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Uncertainty creeps into Fed's rate decision as Warsh keeps his cards hidden

Uncertainty creeps into Fed's rate decision as Warsh keeps his cards hidden

By Ann Saphir and Michael S.

Will tough talk be enough? Fed Chair Warsh faces pressure to combat inflation

Will tough talk be enough? Fed Chair Warsh faces pressure to combat inflation

The Federal Reserve is expected to keep its key interest rate unchanged when it meets Wednesday, but chair Kevin Warsh is under increasing pressure to hike rates soon, a move that could provoke ire from President Donald Trump, who appointed him

Americans' confidence in US economy falls as Iran conflict sends gas prices higher

Americans' confidence in US economy falls as Iran conflict sends gas prices higher

Americans’ confidence in the economy fell this month as gas prices resumed their climb after the U.S. and Iran stepped up their fighting

President Trump Highlights Economic Turnaround in Michigan Speech Amid Criticism

President Trump Highlights Economic Turnaround in Michigan Speech Amid Criticism

In a recent speech in Michigan, President Trump emphasized an economic turnaround, attributing improvements to his tariff policies, which he claims have benefited the auto industry. Despite these assertions, a recent poll indicates that nearly two-thirds of Americans disapprove of his economic management. The speech comes ahead of the midterm elections, with Trump defending his economic policies amidst rising gas prices due to the ongoing conflict with Iran. The President's remarks are part of a broader effort to bolster support in key battleground states as the elections approach.

Record high strongly disapprove of Donald Trump in new poll

Record high strongly disapprove of Donald Trump in new poll

In a new CNN/SSRS poll, President Donald Trump gets a 34% approval rating. The portion of Americans who strongly disapprove is at a career high.

Dollar firms to one-month high as markets mull Fed hike odds

Dollar firms to one-month high as markets mull Fed hike odds

By Medha Singh and Satoshi Sugiyama July 28 (Reuters) - The U.S. dollar steadied near a four-week high on Tuesday as traders weighed the prospect of a Federal Reserve interest-rate hike this week, even as falling oil prices eased some inflation concerns.

Federal Reserve policymakers vote 9-3 to leave key rate unchanged despite high prices -- for now

Federal Reserve policymakers vote 9-3 to leave key rate unchanged despite high prices -- for now

The Federal Reserve left its key interest rate unchanged Wednesday despite persistently high inflation and a spike in energy prices caused by the Iran war

Fed leaves interest rate unchanged but with 3 dissents as Warsh praises 'good family fight'

Fed leaves interest rate unchanged but with 3 dissents as Warsh praises 'good family fight'

The Federal Reserve left its key interest rate unchanged Wednesday despite persistently high inflation and a spike in energy prices caused by the Iran war

Trump economy at 18 months is a tale of shocks, resilience, and signs of stalled progress

Trump economy at 18 months is a tale of shocks, resilience, and signs of stalled progress

By Howard Schneider and Saqib Iqbal Ahmed WASHINGTON, July 27 (Reuters) - The first 18 months of President Donald Trump's second term in the White House have seen a series of policy-driven economic shocks, highlighted by the immigration crackdown and higher tariffs that he promised during his 2024

Rising inflation turns July Fed meeting into rate-hike showdown

Rising inflation turns July Fed meeting into rate-hike showdown

The Federal Reserve’s July 28-29 policymaking meeting on interest rates was, frankly, expected to be a snooze fest just a few weeks ago. Now, it's going to be a humdinger. Economists, traders, and other Fed watchers were forecasting that the Federal Open Market Committee would vote to hold ...

Oil prices sink 4% while Asian shares gain as Chinese chipmaker CXMT soars in Shanghai trading debut

Oil prices sink 4% while Asian shares gain as Chinese chipmaker CXMT soars in Shanghai trading debut

Shares are mostly higher in Asia as oil prices slipped more than 4% after the U.S. and Iran paused their attacks for a second night

Stocks mixed, oil and Treasury yields drop on Iran-US pause

Stocks mixed, oil and Treasury yields drop on Iran-US pause

By Karen Brettell July 27 (Reuters) - Stocks were mixed on Monday while oil prices tumbled and Treasury yields dropped after the U.S. and Iran paused strikes over the weekend, halting two weeks of attacks.