France is deeply attached to the independence ?of central banks, ?French Finance Minister Roland ?Lescure told ?Fed ?Chair Jerome Powell and ?U.S. ?Treasury Secretary Scott Bessent, he said ?on ?Tuesday.
The chiefs of many of the world's major central banks issued a joint ?statement in support of Federal ?Reserve chair Jerome Powell on ?Tuesday after the Trump ?administration ?threatened him with a criminal indictment.
* Stocks rise even with multiple geopolitical risks. * Yen slide helps dollar steady as Fed concerns linger. * Gold rally pauses near $4,600, oil up on Iran troubles. * Earnings season kicks off with big U.S. banks. * US consumer inflation data due later. By Amanda Cooper.
* Takaichi reportedly may dissolve lower house, call snap election. * Yen slides broadly, hits record low against euro, Swiss franc. * Dollar under pressure as markets fret about Fed independence. * US CPI data could shape short term moves. By Rae Wee and Alun John.
The chiefs of many of the world's major central banks issued a joint ?statement in support of Federal Reserve ?chair Jerome Powell on ?Tuesday after the Trump administration ?threatened ?him with a criminal indictment.
Global central bank chiefs and top Wall Street bank CEOs lined up in support of Federal Reserve Chair Jerome Powell on Tuesday after the Trump administration threatened him with a criminal indictment, evidence of the relationships Powell has built during his years at the Fed and of the importance of the U.S. central bank to global financial markets.
Global central bank officials are planning to release a coordinated statement of support for U.S. Federal Reserve Chair Jerome Powell on Tuesday after the Trump administration ?threatened him with a criminal indictment, two sources said.
Global central bank officials are working on a statement to express support for Federal Reserve Chair Jerome Powell after the Trump administration opened a ?criminal investigation into him, Bloomberg News reported on Tuesday, ?citing a person familiar with the matter.
Global central bank officials are working on a statement to ?express support for Federal ?Reserve Chair Jerome Powell after ?the Trump administration ?opened ?a criminal investigation into him, ?Bloomberg News ?reported on Tuesday, citing a person familiar ?with the ?matter.
The Trump administration plans to replace the U.S. ambassador to Vietnam with a nominee set on addressing "imbalanced" trade relations, as Hanoi's goods trade surplus with Washington surpassed China's in recent quarters while it was locked in unresolved tariff negotiations with Washington.
ARK Invest CEO Cathie Wood is calling for an economic ?Goldilocks? scenario in 2026, forecasting real GDP growth surging toward 5%, accompanied by falling inflation?and potentially outright deflation?driven by an AI-led productivity boom.
German Chancellor Friedrich Merz expressed concern on Tuesday about how strong ?the political influence on central banks ?around the world is becoming, ?saying that it ?was paramount ?that they are allowed to operate ?independently.
By hook or by crook, U.S. President Donald Trump seems intent on cutting the cost of credit further - potentially stoking GDP growth already north of 4% and underscoring concerns about overheating the economy.
U.S. consumer prices likely accelerated in December as some of the distortions related to the government shutdown that had artificially lowered inflation in November unwound, which would cement expectations of the Federal Reserve leaving interest rates unchanged this month.
U.S. consumer prices likely accelerated in December as some of the distortions related to the government shutdown that had artificially lowered inflation in November unwound, which would cement expectations of the Federal Reserve leaving interest rates unchanged this month.
* Dollar on the back foot as worries about Fed independence weigh. * Trump administration probe of Fed's Powell sparks pushback. * Yen falls to one-year low as markets weigh outcome of potential snap election in Japan. By Rae Wee.
Federal Reserve ?Bank of New York ?President John Williams ?said on ?Monday ?that the central bank ?does not ?face any near-term pressure ?to change ?the ?stance of monetary policy. Monetary policy is "in a ?good place," Williams told reporters.
Federal Reserve Bank of New York ?President John Williams ?said on Monday ?the relatively ?calm market ?pricing amid the political ?tumult ?around the central bank reflects the ?uncertainty ?over ?how events will play out.
Jerome Powell, head of the U.S. Federal Reserve, said on Sunday the Justice Department has opened a criminal investigation against him for allegedly misleading Congress about a building renovation project at the central bank's headquarters.
