypto platform in which US President Donald Trump holds a financial stake, announced that it was…
Business
US Federal Reserve releases its Wall Street bank stress-test plans
THE US Federal Reserve released hypothetical scenarios for its annual stress tests, which seek to evaluate the resilience of big banks and…
Business
India central bank holds rates steady; cuts banks’ cash reserve ratio
THE Reserve Bank of India (RBI) kept its key interest rate unchanged on Friday (Dec 6) but cut the cash reserve ratio (CRR) that banks are…