US central bank
Coverage of US central bank in the Nexus archive.
- Fed dissenters warn of challenges in taming inflation
Three rate-setters dissented from the US central bank's decision to maintain interest rates this week. The dissenters highlighted challenges in controlling inflation.
- Warsh’s stripped-back Fed communication ‘already backfiring’, say investors
Investors warn that the Federal Reserve's reduced communication on interest rates is causing its influence in the Treasury market to erode. Traders suggest the lack of guidance is backfiring.
- FTSE 100 flat after Fed holds interest rates and Iran attacks; Rolls-Royce expects higher profits – business live
The FTSE 100 remained flat as global stock markets declined following the US central bank's decision to maintain interest rates. Rolls-Royce anticipates higher profits, while BAE Systems reported a 9% year-on-year sales increase to £15.8bn and upgraded its profit forecasts due to sustained global defense budget growth.
- 'WarshGPT': How Wall Street is adapting to the Fed's new era of communication
Investment firms are preparing for an era of reduced public commentary from the U.S. central bank, with some relying on AI to gain an edge.
- Supreme Court punts on future Fed firings
The Supreme Court allowed President Donald Trump to attempt firing Federal Reserve officials but blocked his removal of Fed Governor Lisa Cook, citing due process violations. The Court did not define the grounds for future Fed firings, leaving the issue unresolved. Trump has vowed to try again, and experts suggest the ruling does not fully protect Federal Reserve independence.
- Warsh launches his push to change how the Fed operates
Federal Reserve Chairman Kevin Warsh made waves at his first press conference as head of the U.S. central bank by launching a push to change how the Fed operates.
- Ex-US Fed Chair Powell warns against politicisation amid Trump’s attacks
Jerome Powell warns against politicisation of the US central bank amid attacks from Trump. He states the institution is undergoing a 'stress test' similar to others in the current era.