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The Latest Breaking News from the Federal Reserve

Scott Bessent calls Mamdani 'leader of the Democratic Party,' touts weekly Warsh breakfasts and a new push to put every American in the stock market

"Do you want to keep more of your money?" The Treasury Secretary asked on CNBC. "it's not the fringe Democratic left anymore."

Fortune

Gold futures sink to three-month low as dollar rally batters bullion

India's gold prices hit a three-month low on Wednesday, dropping to Rs 1.44 lakh per 10 grams, as global markets react to a bolstered US dollar and expectations for elevated interest rates. Analysts attribute this slump to signals from the Federal Reserve and a notable downturn in technology stocks. Investors…

The Economic Times

Brent crude falls below $74 for first time since start of the Iran war

Brent crude dropped below $74 a barrel on Wednesday for the first time since the start of the Iran war in late February, as investors continued to price out the geopolitical risk premium that had driven energy markets higher during the conflict.

Euronews

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Why Are Nvidia, AMD, and Micron Stocks Falling? AI Valuation Fears and Fed Jitters Explained

Nvidia, AMD, and Micron led a tech sector sell-off as investors reacted to Federal Reserve signals on inflation, raising concerns about prolonged high interest rates and AI stock valuations.

International Business Times UK

The man who invented the Fed’s magic trick just died. His successor is about to try it again

Alan Greenspan's closest colleagues see his fingerprints in the AI bet: “Hopefully, it won't end the same way.”

Fortune

How Alan Greenspan’s stint as President Ford’s top economic adviser cemented his passion for public service and prepared him to lead the Fed

Alan Greenspan, who died on June 22, 2026, at the age of 100, is best remembered for his 18 years at the helm of the Federal Reserve. What many people don’t know is that an earlier and more obscure stint during the administration of President Gerald Ford shaped him as…

The Conversation

US bond yields back to 'normal'; AI needs a reality check, says Ed Yardeni

Veteran strategist Ed Yardeni views the recent rise in Treasury yields and the AI stock correction as healthy market adjustments, not crisis signals. He believes bond yields are returning to normal levels and AI stock valuations are undergoing a realistic reassessment. Despite a hawkish Fed stance, Yardeni anticipates only one…

The Economic Times

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Sony plans its first dollar-bond sale in nearly three decades

Sony is making a significant return to the US investment-grade bond market after nearly three decades, with plans for a multi-billion dollar offering. This move comes as companies rush to secure funding amidst expectations of potential interest rate hikes by the Federal Reserve. The tech giant's decision also reflects a…

The Economic Times

Remembering Alan Greenspan

Alan Greenspan, who served as the chairman of the Federal Reserve from 1987–2006, died Monday at the age of 100. As the longtime head of the Fed, Greenspan appeared numerous times in front of Congress. Here are some of the photos from Roll Call’s archive of Greenspan’s appearances on the…

Roll Call

Economist and former Fed chairman Alan Greenspan dies aged 100

His wife Andrea Mitchell, a correspondent at NBC News, said he died at home following complications related to Parkinson’s disease.

Evening Standard

Warsh's gamble: A quieter Federal Reserve could mean volatile markets, higher rates

The Federal Reserve has for decades moved steadily from a remote, opaque government agency that shared little about what it did or why to a more transparent institution willing to explain how it makes decisions and what it thinks about the economy

The Independent UK

How Did Alan Greenspan Die? Real Cause of Death Revealed as His Most Famous Regret Resurfaces After His Death

Alan Greenspan, influential economist and former Federal Reserve chairman, has died at 100. His career was marked by significant influence on monetary policy and controversy following the 2007–08 financial crisis.

International Business Times UK

'Giant of a man' US Fed ex-chair Greenspan dies at 100

Former Fed chair Alan Greenspan has been described as a "giant of a man" who "was always honest in acknowledging his mistakes".

AAP

Former US Federal Reserve chairman Alan Greenspan dies at 100

Alan Greenspan – the longtime US Federal Reserve chief who served under four presidents – has died at 100, his wife said in a statement on Monday. Greenspan presided over an unprecedented period of American economic expansion but was later faulted for failing to rein in markets ahead of the…

France 24

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The Guardian - US

Alan Greenspan, longtime head of the US federal reserve, dies aged 100

Greenspan served under the presidencies of Ronald Reagan, George HW Bush, Bill Clinton and George W Bush

The Economic Times

Alan Greenspan, longtime Fed chair who shaped US economic policy for nearly two decades, dies at 100

Former Federal Reserve Chairman Alan Greenspan, a towering figure in American economic policy, has passed away at 100. He guided the nation's monetary policy through five presidential terms. His wife, Andrea Mitchell, confirmed his death at their home, citing complications from Parkinson's Disease. Greenspan's long tenure left an indelible mark…

The Independent UK

Warsh's gamble: A quieter Federal Reserve could mean volatile markets, higher rates

International Business Times UK

Will Mortgage Rates Go Down in 2026? New One-Month Low Suggests Relief, but Waiting May Backfire

Mortgage rates have decreased to their lowest in a month, yet prospective homebuyers face challenges as home prices rise and the Federal Reserve maintains its interest rate policy.

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Kiplinger

I Wouldn't Lock My Money Into a 5-Year CD Right Now — Here's Why

Here's how to maximize yields on your savings after the June fed meeting.

AAP

World shares are mixed and US futures fall after a tech-led rally on Wall St

Shares have opened higher in Europe but were mostly lower in Asia, with markets in Greater China closed for holidays

AAP

Asian shares retreat in thin holiday trading after a tech-led rally on Wall St

Shares have retreated in Asia after U.S. stocks recouped most of their losses from a day earlier

The Economic Times

Gold prices dip below Rs 1.50 lakh/10g; silver cracks Rs 20K/kg in 2 days amid strong dollar, inflation worries. Should you sell?

Gold and silver prices tumbled on MCX on Friday, pressured by a stronger U.S. dollar and the Federal Reserve’s hawkish stance. Silver futures fell 2.3% to ₹2.32 lakh/kg, while gold futures dropped ₹2,269 to ₹1.49 lakh per 10 grams. The decline extended a sharp selloff from the previous session, taking…

Bangkok Post

Fed split clouds rate forecasts

The Federal Reserve's latest moves have reinforced expectations that borrowing costs may remain stable throughout the second half of 2026, though a sharp divide among policymakers highlights the ongoing uncertainty surrounding inflation and the future path of monetary policy, pundits say.

Barchart

The Quiet Revolution at the Fed: The U.S. Banking Sector Received a Catalyst More Potent than Rate Cuts

The Federal Reserve's pivot to soften Basel III capital requirements marks a fundamental shift, loosening the regulatory noose that has constrained U.S. banks since 2008.

Evening Standard

FTSE down as Bank of England keeps interest rates steady

The FTSE 100 closed down 108.91 points, or 1.0%, at 10,399.70.

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