Download the app
App StorePlay Store
Beige
Login
← All tags

federal reserve

Kevin Warsh Tells Senators He Will Protect Fed Independence and Cut the Balance Sheet

Kevin Warsh Tells Senators He Will Protect Fed Independence and Cut the Balance Sheet

In his Senate confirmation hearing, Kevin Warsh pledged to preserve the Federal Reserve’s independence and to set monetary policy strictly based on economic data. He also signaled support for balance sheet reductions, framing them as a policy path guided by conditions rather than political pressure—amid heightened scrutiny of the next Fed chair’s approach to rates and credibility.

Summarised by Beize from a story on Republic on 24 Apr 2026
Trumpian claims on India are flagged as statistics sabotage and tariffs risk global trade stability

Trumpian claims on India are flagged as statistics sabotage and tariffs risk global trade stability

Alan Blinder, former Federal Reserve vice chair, sharply criticizes Donald Trump’s approach to economics and rhetoric, arguing that tariffs are contractionary and that political pressure is undermining trust in American statistics. Blinder also warns that the US retreat from globalization could worsen uncertainty and weaken the future of global trade, with ripple effects beyond India and the US.

Summarised by Beize from a story on The Economic Times on 24 Apr 2026

Your news, in seconds

App StorePlay Store
Bitcoin plunges again as crypto value falls by 2 trillion and traders panic

Bitcoin plunges again as crypto value falls by 2 trillion and traders panic

Bitcoin took a sharp nosedive on Thursday, dragging the broader crypto market as value slid by about $2 trillion. A wave of red spread beyond digital assets, hitting tech stocks and even precious metals. The selloff deepened as investors grew wary over potential shifts in Federal Reserve policy, undercutting risk appetite across markets.

Summarised by Beize from a story on The Economic Times on 24 Apr 2026
Bitcoin tumbles below 70000 as ETF outflows and rate fears trigger sharp selloff

Bitcoin tumbles below 70000 as ETF outflows and rate fears trigger sharp selloff

Bitcoin plunged below $70,000, erasing gains built since the 2024 election victory. The drop reflects a wider crypto slump and concerns that the Federal Reserve may shift policy, alongside notable outflows from Bitcoin ETFs. Weakness in the tech sector is adding pressure, while investors watch for possible forced liquidations among crypto miners.

Summarised by Beize from a story on The Economic Times on 24 Apr 2026
Asian Stocks Rebound on Iran US Talks Hope and AI Demand Bets

Asian Stocks Rebound on Iran US Talks Hope and AI Demand Bets

Asian stocks rebounded in early trading as reports said Iran may attend US peace talks in Pakistan, easing geopolitical worries. South Korea’s Kospi hit a record high, while Japan’s Nikkei climbed. Brent crude eased to $95.09. Investors also turned cautious ahead of a key US Federal Reserve confirmation hearing featuring Kevin Warsh.

Summarised by Beize from a story on Republic on 24 Apr 2026
Market slumps as crude spikes and Fed turns hawkish HDFC Bank Infosys Adani Total move sharply

Market slumps as crude spikes and Fed turns hawkish HDFC Bank Infosys Adani Total move sharply

Stocks ended a turbulent session lower as soaring crude prices and a hawkish Federal Reserve rattled risk appetite. Against this backdrop, individual movers stood out, with HDFC Bank, Adani Total Gas, and Infosys seeing notable share action. Sector-wide selling in autos and IT compounded pressure, widening the gap between gainers and losers.

Summarised by Beize from a story on The Economic Times on 24 Apr 2026

Never miss a story

App StorePlay Store
Dollar hits week high as traders doubt Iran ceasefire and weigh Fed nominee signals

Dollar hits week high as traders doubt Iran ceasefire and weigh Fed nominee signals

The dollar climbed to a week high as markets questioned the durability of an Iran ceasefire and reassessed US policy expectations. Traders parsed comments from Federal Reserve nominee Kevin Warsh as slightly hawkish, while upbeat retail sales data boosted confidence in the US economy—together steering currency sentiment higher for the greenback.

Summarised by Beize from a story on The Economic Times on 24 Apr 2026
Dollar confidence shaken as Fed signals possible cuts amid jobs slump and ballooning deficits

Dollar confidence shaken as Fed signals possible cuts amid jobs slump and ballooning deficits

The Federal Reserve’s careful stance on tariffs is evolving into stronger signals of potential rate cuts as growth slows, hiring weakens, and public debt spirals. At the same time, political interference and mounting fiscal strain could further weaken dollar strength, fueling fears that currency weakness may last longer than traders expect.

Summarised by Beize from a story on The Economic Times on 24 Apr 2026
Global economy faces tricky rates as Fed hints one cut and Canada holds steady

Global economy faces tricky rates as Fed hints one cut and Canada holds steady

With the US Federal Reserve signaling just one interest-rate cut this year and the Bank of Canada keeping rates unchanged, policymakers are confronting a tough tradeoff. While growth risks are in focus, officials must decide whether to ease borrowing costs or hold firm—underlining how tightly linked global policy decisions now are.

Summarised by Beize from a story on The Economic Times on 24 Apr 2026
Page 1

The full experience is on mobile.

Swipe through stories, personalise your feed, and save articles for later — all on the app.

Download on the App StoreGet it on Google Play