Tag: Powell
Currencies steady as investors ponder Fed independence, await Powell speech
SINGAPORE — The US dollar drifted on Thursday as investors fretted about the Federal Reserve’s independence after yet another attack from President Donald Trump...
WALL STREET ENDS ON MUTED NOTE AHEADOF JACKSON HOLE SUMMIT, RETAILERS’ EARNINGS
Aug 18 (Reuters) - Wall Street's main indexes closed roughly flat on Monday, after struggling for direction while investors awaited a raft of corporate...
US Fed’s Powell has used Jackson Hole to battle inflation and buoy jobs
WASHINGTON - US Fed Chair Jerome Powell used the central bank's annual Wyoming research conference to promise inflation-fighting rigor when it was needed in...
LATEST JOBS DATA STIFFENS SUPPORT FOR 3 RATE CUTS IN 2025
The Federal Reserve's vice chair of supervision, Michelle Bowman, on Saturday said recent weak job data underscores her concerns about labor market fragility and...
Fed reticence on rate cuts forces market to rethink outlook
NEW YORK — The Federal Reserve's decision to avoid signaling imminent rate cuts despite relentless political pressure underscores its prevailing caution and has forced...
