Kevin Warsh Set to Lead Fed Amid Push for Sweeping Reforms
Kevin Warsh is expected to take over as the next chair of the U.S. Federal Reserve this month, returning to the central bank 15 years after resigning in protest against its large-scale bond-buying program....
U.S. Jobless Claims Rise Slightly as Labor Market Remains Stable
The number of Americans filing new applications for unemployment benefits increased moderately last week, signaling continued stability in the U.S. labor market despite global economic concerns linked to the ongoing U.S.-Israel-Iran conflict. According to...
Bank of Canada Seen Holding Rates Steady Amid Temporary Oil Shock
The Bank of Canada is widely expected to keep its key interest rate unchanged at 2.25% when it announces its policy decision on April 29, as economists view the recent oil price spike triggered...
Bank of Canada Likely to Hold Rates Amid Oil Price Surge and Inflation Concerns
The Bank of Canada is widely expected to keep its benchmark interest rate unchanged at 2.25% in its upcoming policy announcement, despite growing concerns over inflation triggered by a sharp rise in global oil...
Federal Reserve Moves to Block Subpoenas for Chair Jerome Powell Amid Criminal Probe
The Federal Reserve is mounting a closed-door legal effort to block grand jury subpoenas issued by the U.S. Justice Department to Chair Jerome Powell, according to sources familiar with the matter. Powell disclosed in...