Gold/Silver

As Kevin Warsh takes over as chair of the Federal Reserve, investors and financial media outlets are looking closely for any hints at how his appointment will impact monetary policy. One series of comments Warsh made while testifying to Congress back in April as a nominee has been getting more attention in recent weeks, following some high inflation ...

Fed's Chair Warsh names two conservative policy veterans as interim advisers, Paul Winfree and Daniel Heil, who are to work as temporary contractors to support policy analysis and planning - WSJ citing Source. New: Kevin Warsh has tapped two outside associates as advisers—in as temporary contractors for now. Both are budget policy specialists, and one wrote the Fed chapter of Project 2025, which endorsed a radical restructuring of the central bank.

BoE Gov. Bailey: Policymakers facing growth/inflation trade-off BAILEY: INFLATION OVERSHOOT ENTIRELY DUE TO GULF EVENTS BoE Gov. Bailey: Outlook is for slower growth, not recession. Just in | BoE Governor Bailey: Future Events Remain Highly Unpredictable.

U.S. Central Command on Monday said Iran fired two ballistic missiles overnight targeting American forces stationed in Kuwait, the latest in a series of attacks that further undermines a threadbare ceasefire. The missiles fired Sunday night at 11 p.m. ET were successfully intercepted and no U.S. personnel were harmed, CENTCOM said in an X post. “U.S. ...

*GHALIBAF: LEBANON WAR ESCALATION IS US NONCOMPLIANCE W/ TRUCE Iran's Top Negotiator Qalibaf: Naval blockade by US and escalation of war crimes in Lebanon by Israel are clear evidence of US noncompliance with the ceasefire.

Former US Federal Reserve Chair Jerome Powell has warned against the politicisation of monetary policy amid President Donald Trump’s repeated attacks on the independence of the central bank. In a speech at an awards ceremony in Boston on Sunday, Powell said that the Fed had been undergoing a “stress test” like many other institutions in the Trump era. ...

Iran’s Baghaei: Ceasefire in Lebanon is integral part of any agreement to end war with US. IRAN'S FOREIGN MINISTRY SPOKESPERSON BAGHAEI SAYS LACK OF TRUST, CONSTANT CHANGE OF POSITIONS BY U.S. AND ISRAELI ACTIONS IN LEBANON ARE CAUSING DELAY IN DIPLOMATIC PROCESS

Iran really wants to make a deal, and it will be a good one for the U.S.A. and those that are with us. But don’t the Dumocrats, and various seemingly unpatriotic Republicans, understand that it is MUCH tougher for me to properly do my job and negotiate, when political hacks keep negatively “chirping,” at levels never seen before, over and over again, that I should move faster, or move slower, or go to war, or not go to war, or whatever. Just sit back and relax, it will all work out well in the end - It always does! President DJT

Thank you, Jack, for that kind introduction. It is a great privilege to be here tonight with you, Ambassador Kennedy, and your family. And thank you to the JFK Library Foundation and the committee members for this honor. President Kennedy was an inspiring public servant who demonstrated compassion, grace, ingenuity, and courage during trying times. He was also a towering figure in my early life. In November 1963, I was a fifth grader at Blessed Sacrament School in Washington, D.C. That terrible afternoon, our teachers were suddenly called to the principal's office, only to return in tears. I remember that moment very clearly, and the dark days that followed. They made an indelible impression on me. I am one of the many whom President Kennedy inspired to serve the public. Sixty-two years on, it is worth remembering how fortunate we are to be Americans today, and to enjoy the fruits of 250 years of progress toward the Founders' timeless ideal that all of us are created equal. We inherit and hold in trust a nation built on the promise of freedom. We are blessed by the courage of previous generations who worked, sacrificed, and dreamed so that we could live in the strongest, most prosperous nation in the world. The United States has long been the leader of the world's freedom-seeking people—the indispensable nation. Other countries know us as a nation built on integrity, and that integrity must be maintained. President Kennedy upheld that tradition and resiste FORMER FED CHAIR JEROME POWELL WARNED THAT ALLOWING A PRESIDENT TO REMOVE FEDERAL RESERVE OFFICIALS OVER POLICY DISAGREEMENTS WOULD UNDERMINE THE FED’S INDEPENDENCE AND DESTROY ITS CREDIBILITY WITH THE PUBLIC.

Kevin Warsh chairs his first Fed meeting in June, but Jerome Powell may still make his presence felt. His board seat runs to early 2028, making him a potential swing vote. Meanwhile, questions are growing over whether Warsh will move to scrap the dot plot and reduce the Fed's balance sheet. A move analysts warn could add volatility and a risk premium at a ...