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Top fxempire.com News
Federal Reserve · United StatesPresident Donald Trump on Friday named Kevin Warsh to succeed Jerome Powell as Federal Reserve chair, ending a five-month odyssey that has seen unprecedented turmoil around the central bank.See the Story
Trump nominates Kevin Warsh for Federal Reserve chair to succeed Jerome Powell
46% Center coverage: 380 sources
Kevin Warsh · United StatesStocks closed lower on Wall Street while gold and silver prices plunged as investors tried to gauge what President Donald Trump’s new nominee to lead the Federal Reserve will mean for interest rates going forward. The S&P 500 dropped 0.4% Friday. The Dow Jones Industrial Average fell 0.4%, and the Nasdaq composite sank 0.9%. The value of the U.S. dollar rallied but only after swiveling a couple times. Gold’s price dropped 11%, and silver sank mo…See the Story
US stocks fall while a break in gold fever sends metals prices screeching lower
43% Center coverage: 46 sources
