Federal Reserve Chairman Jerome Powell's firm indication that US interest rates will remain high for longer has triggered a sharp sell-off across Asian financial markets, with Tokyo's Nikkei leading the declines.
Federal Reserve Chair Jerome Powell delivers unprecedented testimony, defending the central bank's autonomy amid mounting political pressure from the Trump White House over interest rate policy.
A US federal judge has upheld the Trump administration's decision to withdraw funding from UCLA, siding with the government in a pivotal case centred on allegations of antisemitism and free speech violations on campus.
Former President Donald Trump's controversial nominee Stephen Miran faces congressional questioning over claims he attempted to influence Federal Reserve policy on interest rates during his tenure.
Former President Trump's unprecedented attacks on the Federal Reserve's independence threaten to destabilise global markets and undermine a cornerstone of US economic policy.
Senior Liberal MPs express alarm over an aggressive pre-election anti-immigration campaign, warning it risks damaging social cohesion and party reputation ahead of the federal election.
Former President Trump initiates a Supreme Court battle to block the renomination of Federal Reserve Governor Lisa Cook, setting up a major constitutional confrontation over presidential powers and central bank independence.
Federal Reserve Chairman Jerome Powell signals a prolonged period of high interest rates, sending tremors through Wall Street as he demands more evidence of cooling inflation, despite a softening job market.
Exclusive: Federal Reserve officials reveal plans to slow balance sheet reduction in strategic move to stabilise markets and address persistent inflation concerns.
Federal Reserve Chair Jerome Powell delivers a hawkish message, indicating that interest rate cuts are unlikely to begin in March, contrary to investor expectations. The central bank seeks more confidence that inflation is truly defeated.
Federal Reserve Chair Jerome Powell delivers sobering testimony, indicating prolonged high interest rates as inflation proves more persistent than anticipated, sending ripples through global markets.
A US appeals court has dismissed Lisa Cook's lawsuit against Donald Trump, ruling the former president had absolute immunity when he fired her from the Federal Reserve Board in 2025. The landmark decision raises serious questions about presidential power
Former President Donald Trump pledges a dramatic federal intervention to tackle violent crime in Washington DC, vowing to override local leadership and send in 'surge' forces if re-elected.
Ex-President Donald Trump proposes exempting tipped wages from federal income tax, a move that could put thousands of dollars back into the pockets of waiters and bartenders but faces significant legislative hurdles.
A US Immigration and Customs Enforcement agent is in critical condition after a targeted shooting in Chicago's West Side. Federal authorities are investigating the brazen daylight attack.
Senior Federal Reserve governors have publicly challenged Donald Trump's economic agenda, warning his proposed policies could severely destabilise the US financial system and lead to dangerous political interference in central banking.
Federal Reserve Governor Lisa Cook is hit with a lawsuit by Donald Trump, alleging constitutional violations over her continued tenure. This explosive legal move threatens a major clash between US political and financial institutions.
The Chicago suburb of Evanston was the scene of a significant federal law enforcement operation on Monday, with agents from multiple agencies executing a search warrant at a residential property. The nature of the investigation remains undisclosed as auth
Florida's Attorney General Ashley Moody launches a bold legal challenge against the Biden administration's federal contractor vaccine mandate, citing constitutional overreach and potential economic damage.
Dozens of immigrants in Boston released from ICE custody after a federal judge blocks a controversial Trump-era policy, signalling a major shift in US immigration enforcement.
Donald Trump launches a blistering attack on Federal Reserve Chair Jerome Powell, accusing him of political bias and hinting at drastic action if re-elected. The former president also took aim at JD Vance and Hyundai in a wide-ranging economic tirade.
A US federal appeals court has reinstated Donald Trump's contentious ban on transgender individuals serving in the military, overturning a previous block by a lower court. The ruling has ignited a fierce debate over civil rights and military policy.
The Trump administration has moved to sever federal funding to Harvard University, citing concerns over free speech, foreign influence, and institutional bias. This decision sends shockwaves through the academic world and raises questions about the politi
A federal judge halts Trump's attempt to use a 1798 law to summarily deport migrants, in a major legal blow to his administration's immigration agenda.
Bank of England Governor Andrew Bailey expresses grave concerns about Donald Trump's potential influence on the US Federal Reserve's independence, warning of significant global economic implications.
Exclusive: Former President Trump's alleged plan to deploy federal troops for Chicago immigration raids draws fierce condemnation from Mayor Johnson and raises serious legal and constitutional concerns.
The Trump administration has directed federal agencies to dismantle and archive US government climate change websites, erasing vital public data on global warming, emissions, and clean energy in a sweeping online purge.
Former President Donald Trump's radical economic proposals, including universal tariffs and mass deportations, are raising alarm among economists and business leaders who warn of severe inflationary pressure and market instability.
Exclusive: The Trump administration is advancing a sweeping plan to strip job protections from thousands of federal employees, potentially reshaping the US government's structure and igniting a fierce political battle over the future of the American civil
As Donald Trump threatens to undermine Federal Reserve independence, The Guardian examines why accountability, not just autonomy, is crucial for economic stability. A deep dive into the looming constitutional crisis.