Trends - Jerome Powell - Business Recorder

Markets

Yen strengthens after Japanese election

NEW YORK: The yen strengthened on Monday after Japanese Prime Minister Sanae Takaichi’s election victory, reversing...

Published 10 Feb, 2026 05:50am

Markets

Dollar edges down vs euro

NEW YORK: The US dollar edged down against the euro on Wednesday as a delay in releasing key jobs data due to a...

Published 05 Feb, 2026 02:51am

Markets

CBOT soybean futures down on ample global supply, firmer dollar

BEIJING: Chicago Board of Trade soybean futures fell on Monday, pressured by ample global supplies and the dollar’s...

Published 03 Feb, 2026 06:05am

Markets

Dollar firms on safe-haven flow

NEW YORK/LONDON: The dollar strengthened broadly against major pairs on Monday as a selloff in precious metals...

Published 03 Feb, 2026 06:05am

Print

Rising oil prices constitute an important factor to consider

The announcement regarding the replacement of Federal Reserve Chairman Jerome Powell has now been made public....

Updated 02 Feb, 2026 06:49am

Markets

Oil hovers near six-month high as investors track US-Iran tensions

HOUSTON: Oil prices dipped a few cents per barrel on Friday, consolidating recent gains and holding near six-month...

Published 01 Feb, 2026 03:07am

Markets

Copper, other base metals fall on profit-taking

LONDON: Copper prices fell on Friday, pressured by a stronger dollar and profit-taking as some investors locked in...

Published 01 Feb, 2026 03:07am

Markets

Dollar gains as Warsh named next Fed Chair

NEW YORK: The US dollar gained on Friday after former Federal Reserve Governor Kevin Warsh was selected to be the...

Published 31 Jan, 2026 04:59am

Markets

US stocks slide after Trump taps Warsh to succeed Powell at Fed

NEW YORK: US stocks fell on Friday after President Donald Trump nominated former Fed Governor Kevin Warsh to succeed...

Published 31 Jan, 2026 04:59am

Markets

European shares cap strong January with earnings-fuelled gains

FRANKFURT: Europe’s main share index ended higher on Friday, marking its longest monthly winning streak since 2021...

Published 31 Jan, 2026 04:59am

Markets

HK stocks extend gains to end at 4-1/2-year high

SHANGHAI: Hong Kong stocks closed at a 4-1/2-year high on Wednesday, tracking gains on Wall Street, and gold’s...

Published 29 Jan, 2026 05:59am

World

Fed holds rates steady, sees 'elevated' inflation and stabilizing job market

Economic activity has been expanding at a solid pace,” Fed policymakers said

Updated 29 Jan, 2026 06:37am

Markets

Wall Street Week Ahead: Fed, big earnings week loom for markets as global tensions muddy outlook

NEW YORK: Investors who have been consumed by geopolitical turmoil to start the year may switch focus in the coming...

Published 26 Jan, 2026 06:04am

Print

Fed set to keep rates steady

WASHINGTON: The US Federal Reserve is widely expected to keep interest rates unchanged when it meets in the coming...

Published 26 Jan, 2026 05:38am

Business & Finance

Powell to attend US Supreme Court hearing on Fed governor

Wednesday's case involves Trump's push last summer to fire Fed Governor Lisa Cook over claims of mortgage fraud

Published 20 Jan, 2026 10:01pm

Print

A year into his return, Trump wields executive power with few restraints

WASHINGTON: President Donald Trump on Tuesday will mark his first year back in the White House after a shock-and-awe...

Updated 20 Jan, 2026 09:02am

Markets

Chip stocks lift S&P 500 in volatile trade

NEW YORK: The S&P 500 edged higher in choppy trading ahead of the long weekend on Friday, helped by gains in...

Published 17 Jan, 2026 05:51am

Markets

Gold eases as US jobs data lifts dollar

NEW YORK: Gold prices declined on Wednesday as weaker-than-expected US weekly jobless claims data boosted the...

Published 16 Jan, 2026 05:52am

World

Trump questions Reza Pahlavi’s ability to garner support in Iran

Trump's comments went further in questioning Pahlavi's ability to lead Iran after saying last week that he had no plans to meet with him

Published 15 Jan, 2026 07:54am

Markets

Gold, silver extend record-breaking rallies as uncertainty persists

NEW YORK: Gold surged to a record high on Wednesday, with silver rising in its wake, as geopolitical and economic...

Published 15 Jan, 2026 06:06am

Markets

Yen rebounds against dollar

NEW YORK: The Japanese yen rebounded from an 18-month low against the dollar on Wednesday as Japanese officials...

Published 15 Jan, 2026 06:06am

Markets

Dollar pares gains, yen tumbles

NEW YORK: The dollar pared earlier gains on Tuesday after December consumer inflation largely matched economists’...

Published 14 Jan, 2026 05:56am

Markets

Gold hits record, silver sets new high

NEW YORK: Gold hit a record high on Tuesday, as US inflation data cemented bets on Federal Reserve rate cuts this...

Published 14 Jan, 2026 05:56am

Print

Central bank chiefs voice ‘full solidarity’ with US Fed, Powell

LONDON: The heads of major central banks have thrown their support behind the US Federal Reserve and its chairman...

Published 14 Jan, 2026 05:56am

Markets

European shares end choppy session at record high

FRANKFURT: European shares ended Monday’s session at a record high, although gains were small as the US government’s...

Published 13 Jan, 2026 05:36am

Markets

South Korea, Taiwan stocks rally on AI optimism

BENGALURU: Emerging Asian equities rose on Monday, driven by AI-led gains in South Korea, Taiwan and Singapore, with...

Published 13 Jan, 2026 05:36am

Markets

Dollar drops as US Justice Department subpoenas Fed’s Powell

NEW YORK: The dollar fell on Monday after the US Department of Justice threatened to indict Federal Reserve Chair...

Published 13 Jan, 2026 05:36am

Markets

PSX tumbles over 2,000 points amid selling pressure

Benchmark index settled at 182,384.14

Updated 12 Jan, 2026 05:07pm

Markets

Dollar pares gains against peers

NEW YORK: The dollar began the first full trading week of 2026 by hitting a near-four-week high on Monday against a...

Published 06 Jan, 2026 05:46am

Markets

Dollar climbs after biggest annual drop in eight years

LONDON: The US dollar kicked off 2026 on a stronger note on Friday after struggling against most currencies last...

Published 03 Jan, 2026 03:15am