Fed

Fed

Federal Reserve Chairman Kevin Warsh arrives to hold a press conference following a two-day meeting of the Federal Open Market Committee (FOMC) at the Federal Reserve in Washington, D.C., U.S. September 16, 2026. REUTERS/Evan Vucci

What do higher rates mean for borrowers and savers?

WalletHub, an online financial marketplace, estimates that the current rate hike will cost consumers roughly $2 billion in additional interest over the ​next 12 months.

US President Donald Trump looks at the new Federal Reserve Chair Kevin Warsh as he speaks during his swearing-in ceremony in the East Room of the White House in Washington, DC, US, 22 May 2026. Photo: REUTERS

Trump says if the Fed doesn't cut rates, he'll stop trading with some nations

US President Donald Trump looks on as Jerome Powell, his nominee to become chairman of the U.S. Federal Reserve, speaks at the White House in Washington, U.S., November 2, 2017. Photo: REUTERS

Trump amps up feud with Fed over rates, accuses Powell of 'playing politics'

Federal Reserve Chair Jerome Powell. Photo: Reuters

Powell tells '60 Minutes' Fed is wary of cutting rates too soon

A man wearing a face mask walks past an electronic foreign currency exchange rates in downtown Seoul, South Korea, Wednesday, 22 March, 2023. Asian shares advanced Wednesday after a Wall Street rally led by the banks most beaten down by the industry’s crisis.(AP Photo/Lee Jin-man)

Asia shares edge higher, China disinflation a drag

A man wearing a face mask walks past an electronic foreign currency exchange rates in downtown Seoul, South Korea, Wednesday, 22 March, 2023. Asian shares advanced Wednesday after a Wall Street rally led by the banks most beaten down by the industry’s crisis.(AP Photo/Lee Jin-man)

Asian currencies down after soft China data, Fed minutes in focus

Representational Image. Gold bars and coins are stacked in the safe deposit boxes room of the Pro Aurum gold house in Munich, Germany, August 14, 2019. REUTERS/Michael Dalder/File Photo

Gold set for biggest weekly drop since Feb on hawkish Fed

Representational Photo: Collected

Gold ticks lower, traders assess Fed rate trajectory

The Fed Reserve meeting on 13-14 June would likely see policymakers taking a break from a 14-month long credit-tightening campaign. PHOTO: BLOOMBERG

Fed to pause and keep option to raise rates in July

Representational image

Stock markets climb on cooling US inflation

A man wearing a protective face mask following an outbreak of the coronavirus disease (Covid-19) walks past a screen displaying the world's markets indices outside a brokerage in Tokyo, Japan, March 17, 2020. Photo :Reuters

Asian traders tread cautiously ahead of Fed rate decision

The Fed Reserve meeting on 13-14 June would likely see policymakers taking a break from a 14-month long credit-tightening campaign. PHOTO: BLOOMBERG

Fed is first to reach crucial junction in global inflation fight

File Photo

Gold rises as yields pull back with US debt debate in focus