Inflation in the U.S.is “moving toward our goal of 2%,” but recent progress has been “choppy” and “it will take more time” to achieve success, the president of the New York Federal Reserve said ...
But minutes from their December meeting suggest that the decision was a close call — and that there is no guarantee ...
Treasury yields surged following the Fed's cautious outlook on rate cuts in 2025. The 2-year Treasury yield, closely tied to Fed rate expectations, rose to 4.352 percent from 4.239 percent on Tuesday.
Federal Reserve Chair Jerome Powell has steered the world’s most powerful central bank during a tumultuous period for the US economy, from the pandemic to a historic bout of inflation shortly after.
Heading into the Christmas break, a no-less-formidable force has retaken the stage: Jerome Powell. The Federal Reserve chair’s hawkish turn this week put inflation back on the map as investors’ ...
Fed Chair Jerome H. Powell had said for weeks that it was premature to discuss the degree to which the president-elect’s proposals — including higher tariffs, lower taxes and deportation of ...
Twas the week before Christmas, and all over Wall Street, The traders heard the Fed, and voted with their feet. Poor old Jerome Powell. The chairman of the US Federal Reserve must have thought he ...
Federal Reserve chair Jerome Powell has been at the helm of the central bank since 2018, steering the U.S. monetary policy system through the shock of the COVID-19 pandemic and the rampant ...
Federal Reserve officials capped 2024 with a third-straight interest-rate cut and a strong signal that inflation concerns are back in the fore. Chair Jerome Powell put it plainly: The central bank ...
NEW YORK – US Federal Reserve chair Jerome Powell on Dec 18 said the US central bank has no desire to be involved in any government effort to stockpile large amounts of Bitcoin. “We’re not ...
NEW YORK (Reuters) -Federal Reserve Chair Jerome Powell said on Wednesday the U.S. central bank has no desire to be involved in any government effort to stockpile large amounts of bitcoin.