Gold prices fell as much as 12% or Rs 20,514 in a single day on January 30, marking the worst one-day rout since March 2013 when prices on the MCX had fallen 9%.The drop came after US President Donald Trump announced Kevin Warsh as his choice for the next chairman of the Federal Reserve. The […]
White House adviser Kevin Hassett, one of the candidates in the race to replace Federal Reserve Chairman Jerome Powell, told CNBC in an interview Thursday that the new central bank chairman “must be an independent person who respects the mandates.”Hassett said the Fed needed someone like former Chairman Alan Greenspan, who “got the economy going […]