Tag: jerome powell
Posted in Business
US Fed served with DOJ subpoenas, Jerome Powell vows to stand firm| Business News
Federal Reserve Chair Jerome Powell said the US central bank had been served grand jury subpoenas from the Justice Department threatening a criminal indictment, a…
Posted in Business
US Fed cuts interest rate by 25 bps to 3.5-3.75%| Business News
A divided US Federal Reserve has cut the interest rate by 25 basis points to a range between 3.50% and 3.75%, but the path for…
Posted in Business
Jerome Powell hints at more US Fed rate cuts amid jobs slowdown| Business News
Jerome Powell signalled more US Fed rate cuts are in the offing as a slowdown in jobs creation poses a growing risk to the US…