Fed’s Musalem confirms he favored a rate hike, says dollar’s reserve status faces no threat
St. Louis Fed President Alberto Musalem confirmed he favored raising interest rates at last week's FOMC meeting, where officials instead…
World News
Global economic and financial news — Federal Reserve decisions, geopolitical events, trade policy and macroeconomic data that move financial markets worldwide.
Trump imposes 15% tariff and price floors on polysilicon imports
The White House imposed a 15% tariff and a series of minimum import prices on polysilicon products on Thursday, shielding…
Federal Reserve balance sheet holds at $6.749 trillion as Warsh task force reviews reserve framework
The Federal Reserve's total assets held at $6.749 trillion as of August 5, a narrow range that has persisted since…
Iran-Oman Hormuz talks cut odds of a US-brokered deal to 42.5%
Iran and Oman are negotiating a new arrangement for the Strait of Hormuz, with Gulf states signaling support for a…
Houthi Strikes Kill Dozens of Saudi-Backed Troops in Yemen
Houthi forces struck Saudi-backed coalition troops in Yemen with drones and missiles, killing dozens of government soldiers, according to a…
