Tag: Federal Reserve
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Fed Chair Powell Says Trump Don’t Have Power to Sack Him
Federal Reserve Chairman Jerome Powell firmly rejected speculation Thursday about potential White House interference in his leadership, declaring he would not step down if...
Is the US Economy Heading for a Recession?
Over the past few days, global stock markets have been experiencing significant declines. Trading screens across the US, Asia, and Europe are filled with...
Dollar Weakens After Fed Meeting, Yen Hits Four-Month High
The US dollar weakened on Wednesday after the Federal Reserve held interest rates steady but signaled a potential rate cut as early as September....
South African Rand Dips Following Federal Reserve Chair Powell’s Ambiguous Comments on Interest Rates
The South African rand saw a marginal decrease on Tuesday following Federal Reserve Chair Jerome Powell's testimony in Washington, which failed to provide a...
Nvidia’s Stock Surges, Beats Microsoft to Crown It Wall Street’s Most Valuable Company
Nvidia's staggering stock run carried it to the market's mountaintop on Tuesday, as it became the most valuable company on Wall Street. The chipmaker's...
