Federal Reserve Chair Jerome Powell returns to Congress following January inflation spike
The change was slightly above analysts' expectations and is likely to bolster reluctance at the Fed to cut interest rates any further.
Jerome Powell Testimony Live: We are not there on inflation
Jerome Powell, Chairman of the United States (US) Federal Reserve (Fed), repeated that they do not need to be in a hurry to ...
Hopes for more Fed rate cuts dim as Powell notes hot CPI means ‘we're not quite there yet'
A Fed interest rate cut won’t be coming until at least September, if at all this year, following a troubling inflation report ...
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Europe stocks close higher after hotter-than-expected U.S. inflation print; Heineken up 14%
European markets closed slightly higher on Wednesday as global markets assessed the latest inflation reading out of the U.S.
US Inflation Jump Puts Fed Officials on Notice as Powell Testifies
U.S. Federal Reserve Chair Jerome Powell walks to testifying before a Senate Banking, Housing and Urban Affairs Committee ...
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Bonds Extend Losses As Fed Chair Powell Says No Rush To Cut: Markets Wrap
Asian equities were mixed with Japanese stocks gaining while shares in Australia were steady ahead of Wednesday’s US ...
US Bond Yields Climb On Fed Chair Powell’s Wait-And-See Signals: Markets Wrap
A gauge of Asian equities was little changed. Australian and South Korean shares were slightly higher after Monday declines ...
Powell says Trump's comments won't affect interest rate decisions by the Fed
Federal Reserve Chair Jerome Powell said Wednesday that President Donald Trump's calls for lower interest rates won't lead ...
Bonds extend losses as Powell says no rush to cut
Treasuries fell across the curve on Tuesday, with money markets still fully pricing in one rate cut by the Fed this year.
South African rand stable after Powell's cautious comments; US inflation in focus
South Africa's rand was steady in early trade on Wednesday, as markets processed U.S. Federal Reserve Chair Jerome Powell's ...
BusinessMirror2d
Treasury yields climb after Fed’s Powell reiterated CB’s patience
TREASURY yields rose and stocks fluctuated as Federal Reserve Chair Jerome Powell reiterated the central bank is in no rush to cut rates. Bonds fell across the curve, with money markets continuing to ...
FXS Fed Sentiment Index retreats but remains in hawkish territory ahead of Powell testimony
Federal Reserve (Fed) Chairman Jerome Powell will testify on the semiannual Monetary Policy Report before the Senate Banking, ...