Powell says Fed not 'in a hurry' to cut interest rates with 'economy remaining strong'
Federal Reserve Chair Jerome Powell will tell the Senate banking committee the Fed isn't "in a hurry" to resume its interest ...
Fed Chair Shows Little Urgency to Lower Rates
Jerome H. Powell testifies as inflation risks are resurfacing, regulatory changes are in flux and the Federal Reserve’s ...
Fed Chair Powell: Fed will never have a central bank digital currency
Federal Reserve Chair Jerome Powell testifies before The Committee on Banking, Housing, and Urban Affairs on The Semiannual Monetary Policy Report to the Congress.
Crypto Daybook Americas: Bitcoin Eyes PPI for Post-CPI Guidance on Fed
Analysts expect year-over-year PPI to come in at 3.2%, below December’s 3.3%, with a month-on-month reading of 0.3%, up from ...
Fed nears QT crossroads as 'excess liquidity' evaporates
A key measure of excess liquidity in the financial system is evaporating rapidly. Once it disappears, further reduction of ...
Fed Chair Jerome Powell: 'No hurry' to adjust monetary policy
Federal Reserve Chairman Jerome Powell is on Capitol Hill Tuesday for the first of two hearings he will testify in this week.
Week Ahead for FX, Bonds: Fed Minutes, PMI Data in Focus; RBA Likely to Cut Rates
Minutes from the Federal Reserve’s January meeting will be closely watched for any comments on the likely impact of President ...
Ray Dalio: We Need to Cut the Budget Deficit Now. Here’s How We Do It
In Ray Dalio's forthcoming book "How Countries Go Broke" he argues that the United States' budget deficit should be cut.
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Key takeaways from Fed Chair Jerome Powell’s congressional hearing
America’s central bank is in no rush to slash interest rates any time soon, Federal Reserve Chair Jerome Powell told lawmakers Tuesday. Powell also faced a barrage ...
Danger Sign: Shadow Banking Loans Now Exceed Bank Equity
The banking sector's credit portfolio grew by 2% year-over-year in 2024, driven mainly by a 15% increase in loans to shadow ...
Inflation hit 7-month high of 3% in January. Here's what it means for Fed rate cuts
Inflation slowed through much of last year – falling as low as 2.4% from a 40-year high of 9.1% in mid-2022 – but it has remained stubbornly high since fall. The cost of services such as car insurance ...
WATCH: Powell says Fed ‘well positioned’ for ‘risks and uncertainties’ that lie ahead for economy
After cutting its key rate a full percentage point in the final three months of last year, with "the economy remaining strong ...