EUR/USD
1.16419
-0.209%
Gold
4586.20
-0.241%
Oil
60.846
2.012%
USD/JPY
159.162
0.635%
GBP/USD
1.34214
-0.326%
GBP/JPY
213.598
0.302%
Real-time News
On January 14th, US President Trump dismissed JPMorgan Chase CEO Jamie Dimons criticism of the Justice Departments investigation into the Federal Reserve, saying Dimons claim that he was undermining the central banks independence was "wrong." "I dont think theres anything wrong with what Im doing," Trump said. "And there is indeed a bad guy in the Fed." Earlier on Tuesday, Dimon expressed concern about the Justice Departments investigation of Jerome Powell. He said, "Everyone we know believes in the independence of the Fed. Anything that undermines that independence is probably not a good idea. In my view, it would have the opposite effect—pull up inflation expectations and potentially raise interest rates over time." When asked about these remarks, Trump responded, "I think hes wrong."Federal Reserve Bank of Barkin: Tariffs will continue to exert some cost and inflationary pressures over time, but the timing is unclear.Federal Reserve Bank of Barkin: Businesses are more informed about the potential outcomes of tariffs than they were last April, and therefore have greater confidence.Federal Reserves Barkin: CPI data is encouraging. Housing inflation remains affected by the missing October data.On January 13, local time, according to the U.S. Federal Register, the United States relaxed regulations on the export of Nvidias H200 chips to China. Previously, U.S. President Trump stated via social media that the U.S. government would allow Nvidia to sell H200 artificial intelligence chips to China. It is understood that the aforementioned sales to China will be subject to approval and security review by the U.S. Department of Commerce, and the U.S. will also receive a fee from the relevant transactions.
