The Latest Breaking News from US Federal Reserve

Asian shares mostly rise and Tokyo hits a record, tracking fresh highs on Wall Street

Asian shares have mostly gained led by a rally in Japan after Wall Street hit more records

The Independent UK · Jan 13

DOJ criminal probe highlights risk of Fed losing independence – a central bank scholar explains what’s at stake

The Department of Justice’s decision to open a criminal investigation into Federal Reserve chair Jerome Powell has reignited concern over the independence of the central bank.

The Conversation · Jan 13

End the Fed? Or Turn It Over to Trump?

Plus: ICE shootings divide the country, the Iran uprising intensifies, and California targets billionaires with a wealth tax

Reason · Jan 13

Stocks Recover as Data Storage Companies and Chip Makers Rally

The S&P 500 Index ($SPX ) (SPY ) on Monday closed up +0.16%, the Dow Jones Industrials Index ($DOWI ) (DIA ) closed up +0.17%, and the Nasdaq 100 Index ($IUXX ) (QQQ ) closed up +0.08%. March E-mini S&P futures (ESH26 ) rose +0.16%, and March E-mini Nasdaq futures...

Barchart · Jan 12

Stocks Climb Wall of Worry to Hit New Highs: Stock Market Today

The Trump administration's threats to Fed independence and bank profitability did little to stop the bulls on Monday.

Kiplinger · Jan 12

Dollar Falls and Precious Metals Surge on Concerns Over Fed Independence

The dollar index (DXY00 ) on Monday fell by -0.27%. Threats to Fed independence hammered the dollar on Monday after Fed Chair Powell said the Justice Department's threat of criminal charges against the Federal Reserve over his June testimony on Fed headquarters renovations is the consequence of the Fed not...

Barchart · Jan 12

This Gold Stock Is Winning on the Back of a So-Called ‘Sell America’ Trade

Alamos Gold (AGI) is trading at a new all-time high on Monday, and shares are up more than 118% over the past 52 weeks. AGI is benefiting from gold (GCG26) hitting new record highs on Monday. Some experts are calling the recent price action part of a “Sell America” trade...

Barchart · Jan 12

Mike Johnson Defends Trump DOJ's Probe Into Jerome Powell As Republicans Break Rank to Condemn Charges

House Speaker Mike Johnson defended the Trump administration's controversial decision to investigate Federal Reserve chair Jerome Powell.

International Business Times · Jan 12

Why is Trump’s justice department investigating Fed chair Jerome Powell?

Powell publicly denounced the inquiry as punishment for not bowing to the president’s wishes on interest rates

The Guardian - US · Jan 12

Republican Senator Calls Out Trump For Attempted Coercion, Siding With Jerome Powell

Republican Senator Lisa Murkowski criticized the Trump administration on social media for its investigation into Federal Reserve chair Jerome Powell.

International Business Times · Jan 12