Tag: Federal Reserve
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Job losses due to AI: US Fed gov Cook has important observation; says unemployment could rise in short-term
Federal Reserve governor Lisa Cook on Tuesday (local time) cautioned that artificial intelligence is beginning to reshape the US labour market in...
Gold outlook for the week: Yellow metal could once more be near record highs — what analysts have to say
Gold prices are expected to stay strong and may come close to historic highs in the coming week as market participants monitor...
US mortgage rates edge up again: 30-year rate climbs to 6.24% in a week from 6.22%; housing affordability remains a key concern
The 30-year US mortgage rate rose slightly for the second consecutive week but stayed close to its lowest level of the year.Freddie...
‘I’d love him to lower interest rates’: Donald Trump grills Powell to cut rates; spars over Fed renovation costs in rare headquarter visit
US President Donald Trump took aim at Federal Reserve Chair Jerome Powell during a rare visit to the central bank’s headquarters on...
Federal Reserve System controversy: Jerome Powell denies extravagant spending; refutes claims
Russ Vought (Image: X) and Jerome Powell (AP image) Federal Reserve Chair Jerome Powell sent a letter on Thursday to White House Budget...
