Tag: jerome powell
fed rate cut: Fed opens up policy space around the world without feeding panic
The Federal Reserve’s bold start to cutting interest rates and its determination not to fall behind the curve in easing has reshaped the policy horizon…
Stocks mostly rise as Powell speech looms
Asian and European stock markets mostly rose Friday hours before a much-anticipated speech by US Federal Reserve boss Jerome Powell that could shed more light…
Dollar falls on bets for dovish Fed
By Rae Wee Dollar falls on bets for dovish Fed SINGORE, – The U.S. dollar declined broadly on Monday and slid against the yen in…
Key takeaways from latest US Federal Reserve meeting: When is rate cut likely?
Aug 01, 2024 10:27 AM IST US Federal Reserve chair Jerome Powell announced that interest rates will remain unchanged at the current rate range of…
Tech Rally Sputters as yields rise before Powell: Markets wrap
A rally in big tech fizzled out as bond yields rose, with traders wading through remarks from a slew of Federal Reserve officials and awaiting…
US economy picks up steam despite expectations of slowdown
WASHINGTON: The US economy defied expectations to see growth pick up in the second quarter, according to government data released Thursday, supported by business investment…
powell: US House oversight panel asks Fed’s Powell for SVB documents
The Republican-led US House of Representatives Oversight Committee on Monday asked Federal Reserve Chair Jerome Powell to hand over confidential documents related to the central…
Federal Reserve: Federal Reserve officials were wary about slow inflation progress at June meeting
Federal Reserve officials were concerned about sluggish progress toward lower inflation and wary about the surprising staying power of the American economy at their June…
Some US Federal Reserve officials backed rate hike in June, minutes show
WASHINGTON: Some members of the US Federal Reserve‘s rate-setting committee supported another interest rate hike in June to tackle high inflation, but ultimately voted for…
Federal Reserve: ‘Almost all’ Federal Reserve officials agreed to skip June hike: Minutes
WASHINGTON: A united US Federal Reserve agreed to hold interest rates steady at the June meeting as a way to buy time and assess whether…