The figure for June marks the fastest rate of inflation, which measures how quickly prices are rising, since January 2024.

Also in today’s newsletter, US set to ban Chinese tech in submarine cables, and Nvidia chief vows to ‘accelerate recovery’ of ...

Trump says he considered firing Fed Chair Powell, sending stocks on a sharp ride before markets closed higher amid interest rate hopes.

WASHINGTON-President Trump denied that he was planning an attempt to fire Federal Reserve Chair Jerome Powell after polling Republican lawmakers during a closed-door meeting about whether he should ...

Once again, President Donald Trump demonstrated his power to shake up global financial markets. This time, by returning to ...

Rising fuel and food costs behind surprise rise - Latest on UK figures data plus stock markets updates, business and money ...

A dramatic day on Wednesday ended with Wall Street in the green and the dollar and short-dated Treasury yields lower, ...

The reaction in major asset classes may convince the administration that firing Powell will not prove to be a panacea for the ...

However, it never looked like markets fully priced in Powell’s exit yesterday afternoon. Pricing for a September Fed cut didn ...

The bond market remains on edge after multiple outlets reported that President Trump was seriously considering firing Federal Reserve Chair Jerome Powell — only for the president to downplay the ...