US Fed

Fed Governor Stephen Miran, currently the central bank's biggest advocate of rate cuts, will vacate his spot on the board to make room for Warsh

The question now is whether Powell's continued presence at the Fed will further inflame tensions between the administra- tion and the central bank

Three days of decisions in Washington, Ottawa, London, Frankfurt and Tokyo are widely anticipated to result in unchanged borrowing costs across the club of rich nations

From leadership shifts at the US Federal Reserve and Apple to rupee management, GST rate cuts and climate discourse, today's Opinion page captures key economic and policy debates

Warsh was responding to a question from Senator John Kennedy of Louisiana about whether he would be a "sock puppet" for the president. "Absolutely not," Warsh responded

Fed signals 'higher for longer' rates. Analysts decode how investors can navigate equities, bonds, and gold amid inflation risks and market volatility due to Iran war

"I have no intention of leaving the board until the investigation is well and truly over, with transparency and finality," Powell said

The Trump administration has intensified its fight against the current Fed chair, issuing subpoenas hinting at a possible criminal probe into the central bank's renovation of Washington headquarters

Trump has sharply criticized Jerome Powell, whose term as Fed chair ends in May, for not lowering interest rates fast enough

The search is now a four-man race, some of the people said, among Rieder, National Economic Council Director Kevin Hassett, Fed Governor Christopher Waller and former governor Kevin Warsh

Powell has been threatened with a probe over congressional testimony he gave last summer about the renovation of the Fed's headquarters

The probe elicited objections from lawmakers and comments from President Donald Trump that suggest he's trying to distance himself from the matter

The dollar, Treasuries and US equities futures all slid in early Asia trading after Chair Jerome Powell said the threat of a US criminal indictment was a consequence of a disagreement

Spot gold climbed 2 per cent to hit a new record high at $4,426.66 per ounce as of 1313 GMT. US gold futures for February delivery rose 1.5 per cent to $4,451.60 per ounce

Trump has said he will soon announce his choice for Fed chair, but that he might wait until early 2026 to publicly reveal the name

Sensex Today | Stock Market LIVE Updates, December 9, 2025: In the broader markets, the Nifty MidCap index was up 0.32 per cent, and the Nifty SmallCap index was up 1.14 per cent

The US Fed's interest rate decision will be the major factor dictating trends in the domestic equity market this week, with global movements and foreign investor activity also influencing sentiment, according to analysts. Stock markets ended the last week on a subdued note, with benchmark indices Sensex and Nifty closing flat. "This week, markets will closely track India's CPI print on December 12...Globally, the spotlight will be on the US Federal Reserve's interest rate decision, which could drive risk sentiment across emerging markets already navigating currency pressures," Ajit Mishra- SVP, Research, Religare Broking Ltd, said. The movement of the rupee, which breached 90 to a dollar last week, will also be tracked by investors. Investors' attention now shifts firmly to the upcoming US Federal Open Market Committee (FOMC) meeting scheduled for December 910, 2025, Pravesh Gour, Senior Technical Analyst at Swastika Investmart Ltd, said. "Alongside the FOMC decision, key US econo

The Nikkei 225 rose 0.8 per cent, while MSCI's broadest index of Asia-Pacific shares outside Japan was trading down 0.1 per cent, weighed down by declines in Korea and New Zealand

Spot gold was up 1% at $4,172.18 per ounce at 1208 GMT, its highest since November 14. U.S. gold futures for December delivery were up 0.7% at $4,168.70 per ounce

The president has publicly mused about the decision, praising candidates on the list, but has been coy about suggesting whether he's leaning toward any particular candidate