Monetary Policy

Republican Sen. Tom Tillis posted on the X platform on Sunday, announcing that after the U.S. Department of Justice (DOJ) concluded its criminal investigation into Federal Reserve Chair Jerome Powell’s involvement in the Federal Reserve headquarters renovation project, he will no longer block the procedure for confirming Kevin Warsh’s nomination as Federal Reserve chair, and said he is “looking forward” to supporting Warsh’s appointment.

Gate News message, April 27 — U.S. Treasury yields climbed during Asian trading hours on April 27, with the 2-year yield rising 2.3 basis points to 3.798% and the 10-year yield gaining 1.4 basis points to 4.323%, according to Tradeweb data. Persistent Middle East tensions kept oil prices elevated, w

The Chair of the Federal Reserve (Fed), Jerome Powell, will host his final press conference for the Federal Open Market Committee (FOMC) on April 29 (Wednesday) to conclude his eight-year tenure as chair. After President Trump’s nominee, Kevin Warsh, takes over, he will face a policy environment of a 6.7 trillion dollar Fed balance sheet and a rebound in inflation.

Bitcoin rose above $79,000 during the Asian trading session on April 27. At the same time, the spot gold price fell to a low of $4,672.11 per ounce, with an intraday decline of more than $38. The backdrop is that U.S. President Trump canceled the itinerary of his special envoy to Islamabad, Pakistan, and the U.S.-Iran peace negotiations have hit a stalemate. Federal Reserve Chair Powell is scheduled to preside over his final news conference of his tenure at the Federal Open Market Committee (FOMC) on April 29.

Gate News message, April 26 — The U.S. Department of Justice has dropped its criminal investigation into Federal Reserve Chair Jerome Powell, clearing the way for the Senate to confirm Kevin Warsh as the next Fed chair. U.S. Attorney for the District of Columbia Jeanine Pirro announced the

Gate News message, April 26 — According to CME FedWatch, the probability of the Federal Reserve holding rates steady in April stands at 100%. Looking ahead to June, the odds of a cumulative 25-basis-point rate cut are just 4.7%, while the probability of maintaining rates unchanged is 95.3%. The dat

Gate News message, April 26 — The U.S. Department of Justice has dropped its criminal investigation into Federal Reserve Chair Jerome Powell, clearing the way for the Senate to confirm Kevin Warsh as the incoming central bank chair. U.S. Attorney for the District of Columbia Jeanine Pirro

Gate News message, April 26 — Next week brings a super central bank week and earnings season, with the Federal Reserve, Bank of Japan, Bank of England, European Central Bank, and Bank of Canada all set to announce interest rate decisions. The Federal Reserve will release its rate decision at 2 a.m.

Gate News message, April 26 — The U.S. Department of Justice has closed its criminal investigation into Federal Reserve Chair Jerome Powell, removing a key obstacle to Senate confirmation of incoming Fed chair Kevin Warsh. U.S. Attorney for the District of Columbia Jeanine Pirro announced the

Gate News message, April 26 — The U.S. Department of Justice has dropped its criminal investigation into Federal Reserve Chair Jerome Powell on Friday (April 25), clearing the way for the Senate to confirm incoming central bank chair Kevin Warsh. U.S. Attorney for the District of Columbia Jeanine

Gate News message, April 26 — The week ahead marks a "super central bank week" with the U.S. Federal Reserve set to announce its interest rate decision. Markets have tracked Middle East developments closely, with U.S. stock indices reaching all-time highs despite ongoing geopolitical risks. Key

Gate News message, April 25 — The U.S. Department of Justice has closed its criminal investigation into Federal Reserve Chair Jerome Powell, removing a key obstacle to the Senate's confirmation of Kevin Warsh as the incoming Fed chair. U.S. Attorney for the District of Columbia Jeanine Pirro

Gate News message, April 25 — The U.S. Department of Justice has dropped its criminal investigation into Federal Reserve Chair Jerome Powell, clearing the way for the Senate to confirm Kevin Warsh as the incoming Federal Reserve chair. On Friday, April 24, U.S. Attorney for the District of

Gate News message, April 25 — The U.S. Department of Justice has dropped its criminal investigation into Federal Reserve Chair Jerome Powell, removing a key obstacle to Senate confirmation of Kevin Warsh as the incoming Fed chair. On Friday (April 24), U.S. Attorney for the District of Columbia

The U.S. Department of Justice has dropped its criminal investigation into Federal Reserve Chair Jerome Powell, clearing the way for the Senate to confirm incoming central bank chair Kevin Warsh. U.S. Attorney for the District of Columbia Jeanine Pirro announced on Friday that she would be closing t

Gate News message, April 24 — The U.S. Department of Justice has closed its criminal investigation into Federal Reserve Chair Jerome Powell, removing a major obstacle to Senate confirmation of incoming Fed chair Kevin Warsh. U.S. Attorney for the District of Columbia Jeanine Pirro announced the deci

Gate News message, April 24 — The U.S. Department of Justice has closed its criminal investigation into Federal Reserve Chair Jerome Powell, removing a key obstacle to Senate confirmation of incoming Fed chair Kevin Warsh. U.S. Attorney for the District of Columbia Jeanine Pirro announced the closur

Gate News message, April 24 — A survey indicates the European Central Bank will likely maintain interest rates in April but raise them by 25 basis points in June, driven by inflation concerns stemming from geopolitical tensions. Looking ahead, market participants widely expect the ECB to begin

Fed Chair nominee Warsh’s OGE Form 278e asset disclosure form, submitted before his 4/21 Senate Banking Committee hearing, shows that his reported total assets range from $135 million to $226 million—making him the richest-known Fed chair nominee in U.S. history. On the same day, Forbes noted that his spouse, Jane Lauder, is an heir to the Estée Lauder Group with an estimated personal net worth of $1.9–$2.5 billion, which was not included in Warsh’s current filing. Reported assets: main components In his filing, Warsh disclosed nearly 70 holdings, covering VC

Gate News message, April 24 — Crypto markets weakened on Friday as Bitcoin hovered near $77,800 and Ethereum fell to $2,300 with a 24-hour decline of 0.8%. The uptrend that began Wednesday from $65,000 has visibly slowed, with Ethereum underperforming Bitcoin. Market pressure stems from Japan's Mar