Kevin Warsh faces a tough choice on September rates as persistent inflation pressures clash with market expectations and Donald Trump's push for lower borrowing costs
A familiar script plays out regularly with the government fighting rupee depreciation
Warsh used a keynote speech to hammer home a message that curbing inflation is the central bank's top priority
Economists estimate the monthly jobs report from the Bureau of Labor Statistics on Friday will show a 55,000 increase in payrolls after an unexpected dip in July employment
Markets expect the Fed will raise rates in December as inflation remains elevated, while a sharp rise in bond yields indicates that investors are also pricing in some chance of a September move
Fed Chair Kevin Warsh is under pressure to offer clearer guidance on interest rates and inflation at Jackson Hole, as investors assess sticky price pressures and the outlook for monetary policy
The White House has asked Cook to respond within three weeks to mortgage-fraud allegations that her lawyer called baseless, according to a report by ABC News on Friday
Warsh, who took over as Fed chair in May, has said he has "no tolerance" for inflation that has remained above the central bank's 2 per cent target for more than five years
Experts advise investors to avoid aggressive buying and accumulate gold and silver gradually on dips as Fed policy uncertainty keeps precious metal prices volatile
Asian chipmakers have been the centre of attention this week after a deep selloff in South Korean stocks that wiped more than $2 trillion from the country's equity market rocked markets
Keeping rates unchanged would leave the Fed's policy options open while giving officials more time to see how the economy is evolving
The Federal Reserve, Bank of England and Bank of Japan face key policy decisions as rising oil prices, inflation risks and tariffs cloud the global economic outlook
Federal Reserve Chairman Kevin Warsh said President Donald Trump has not tried to influence monetary policy and reaffirmed his commitment to the central bank's independence
Federal Reserve Governor Lisa Cook said inflation risks now outweigh labour market concerns and signalled she is prepared to act if disinflation does not resume soon
Fed Chair Kevin Warsh said AI-driven price increases may not be inflationary, arguing higher investment could boost productivity and wages over time
US consumer inflation eased more than expected in June as energy prices retreated, though markets still see a possibility of a Federal Reserve rate increase this year
Fed minutes show some officials considered a rate hike as persistent inflation, energy prices and AI-driven demand kept pressure on the US interest-rate outlook
Falling oil prices offer India short-term relief, but the RBI warns that geopolitical tensions and shifting global capital flows continue to pose financial stability risks
Fed Chair Kevin Warsh said US inflation risks have eased and reaffirmed the central bank's commitment to price stability, while ruling out forward guidance on rates
Aside from the shifts, one of the biggest takeaways from the Fed statement and Mr Warsh's first press conference as its chairman was the firm commitment to price stability and the 2% inflation target