Washington, United States, May 22, 2026 (AFP) - With Fed under intense Trump pressure, new chief to be sworn in at White House

NAMPA / AFP

2026-05-22

Incoming Federal Reserve chair Kevin Warsh will be sworn in at the White House on Friday, taking the reins of the US central bank as it faces unprecedented pressure from President Donald Trump to cut interest rates. Warsh, whom Trump nominated for the role, has backed rate cuts in the past, even as the world's largest economy faces inflation at a three-year high. Trump frequently criticized and insulted Warsh's predecessor, Jerome Powell, even pu......

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Frankfurt, Germany, May 22, 2026 (AFP) - US Fed governor joins chorus calling for potential interest rate hikes

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London, May 22, 2026 (AFP) - Oil, stocks gain as investors weigh Mideast peace prospects

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Beijing, May 22, 2026 (AFP) - China probes 'illegal' brokers in cross-border trade crackdown

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Frankfurt, Germany, May 22, 2026 (AFP) - German business morale rises for first time since Iran war

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