Federal Reserve governor faces axing over mortgage fraud claims
WASHINGTON (AFP) — United States President Donald Trump expanded pressure on the Federal Reserve on Monday by moving to fire Governor Lisa Cook “effective…
· 2 min read
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WASHINGTON (AFP) — United States President Donald Trump expanded pressure on the Federal Reserve on Monday by moving to fire Governor Lisa Cook “effective…
· 2 min read

US Federal Reserve Chairperson Jerome Powell opened the door to lowering interest rates, with the Dow closing at a fresh record for the first time since…
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Bowman also made the case that price increases from President Donald Trump's sweeping tariffs this year will likely represent "a one-time effect."
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The US labor market is not doing as well as headlines suggest, a top Federal Reserve official said Friday, a day after making the case for an interest rate cut…
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‘With you I am a Christian, for you a bishop. So may we all walk together towards that homeland that God has prepared for us.’
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China has significantly escalated its effort to block Philippine access to Bajo de Masinloc (Scarborough Shoal) over the past year, according to the security…
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The Fed has to be very focused on maintaining inflation so that it doesn’t start moving back up in a more persistent way
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The Department of Education (DepEd) on Sunday stressed the critical need to develop learners’ literacy skills starting in kindergarten to address the high…
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A chapel in Rizal facilitating illegal recruitment of Filipinos has been shut down by authorities on Monday.
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US President Donald Trump said Tuesday he had no plans to fire the Federal Reserve chief, in apparently conciliatory remarks after berating him and triggering…
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Donald Trump's simmering discontent with the US Federal Reserve boiled over this week, with the president threatening to take the unprecedented step of ousting…
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Wall Street traders were back in sell-off mode Wednesday while the dollar fell further as downcast comments from Federal Reserve Chair Jerome Powell added to…
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Any intervention by the Federal Reserve would depend on ‘what conditions we were seeing’
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Wall Street went into free fall, following similar collapses in Asia and Europe. The Dow Jones dropped 5.5 percent and the S&P 5.97 percent.
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Briefing.com analyst Patrick O’Hare said investors were reassured by a midday appearance from Fed Chair Jerome Powell, who said the US central bank is in no…
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The Bureau of the Treasury (BTr) made a full award of Treasury bills (T-bills) worth P22 billion during its auction on Monday which saw higher interest rates…
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‘I think they will do nothing, and I think they should do nothing’
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This brings to 100 points of cumulative cuts since September, but the Fed is indicating a much slower, more gradual series of rate cuts in the future.
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