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President Donald Trump and Jerome Powell, governor of the U.S. Federal Reserve and Trump's nominee for chairman of the Federal Reserve, walk to a nomination announcement in the Rose Garden of the White House in Washington, on November 2, 2017. (Saul Loeb/ AFP)

January 31st, 2018 - 06:00 GMT

Meet Jerome Powell, America’s New Top Banker

Jerome Powell is in line to chair the Federal Reserve, America's central bank. Here's what you need to know about America's new top banker.

Gold prices edged higher on Wednesday, as investors looked ahead to the Federal Reserve's policy meeting, the last under the leadership of Janet Yellen. (Shutterstock)

January 31st, 2018 - 01:16 GMT

Gold Prices Rise Ahead of US Fed's Policy Meeting

From a monetary policy perspective, 2017 was a year in which central banks around the globe shifted, almost in synchronized step. Here's an outlook for 2018. (Shutterstock)

January 8th, 2018 - 12:00 GMT

Where Major Central Banks Are Likely Headed in 2018: Overview

Saudi Crown Prince Mohammed Bin Salman this week launched an anti-corruption probe that resulted in the arrest of key business people, including Prince Alwaleed bin Talal. (AFP/ File)

November 6th, 2017 - 03:05 GMT

Podcast: Saudi Corruption Probe, New Fed Chief and Other Stories This Week

US Fed officials indicated in December that three rate hikes would be likely for 2017. (Shutterstock)

March 19th, 2017 - 09:09 GMT

US Fed rate hike: How will it affect you?

Al Bawaba

December 17th, 2015 - 01:30 GMT

Emerging markets calm following US Fed rate hike

The price of Brent crude oil fell below $50 per barrel last Monday. (AFP/File)

August 5th, 2015 - 06:45 GMT

Brent oil prices fall to the lowest level since January

Al Bawaba

July 16th, 2015 - 01:24 GMT

Markets get mixed reactions over Iran nuclear deal

The resurgence in US hiring accelerated in November and put 2014 on track to be the healthiest year for job growth since 1999.

December 8th, 2014 - 02:33 GMT

An economic comeback? US experiences highest job prospects since 1999

Financial crises triggered by a property crash can poison a nation’s banking system, corporates and homeowners for at least five to seven years

February 18th, 2014 - 02:58 GMT

A snapshot into Dubai's future? Hong Kong's impending property market crash

Brown spearheaded a letter signed by more than one-third of Democratic senators urging President Obama to nominate Yellen to lead the Federal Reserve System.

January 7th, 2014 - 05:23 GMT

For the first time ever, a woman is about to lead the US Fed

"Bloomberg" cites a source close to the matter as saying that Obama has already offered the job to Fischer who accepted it.

December 12th, 2013 - 02:17 GMT

Israel does control the US economy afterall? The Bank of Israel's former governor is about to lead the US Fed

Al Bawaba

September 9th, 2008 - 09:14 GMT

US Dollar Still Strong on Expectations the Fed Will Raise Rates, ECB Will Cut - But When?