Stephen Miran Resigns from White House Council Amid Fed Transition
On 3 February 2024, Federal Reserve Governor Stephen Miran stepped down from his role as chair of the White House’s Council of Economic Advisers (CEA). This resignation comes as he…
Tag: federal-reserve
Asian Markets Cautiously Await US Federal Reserve’s Next Moves Amid Mixed Economic Data
As 2024 unfolds, Asian markets are navigating a sea of mixed signals following recent US economic data. On one hand, expectations for a third consecutive interest rate cut by the…
Market Rollercoaster: Fed Rate Cuts and Tech Stocks Shine
Global markets have been on quite a ride lately, swinging between optimism and caution as central banks make pivotal moves. Following the Federal Reserve’s much-anticipated rate cut, stocks have been…
Scott Bessent Discusses US-China Tensions and Federal Reserve Scrutiny
The ongoing tensions between the United States and China are entering a new chapter, as US Treasury Secretary Scott Bessent hints at the potential inclusion of geopolitical issues in trade…
Jerome Powell Stresses Caution Amid Economic Uncertainty and Trump Administration Policies
In a recent announcement, Federal Reserve Chair Jerome Powell held interest rates steady amidst swirling uncertainties stemming from the Trump administration’s economic policies. While Fed officials expect to trim borrowing…