Finance news

Why the US-Iran deal may fail to revive shipping through the Strait of Hormuz

As US President Donald Trump moves to reopen the Strait of Hormuz through a peace deal with Iran, major shipping companies such as Maersk are likely to stop short of resuming normal operations in the near term amid lingering concerns about the waterway’s security and the durability of the agreement, according to observers. Some industry insiders said the deal’s impact on the global shipping industry would hinge on whether the United States extended sanctions relief beyond the initial agreement,.

Did Warsh and Vance just open the door to higher inflation?

The U.S. government’s official 2% annual inflation target has suddenly been thrown into doubt by Kevin Warsh and J.D. Vance.

The Fed just threw investors a curveball. Here’s how stocks, bonds, gold and the dollar reacted.

In his first press conference as Fed chair, Kevin Warsh took a surprisingly aggressive stance on interest rates and inflation.

Yen falls after Fed decision, erasing intervention gains since April

Analysis: Chairman Kevin Warsh’s task forces are the key to understanding the new Fed

The new leader of the Fed left interest rates alone but made clear how he plans to rewire the central bank.

Huawei CFO Meng’s admissions can be used against company at criminal trial, US judge rules

A top Huawei Technologies executive’s admission that the Chinese telecoms company illegally conducted business in Iran can be used in the coming US trial against Huawei, according to a judge’s ruling filed in Brooklyn federal court on Tuesday. Chief Financial ‌Officer Meng Wanzhou made the admission as part of a 2021 deal to dismiss the criminal charges she faced in the case. In a four-page statement of facts, Meng acknowledged lying to a financial institution about Huawei’s compliance with...

The market didn't like what it heard from the Fed and its new leader Kevin Warsh

The S&P 500 closed down 1.2%, as bond yields rose.

Here are the five big takeaways from Kevin Warsh's first meeting as Fed chairman

The Federal Reserve and Chairman Kevin Warsh on Wednesday followed the script on interest rates closely.

US Fed begins Warsh era with hold on interest rates, may hike later this year

The US Federal ⁠Reserve held interest rates steady on Wednesday, but policymakers expect a hike in borrowing costs later this year amid growing concerns about inflation lodged above the US central bank’s 2 per cent target. New quarterly projections showed nine Fed officials now anticipate a hike in rates by the end of 2026, and an updated policy statement removed language that had been used to flag the likelihood of further reductions in borrowing costs this year. Indeed, the statement, in an...

Jeffrey Gundlach says Fed's Warsh is not going to be the 'easy money' chairman many hoped for

Gundlach said Warsh's stance reduces the risk of overly accommodative monetary policy that could reignite inflation and push longer-term borrowing costs higher.

US Federal Reserve: Kevin Warsh delivers the first surprises

The new Fed chief starts out as a hawk: The US central bank is prioritizing the fight against inflation over cutting interest rates. At the same time, Kevin Warsh announces fundamental reforms.

2-year Treasury yield rockets higher as many Fed officials signal possible hike this year

U.S. Treasury yields rose on Wednesday after the Fed held interest rates steady during Kevin Warsh's first policy meeting as chairman.

Read the 14-point memorandum of understanding between the United States and Iran

The 14-point memorandum of understanding between the United States and Iran leaves contentious issues between the countries unresolved.

US economy: US Federal Reserve leaves key interest rate unchanged – Warsh surprised

For the fourth time this year, the US key interest rate remains unchanged. The real surprise comes from the new Fed chairman Warsh.

Wall Street: US stock markets fall into the red after the Fed's interest rate decision

Good retail sales failed to support the markets. The first interest rate decision under Fed Chairman Warsh and his outlook caused disappointment - SpaceX was in the red for the first time.

Monetary policy: US Federal Reserve Bank initiates a change of course – investors react with uncertainty

Under new leadership, the Fed is pivoting and hinting at a rate hike. Stocks, bonds and exchange rates react significantly. This is also due to Kevin Warsh's unusual approach.

Chairman Warsh abstains from giving rate forecast as several members signal a hike in 2026

The median projection called for the federal funds rate to end 2026 at 3.8%, a quarter percentage point above the current target range.

Chairman Warsh drastically alters Fed rate statement. Here's what's changed

This is a comparison of Wednesday's Federal Open Market Committee statement with the one issued after the Fed's previous policymaking meeting in April.

Warsh launches his push to change how the Fed operates

Federal Reserve Chairman Kevin Warsh made waves on Wednesday while hosting his first press conference as head of the U.S. central bank.

Which banks will pass on the interest rate increase (2.25% from today)?

At Trade Republic it is 2.25% instead of 2.0% as of today. Have you noticed any other banks that have also increased their interest rates due to the ECB's interest rate increase - even if only slightly? submitted by /u/Conscious_Year_6703 [link] [comments]

Warsh ignores Trump: US Federal Reserve leaves key interest rate unchanged

The Fed is leaving the US key interest rate at 3.5 to 3.75 percent. This is likely to particularly annoy US President Trump, who had hoped for something different with the entry of his candidate Kevin Warsh.

Fed holds interest rates steady: Here's what that means for credit cards, savings rates, mortgages and car loans

Here’s a look at how the Fed's June interest rate decision may affect your finances.

Fed holds rates steady, pares down statement to remove cutting bias

The Federal Reserve on Wednesday released its interest rate decision.

Monetary policy: The US Federal Reserve leaves the key interest rate range at 3.5 to 3.75 percent

The new Fed chief Kevin Warsh will lead an interest rate decision for the first time after being nominated by US President Donald Trump. The 56-year-old is under pressure from two sides.

Federal Reserve Board and Federal Open Market Committee release economic projections from the June 16-17 FOMC meeting

Federal Reserve Board and Federal Open Market Committee release economic projections from the June 16-17 FOMC meeting

Federal Reserve issues FOMC statement

Federal Reserve issues FOMC statement

Markets: Car stocks slow Dax ahead of US interest rate decision

Before the US Federal Reserve's first interest rate decision under new leadership, investors held back on the stock markets.

High Yield OAS as a stock market bull/bear indicator

Has anyone used High Yield Option adjusted spread as a bull/bear indicator? Its the spread of non-investment grade bonds over treasuries. The idea is the tighter the spread gets, the weaker the credit standards are. The data is available St. Louis Federal Reserve site. https://fred.stlouisfed.org/series/BAMLH0A0HYM2 submitted by /u/a-duey-pyle [link] [comments]

Shipping Industry Remains Wary Despite U.S.-Iran Agreement

Shipping firms remain reluctant to navigate the Strait of Hormuz sea passage despite this week’s peace deal, according to a boss of the industry’s lobby group who warned that trade volumes will not return to full capacity until next year. Peter Aylott, director of policy at the UK Chamber of Shipping, told City AM that firms would need to see a “fairly robust string of evidence” that tankers stuck in the Persian Gulf could leave free from before they would have the confidence to sail through the

Wall Street: Trump puts a damper on the oil relaxation rally

As oil prices rise again, Fed Chairman Kevin Warsh's first decision is coming: Will there be an interest rate hike?