Energy Transfer LP (ET) today announced the pricing of its offering of $1.0 billion aggregate principal amount of 4.550% senior notes due 2031, $1.0 billion aggregate principal amount of 5.350% senior notes due 2036 and $1.0 billion aggregate principal amount of 6.300% senior notes due 2056 at prices to the public of 99.830%, 99.933% and 99.842%, respectively, of their face value.
Federal Reserve Bank of New York President John Williams said Monday he expects a healthy economy in 2026 and indicated he sees no near-term reason to cut interest rates.
Jerome Powell, head of the U.S. Federal Reserve, said on Sunday the Justice Department has opened a criminal investigation against him for allegedly misleading Congress about a building renovation project at the central bank's headquarters.
Federal Reserve Bank of New York President John Williams said Monday he expects a healthy economy in 2026 and indicated he sees no near-term reason to cut interest rates.
* Major Wall Street indexes close at record highs from lower start. * Powell accuses government of using legal system against Fed. * Dollar loses its 'New Year bounce' * Gold hits record $4,600 an ounce, oil hits 7-week high. By Isla Binnie.
The top Republican in the U.S. Senate acknowledged on Monday that the Trump administration's threat to indict Federal Reserve Chair Jerome Powell could make it harder for Congress to confirm President Donald Trump's nominees for the U.S. central bank, after two Republican lawmakers threatened to block Fed nominees over the?action.
Investors on Monday brushed aside the dramatic news of the Trump administration's threat to criminally indict Fed Chair Jerome Powell, lifting the S&P 500 to an all-time high, while precious metals also soared to new peaks.
The S&P 500 and the Dow Jones Industrial Average notched fresh highs on Monday as traders appeared to brush off concerns around Federal Reserve independence. The two indexes rose 0.2% each to 6,977.3 and 49,590.2, respectively, recording their second consecutive record finish. Barring financials and energy, all sectors ended higher, led by consumer staples.
* Banks argue cap would limit credit access, harm economy. * Financial groups warn cap could lead to higher fees, reduced rewards. * Trump's proposal lacks details, may need congressional action. * Subprime borrowers face hardest impact from proposed cap. * Morningstar analyst doubts cap implementation, warns of profitability issues. By Hannah Lang and Douglas Gillison.
Despite the quiet start to the week for munis, all financial markets may feel a "heightened level of risk for rate volatility over the next few days," said Tim Iltz, a fixed income credit and market analyst at HJ Sims.
CHICAGO, Jan. 12, 2026 ?Ziegler, a specialty investment bank, is pleased to announce the successful closing of The Moorings of Arlington Heights' $162,860,000 Series 2025 Bonds issued through the Illinois Finance Authority. The Moorings of Arlington Heights is a Life Plan Community situated on a 45-acre campus in Arlington Heights, Illinois.
Financial stocks were lower in late Monday trading, with the NYSE Financial Index shedding 0.5% and the State Street Financial Select Sector SPDR ETF falling 0.9%. The Philadelphia Housing Index was adding 0.2%, and the State Street Real Estate Select Sector SPDR ETF was up 0.1%. Bitcoin was increasing 0.9% to $91,650, and the yield for 10-year US Treasuries rose 2 basis points to nearly 4.19%....
Financial stocks were lower in late Monday afternoon trading, with the NYSE Financial Index shedding 0.5% and the State Street Financial Select Sector SPDR ETF falling 0.9%. The Philadelphia Housing Index was adding 0.2%, and the State Street Real Estate Select Sector SPDR ETF was up 0.1%. Bitcoin was increasing 0.9% to $91,650, and the yield for 10-year US Treasuries rose 2 basis points to nea...
BlackRock Inc (BLK): * BLACKROCK'S (BLK) ?RICK ?RIEDER: THINK ?THAT ?FED ?SEAT IS INDEPENDENT -CNBC ?INTERVIEW. * ?BLACKROCK'S RICK RIEDER: ?STORIES ?ON ?MEETING WITH TRUMP ?ON FED ROLE ARE REASONABLY ACCURATE. * ?BLACKROCK ?CIO RICK ?RIEDER: FED HAS TO GET THE ?INTEREST RATE DOWN TO 3% -CNBC Further ?company coverage:
Most stocks and currencies in
resources-rich Latin America were higher on Monday, tracking
gains in commodity ?prices, while investors sold the dollar after
the Trump administration's threat ...
