Fed

Trump administration opens criminal probe into Fed Chair Jerome Powell

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Trump administration opens criminal probe into Fed Chair Jerome Powell

BREAKINGBREAKING, Central bank chair condemns ‘intimidation’ following grand jury subpoenas. Published On 12 Jan 202612 Jan 2026 Click here to share on social media share2 Share United States President Donald Trump’s administration has opened a criminal investigation into Federal Reserve Chair Jerome Powell, in a development set to heighten concerns about the independence of US … Read more

US Fed keeps interest rates at 23-year high amid stubborn inflation

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US Fed keeps interest rates at 23-year high amid stubborn inflation

US central bank keeps benchmark rate at 5.25-5.50% after series of economic reports undercut hopes of easing inflation. The US Federal Reserve has held interest rates at a 23-year high amid stubborn cost-of-living increases. The central bank on Wednesday kept the benchmark lending rate at 5.25-5.50 percent after a series of economic reports indicated that … Read more

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