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Federal Reserve News Updates
President Trump unexpectedly fires the Governor of the US Federal Reserve
President Donald Trump has announced the dismissal of Federal Reserve Governor Lisa Cook over allegations of mortgage fraud.
International
Jerome Powell - President Donald Trump's Headache
After much criticism, calling the Chairman of the US Federal Reserve (FED) Jerome Powell the “biggest loser” and even hinting at the possibility of being removed; in the latest move, US President Donald Trump suddenly reversed his decision and declared that he “has no intention of firing Mr. Powell”. Mr. Trump’s change of attitude came after stocks and the US dollar plunged earlier this week - in the context of the US leader continuously “attacking” Mr. Powell.
President Trump says he has no plans to fire Fed Chairman Jerome Powell
US President Donald Trump's recent criticism of Jerome H. Powell - Chairman of the US Federal Reserve (Fed) - for being "delayed" in lowering interest rates has raised questions about Mr. Powell's fate.
World gold price is forecast to decrease next week
Risks from the Fed meeting and the possibility of investors taking profits could drag gold prices down next week.
Gold prices soar to 9-month peak
Gold prices today, January 25, on the world market increased again to around the 9-month peak in the context of the USD still weakening and investors betting on the possibility of the Fed reversing monetary policy.
In the first week of the new year 2023, the State Bank withdrew a net of more than 97,267 billion VND
The State Bank continued to strongly withdraw money from the banking system in the first week of the new year 2023 amid concerns about the USD/VND exchange rate increasing due to signals from the US and despite overnight interest rates rising rapidly again.
Gold price in 2023 to reach 2,000 USD/ounce?
Kitco News analysts give their 2023 gold market forecast. Gold prices could reach $2,000/ounce.
USD could continue to strengthen in 2023
DNUM_BGZBCZCACC 15:06
Recession fears could push the dollar higher in 2023, after it has gained about 10% this year against a basket of major currencies.
Focus all solutions to stabilize the stock market
DNUM_AJZBAZCACC 08:19
The Vietnamese stock market is in a period of being affected by many unfavorable factors from global macroeconomic and stock market factors.
Gold price today September 8 continues to decrease, opportunity to buy?
DNUM_AIZAJZCACA 09:37
Gold prices fell sharply today, September 8, but many forecasts say that the long-term outlook for gold remains positive. Some analysts say that any decline should be seen as a buying opportunity.
Gold price today January 9: Conquering new peak
DNUM_AJZABZCABI 10:16
Gold prices today, January 9, are still hovering around a 3.5-month high despite profit-taking pressure and a recovering US dollar. Demand for gold during the traditional Lunar New Year in Asia is supporting and could push gold prices to new highs.
US President appoints Mr. Jerome Powell as Fed Chairman
DNUM_ADZBBZCABH 06:27
On November 2, US President Donald Trump selected Mr. Jerome Powell, a member of the Board of Governors of the US Federal Reserve Bank (Fed), to serve as Fed Chairman to replace Ms. Janet Yellen after her term ends in February 2018.
International events of the past week
DNUM_BIZBCZCABG 11:18
(Baonghean.vn) - New United Nations Secretary-General sworn in;
Gold prices skyrocket after the Fed does not raise interest rates
DNUM_CCZAJZCABG 10:12
Gold prices on September 22 skyrocketed after the US Federal Reserve (FED) decided to keep interest rates unchanged.
The US Federal Reserve should have Facebook too
DNUM_BJZAIZCABG 07:21
(Baonghean.vn)- The US Federal Reserve (FED) has just announced its Facebook page on Thursday - August 18. This is part of an effort to reach out more directly to the public.
Gold price increased at the end of the week
DNUM_BGZAEZCABG 18:26
After three consecutive days of decline, yesterday's price increased by 6.5 USD to 1,234 USD an ounce, in the context of USD and other markets...
Fed rate hike impacts business community
DNUM_BIZBCZCABF 07:59
After the US Federal Reserve (Fed) adjusted to increase USD interest rates, it affected the foreign exchange market and businesses.
The US Federal Reserve raised interest rates for the first time in nearly a decade.
DNUM_BHZBCZCABF 07:17
After many delays, on December 16 (early morning of December 17, Vietnam time), the US Federal Reserve Bank (Fed) officially announced its decision to raise the base interest rate for the first time in nearly a decade.
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