* DOJ sends subpoenas to Fed over building project. * Inflation data due later this week. * 3-year, 10-year auctions set for Monday. By Chuck Mikolajczak.
A growing number of Republicans in Congress expressed concern on Monday about the Trump administration's threat to indict Federal Reserve Chair Jerome Powell, with two senators?threatening?to retaliate by blocking President Donald Trump's central bank nominees and a third calling?for the federal probe to end quickly.
US benchmark equity indexes were higher intraday, while gold prices hit new records as markets reacted to news of a criminal probe into Federal Reserve Chair Jerome Powell. The Nasdaq Composite was up 0.4% at 23,767.6 after midday Monday, while the S&P 500 rose 0.2% to 6,977.6. The Dow Jones Industrial Average added 0.1% to 49,533.4. On Friday, the Dow and the S&P 500 closed at new record highs.
U.S. House of Representatives Speaker Mike Johnson on Monday said he ?would not try ?to stop a Department of ?Justice probe into ?Federal ?Reserve Chair Jerome Powell that the ?Fed ?chief has called a pretext for ?the Trump administration ?to ?gain sway over the central bank's interest-rate setting. "We're going ?to let the investigation play out," Johnson told reporters.
The US Consumer Price Index is expected to rise by 0.3% in December according to a survey compiled by Bloomberg, while the year-over-year rate is forecast to remain at 2.7%. The CPI data are scheduled to be released at 8:30 am ET Tuesday. The same survey looks for a 0.3% gain in core CPI, excluding the volatile food and energy components.
Virginia Governor-elect Abigail Spanberger begins assembling her finance team by keeping the state's treasurer in place and naming Delegate Mark D. Sickles to serve as Virginia's next Secretary of Finance.
Gold traded at a record high midafternoon on Monday as the dollar fell after the U.S. Justice Department on Friday served the Federal Reserve with grand jury subpoenas, threatening to indict Fed Chair Jerome Powell as the Trump Administration pushes to restrict the independence of the central bank and pressed for lower interest rates.
US equity indexes traded mixed while precious metals broke records in midday trading on Monday after Federal Reserve Chair Jerome Powell signaled that displeasure with monetary policy decisions is driving a Department of Justice probe into the central bank.
U.S. Treasury Secretary ?Scott Bessent told ?President Donald ?Trump ?on ?Sunday that ?the ?federal probe into Federal ?Reserve ?Chair ?Jerome Powell "made a mess" ?and could be bad for ?financial ?markets, Axios ?reported on Monday, citing two sources.
Financial stocks were lower in Monday afternoon trading, with the NYSE Financial Index shedding 0.7% and the State Street Financial Select Sector SPDR ETF falling 1.1%. The Philadelphia Housing Index was adding 0.7%, and the State Street Real Estate Select Sector SPDR ETF was up 0.1%. Bitcoin was increasing 0.7% to $91,442, and the yield for 10-year US Treasuries was slightly higher at 4.18%. I...
U.S. President Donald Trump did not direct ?Justice Department officials ?to investigate Federal Reserve ?Chair Jerome ?Powell, ?White House press secretary Karoline ?Leavitt ?said on Monday.
In general the bond market is volatile, and fixed income securities carry interest rate risk. (As interest rates rise, bond prices usually fall, and vice versa. This effect is usually more pronounced for longer-term securities.) Fixed income securities also carry inflation risk and credit and default risks for both issuers and counterparties. Unlike individual bonds, most bond funds do not have a maturity date, so avoiding losses caused by price volatility by holding them until maturity is not possible.
Lower-quality debt securities generally offer higher yields, but also involve greater risk of default or price changes due to potential changes in the credit quality of the issuer. Any fixed income security sold or redeemed prior to maturity may be subject to loss.
Before investing, consider the funds' investment objectives, risks, charges, and expenses. Contact Fidelity for a prospectus or, if available, a summary prospectus containing this information. Read it carefully.
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