DOJ Investigates Fed Chair Powell in Unprecedented Move
US Justice Department opens criminal probe into Federal Reserve Chair Jerome Powell, escalating a political battle over interest rates and central bank independence. Read the full analysis.
Category : Search result: Federal Reserve investigation
Powell Warns Political Pressure Threatens Fed Independence
Federal Reserve Chair Jerome Powell issues stark warning as DoJ investigation raises fears of political interference in US monetary policy. Could Trump's actions backfire?
Warren Slams Trump's Bid to Control Federal Reserve
Senator Elizabeth Warren warns Donald Trump's attempts to influence the Federal Reserve undermine US credibility. She outlines the Democratic Party's economic path forward. Read the full analysis.
Trump Fed Pressure Risks 1970s Inflation, Analysts Say
Economists warn Donald Trump's attempts to influence the Federal Reserve could trigger 1970s-style inflation and global market backlash. Read the full analysis.
Trump Calls for Federal Reserve Investigation
Former President Donald Trump demands an investigation into the Federal Reserve and Chair Jerome Powell, alleging political bias. Explore the potential impact on US economic policy.
US Criminal Probe Targets Federal Reserve Chair Jerome Powell
The US Department of Justice has opened a criminal investigation into Federal Reserve Chair Jerome Powell, sparking fears over central bank independence and sending gold prices soaring.
Senator to Block Fed Nominations Over Powell Investigation
US Senator Thom Tillis pledges to halt all Federal Reserve appointments after a Justice Department investigation into Chair Jerome Powell, escalating a clash over central bank independence. Read the full story.
Powell: DOJ Threatens Criminal Indictment Over Fed Testimony
Federal Reserve Chair Jerome Powell alleges the Department of Justice threatened him with a criminal indictment over Congressional testimony. Read the full story on the escalating pressure on the US central bank.
Trump Weighs Military Options Amid Iran Crackdown
US President Donald Trump considers military action against Iran as protests continue. Hundreds reported killed. Plus, Fed investigation and Golden Globes results.
Trump Threatens Criminal Charges Against Fed Chair
Financial markets tumble as the Trump administration threatens to indict Federal Reserve Chair Jerome Powell, reigniting a fierce battle over US central bank independence. Read the full story.
Dollar falls on Powell investigation news
The US dollar index drops 0.2%, lifting sterling to $1.3440. Analysts warn political pressure on the Fed could further weaken the greenback. Read the full analysis.
Powell: Trump Admin Threatens Criminal Charges Against Fed
Federal Reserve Chair Jerome Powell alleges the Justice Department is threatening him criminally for defying Trump's rate cut demands. Explore the escalating political attack on central bank independence.
Judge blocks White House freeze on childcare subsidies
A US federal judge has temporarily blocked the Trump administration from freezing billions in childcare and family support funds for five Democratic-led states. The ruling prevents 'operational chaos' for low-income families.
Minnesota Leaders Alarmed by FBI's ICE Shooting Investigation
State officials in Minnesota raise serious concerns over the FBI's exclusive investigation into the fatal shooting of Renee Nicole Good by an ICE agent, fearing a lack of objectivity and transparency.
Minneapolis Mayor: Feds 'Hiding Facts' in ICE Killing
Minneapolis Mayor Jacob Frey demands state involvement in FBI probe after ICE agent kills US citizen Renee Nicole Good. He condemns Trump administration's 'garbage' narrative.
US Labour Market Holds Firm with 50,000 December Jobs
US hiring remained steady in December with 50,000 new jobs, as economists describe a 'no hire, no fire' phase. The Fed weighs data for its next interest rate decision. Read the full analysis.
Two shot by US federal agents in Portland, Oregon
Two people were hospitalised after being shot by US federal agents in Portland, police confirm. Mayor demands ICE operations stop pending investigation.
FBI Assumes Control of ICE Shooting Investigation in Minneapolis
The FBI has taken full control of the investigation into the fatal shooting of Renee Nicole Macklin Good by an ICE officer, as protests erupt and federal agents are deployed.
Australian Inflation Slows, Easing Rate Hike Fears
Australian inflation fell to 3.4% in November, below forecasts. Financial markets now see a two-thirds chance the RBA will hold rates in February. Read the full analysis.
$10bn US Childcare Funds Frozen in Five States
The Trump administration halts over $10bn in federal childcare and family assistance, citing fraud concerns. Democrats condemn the move as 'vindictive'. Read the latest.
Australia Braces for Worst Heatwave Since Black Summer
Southern and eastern Australia face an extreme heatwave, while economists await key inflation data. A snorkeller's remains are found on a WA beach. Follow our live blog for updates.
Bradford Named a 2026 'Wonder of the World'
Bradford Pennines Gateway, a new national nature reserve in West Yorkshire, has been named one of Condé Nast Traveler's Seven Wonders of the World for 2026. Discover the stunning scenery and how to visit.
2026 Economic Outlook: AI Bubble and Fed Fears
Analysts forecast global stock gains in 2026 but warn of top risks: an AI tech bubble bursting, Fed turmoil under Trump, and a private credit crisis. Explore the full economic outlook.
Federal Reserve holds interest rates steady at 5.25%
The US Federal Reserve maintains its key interest rate at 5.25%, resisting political pressure. Explore the implications for inflation and the global economy.
Fed Minutes Show Deep Divide on Interest Rate Cuts
Minutes from the Federal Reserve's December meeting reveal a rare debate over interest rates, with officials deeply divided. Only one further cut is now expected next year. Read the full analysis.
Trump renews attack on Fed's Jerome Powell, threatens lawsuit
Donald Trump launched a fresh tirade against Federal Reserve chair Jerome Powell, calling him a 'fool' and suggesting a lawsuit for 'gross incompetence' over Fed building costs.
Silver Hits Record High Above $80 Before Retreating
Precious metals surge to new peaks as 2025 rally continues. Oil prices rise on Middle East tensions. Get the latest on global markets and the Trump-Zelenskyy meeting.
US GDP grows 4.3% while consumer sentiment falls
The US economy posted strong 4.3% annualised growth in Q3, far exceeding forecasts. However, consumer confidence fell for a fifth consecutive month, creating a complex picture for the Federal Reserve.
US GDP grows 4.3% in Q3 2025, complicating Fed's path
The US economy expanded at a robust 4.3% annualised rate in Q3 2025, far exceeding expectations. The strong data complicates the Federal Reserve's interest rate decisions amid mixed inflation and jobs signals. Read the full analysis.
Gold surges to new high amid Venezuela tensions
Gold prices soar past $4,400 an ounce as Trump escalates threats against Venezuela and Fed rate cuts loom. Discover the drivers behind the record-breaking rally.
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