The U.S. dollar fell on Tuesday as Federal Reserve Chair Jerome Powell said the U.S. central bank was in no rush to cut its ...
Gold prices retreated on Wednesday from an all-time high hit in the previous session, as Federal Reserve Chair Jerome ...
Federal Reserve Chair Jerome Powell said Wednesday President Donald Trump's calls for lower interest rates won't lead the ...
Powell was also asked about the high cost of home ownership and President Trump's trade policies, but as usual, the Fed chair ...
Because the economy is doing well, the Fed can take its time to decide when and whether to lower interest rates.
Fed Chair Jerome Powell told Congress the Fed isn’t rushing rate cuts, citing strong growth and inflation. He noted ...
A hotter-than-expected inflation reading makes it much more likely that the Federal Reserve will keep rates on hold for the foreseeable future, reinforcing a cautionary stance from Jerome Powell and ...
Major stock markets in the Gulf were subdued in early trade on Wednesday as investors remained cautious given the uncertainty ...
Federal Reserve Chair Jerome Powell said the central bank doesn’t need to rush to adjust interest rates, again signaling that officials will be patient before lowering borrowing costs further. “With ...
The consumer price index increased 3% in January from a year ago, Wednesday’s report from the Labor Department showed, up from 2.9% the previous month. It has increased from a 3 1/2 year low of 2.4% ...
"I urge you to move more rapidly to bring down interest rates, beginning with a meaningful rate cut next month," she said.
We know that reducing policy restraint too fast or too much could hinder progress on inflation,” Powell said in prepared testimony for the Senate Banking Committee.