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Supreme Court says Fed’s Cook can keep her job for now, but upholds other Trump firings

June 30, 2026 12:27 am

The justices allowed Fed governor Lisa Cook to stay in her job while she fights the Republican president’s effort to fire her over allegations of mortgage fraud, which she has denied.

Task for new Fed chair: Protecting autonomy

May 01, 2026 5:57 am

The leadership change at the Fed -- the full Senate vote will be held in May -- will be closely watched. Inflation in the US has edged upwards -- consumer prices rose 3.3 per cent in March amid the war in Iran

US Fed chief nominee Warsh clears key confirmation hurdle in Senate

April 29, 2026 8:17 pm

The Senate Banking Committee voted along party lines to advance Warsh's ⁠nomination to the full Republican-controlled Senate.

Michael Patra, Michael Patra interview, Reserve Bank of India, US federal reserve, RBI should access US Fed facility, stabilise rupee, Indian express business, business news, current affairs

RBI should access US Fed facility to stabilise rupee: ex-DG Patra

April 01, 2026 11:38 am

Under the Foreign and International Monetary Authorities (FIMA) Repo Facility, central banks such as the RBI can place their holdings of US Treasuries with the Fed for one or seven days and get dollars in return.

Amid uncertainty, the US Fed holds the fort. Don't breach it

January 13, 2026 12:58 am

The challenge the world over is to ensure that monetary policy does not become subservient to the executive and subject to the whims and fancies of political leaders. Independence of central banks is a much-valued asset

5 things to know about Fed's building renovations at the center of Trump's fight with Powell

January 12, 2026 7:48 pm

Fed Chair Powell, in a video, said that the US Justice Department served the central bank with subpoenas and cautioned that the department could issue a criminal indictment.

The American puzzle will take years to resolve; official data for late 2025 will likely read very differently a few years hence.

US GDP puzzle and some clues for India

December 30, 2025 1:55 pm

India has long grappled with GDP expansion that fails to generate commensurate employment. The US experience suggests this is not merely a developing-country affliction

US economy expands at a surprisingly strong 4.3% annual rate in the third quarter

December 23, 2025 8:21 pm

Economists say that persistent and potentially worsening inflation could make a January interest rate cut from the Fed less likely, even as central bank official remain concerned about a slowing labor market.