US futures, Asian shares slip, tracking Wall Street's retreat, while oil falls more than USD 2 https://www.taxtmi.com/news?id=69625 The nomination to lead the Federal Reserve requires Senate approval and affects interest-rate decisions, central-bank independence, and market expectations; stronger-than-expected wholesale inflation increases pressure to maintain higher rates, prompting declines in equities, oil, and precious metals as investors reassess the outlook and the policy transmission to currencies and asset prices. en-us Mon, 02 Feb 2026 09:46:03 +0530 Mon, 02 Feb 2026 09:46:03 +0530 TaxTMI RSS Generator US futures, Asian shares slip, tracking Wall Street's retreat, while oil falls more than USD 2 https://www.taxtmi.com/news?id=69625 The nomination to lead the Federal Reserve requires Senate approval and affects interest-rate decisions, central-bank independence, and market expectations; stronger-than-expected wholesale inflation increases pressure to maintain higher rates, prompting declines in equities, oil, and precious metals as investors reassess the outlook and the policy transmission to currencies and asset prices. News - Mon, 02 Feb 2026 09:46:03 +0530 https://www.taxtmi.com/news?id=69625