President Trump nominates Kevin Warsh as Fed chair amid controversy over Powell, signaling potential interest rate cuts and central bank shake-up.
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President Trump nominates Kevin Warsh as Fed chair amid controversy over Powell, signaling potential interest rate cuts and central bank shake-up.
The U.S. economy grew 4.3% in Q3, surpassing expectations, fueled by consumer spending and exports, despite slower hiring and persistent inflation.
The Federal Reserve is preparing to announce interest rate changes, balancing rising inflation with a slowdown in hiring, potentially cutting rates again.
American stock indexes reached record highs following a rally in shares amid trade policy changes and anticipation of new economic data.
The US dollar strengthened after inflation data exceeded forecasts, increasing the likelihood of tighter Federal Reserve monetary policy.
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