By Anjana Anil and Kavya Balaraman Feb 2 (Reuters) – Despite a historic pullback in gold and silver prices, triggered by the sharpest two-session sell-off in decades, analysts see the metal’s bull run continuing and expect it to notch fresh record highs later this year. Spot gold prices plunged nearly 10% on January 30, its…
(Bloomberg) — Emerging market assets are falling for a second straight session on Friday, paring their monthly gains, as metals plunge and the dollar surges to its best day since July after President Donald Trump announced his pick for the top job at the Federal Reserve. Trump nominated Kevin Warsh, who’s seen as less supportive…
United States President Donald Trump, on Friday, 30 January 2026, nominated his longtime ally and former Federal Reserve governor, Kevin Warsh, to succeed Chairman Jerome Powell as the next Chairman of the US central bank amid the federal administration’s plea to cut the interest rates of the economy. “I am pleased to announce that I…
US stock indices edged lower on Friday after President Donald Trump nominated former Federal Reserve Governor Kevin Warsh to head the central bank. At 09:30 am ET, the Dow Jones Industrial Average fell 146.89 points, or 0.32%, to 48,912.80, the S&P 500 lost 23.24 points, or 0.33%, to 6,945.77 and the Nasdaq Composite lost 107.88…
US President Donald Trump, on Friday, nominated longtime ally Kevin Warsh to replace Jerome Powell as US Fed chief, whose tenure at helm ends in May 2026. However, Warsh can only assume power as the new Chair after the Senate approves the POTUS’ nomination. Trump’s nomination of Kevin Warsh culminates a month-long search for Powell’s…
US President Donald Trump said he is nominating Kevin Warsh as the next Chairman of the Federal Reserve, replacing Jerome Powell, according to a statement he posted on Truth Social. “I have known Kevin for a long period of time, and have no doubt that he will go down as one of the GREAT Fed…
President Donald Trump’s long-standing tussle with Federal Reserve Chair Jerome Powell has once again burst into the spotlight, after the central bank’s leaders gave a clear signal that they would not change policies just because of political pressure. The Federal Reserve held interest rates steady at 3.5%-3.75% target range on Wednesday, even though President Donald…
United States President Donald Trump, on 29 January, told reporters that he will announce his candidate to replace outgoing Federal Reserve Chair Jerome Powell on Friday morning (today, local time), as per a Reuters report. Speaking to reporters at the Kennedy Center, where he was with his wife, Melania Trump, to watch the First Lady’s…
US President Donald Trump on Thursday (January 29) sharply criticized Federal Reserve Chair Jerome Powell for refusing to cut interest rates, accusing him of damaging the economy and undermining national security. In a lengthy post on Truth Social, Trump said the Fed’s policy stance was unjustified and costly, arguing that inflation was no longer a…
US stock market today: The benchmark indices, like the Dow Jones and the S&P 500 opened higher, while the Nasdaq Composite dropped at the US stock market open on Thursday, 29 January 2026, after the Federal Reserve held its key interest rates steady in its latest policy meeting. At 09:30 am (EDT) opening bell, the…
