Category Breaking News

The Fed defies Trump to keep interest rates steady

The US Federal Reserve has defied pressure from President Donald Trump, keeping interest rates steady. The policy announcement was partly overshadowed by ongoing tensions with the administration. Fed President Jerome Powell – who faces a criminal investigation he describes as…

US Fed rates, gold, Nikkei 225, HSI

Aerial view of Singapore skyline. Tong Thi Viet Phuong | Torque | Getty Images Gold prices rose to a new record on Thursday after the US Federal Reserve kept its benchmark interest rate steady in its target range of 3.5%…