"jerome-powell"

The appointment, which requires Senate confirmation, amounts to a return trip for Warsh, 55, who was a member of the Fed's board from 2006 to 2011

Gold futures on the MCX surged Rs 791 to Rs 1,21,313 per 10 grams on Thursday, supported by firm global cues and a weaker dollar. Silver followed suit, gaining Rs 1,251 per kg as global prices rose above USD 4,000 per ounce

Asian shares rose Monday, tracking Wall Street’s rally after Fed Chair Jerome Powell hinted at possible rate cuts amid labor market risks. Gains were led by Hong Kong, Shanghai, and Taiwan, with chipmakers boosting sentiment ahead of Nvidia’s earnings report

The rupee slipped 11 paise to 87.36 against the US dollar amid rising dollar demand. Positive FII inflows and lower crude prices limited losses as traders awaited US Fed Chair Jerome Powell’s remarks at the Jackson Hole Symposium.

The Fed indicated in minutes from its July meeting that it would make future decisions based on hiring, inflation and other data.

One of the significant banks for the crypto industry, Signature Bank had $88.59 billion in deposits as of December 31, 2022 and the New York Department of Financial Services has taken possession of the bank

The central bank pledged to continue its asset purchase program at least at the current pace of $120 billion per month until the economic recovery makes "substantial further progress".