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As Fed chairman, Powell has resisted Trump’s urging to cut interest rates. Powell is waiting for the tariffs to affect prices before making any changes.
Powell repeated his view Tuesday that U.S. inflation is likely to pick up later this summer, though he acknowledged that the timing and magnitude of any price increase from the duties is uncertain.
While Treasuries hit the day’s highs after the release of the Fed statement, they steadily pared gains during Powell’s press conference. Two-year yields were down about two basis points at 3. ...
With U.S. jobs data in hand, can Fed Chair Powell calm panicking stock markets roiled by President Trump's "Liberation Day" tariff plan? tastylive's Head of Global Macro Ilya Spivak breaks down ...
Jerome Powell’s speech hints at a potential shift in the Fed’s monetary policy, boosting Bitcoin's surge above $105,000. CPI data shows inflation cooling to 2.3%, suggesting the Fed may cut rates ...
Fifty years ago today, on 20 April 1968, the austere shadow defence secretary Enoch Powell MP made a speech in Birmingham. He told his friend, the editor of his local paper, the Wolverhampton ...
Federal Reserve Chair Jerome Powell, in a Princeton speech, defends the central bank’s response to the COVID-19 crisis and praises government workers and U.S. universities, both targets of Trump.
Sir Keir Starmer “completely rejects” suggestions he echoed Enoch Powell in a major speech on immigration, and stands by his words, Downing Street has said. The Prime Minister has faced ...
Federal Reserve Chair Jerome Powell, in blue jacket, arrives for dinner at Jackson Hole on Thursday. (Natalie Behring/Bloomberg News) The stage is set Friday for Federal Reserve Chair Jerome ...
Powell noted in his Economic Club speech that the Fed's independence is "a matter of law" and that the central bank makes decisions "based on our best thinking, based on our best analysis" and not ...