This story has been updated with additional details. Federal Reserve Chair Jerome Powell reiterated on Tuesday that ...
The dollar was steady as investors weigh Powell’s remarks and look ahead to U.S. inflation data which could weaken the currency if it is softer than expected, Swissquote Bank said.
Major stock markets in the Gulf were subdued in early trade on Wednesday as investors remained cautious given the uncertainty ...
"We just chose to shorten that sentence." Powell also referenced some the most recent readings in inflation in December showing some easing of price pressures. “If you look at” the inflation ...
After cutting its key rate a full percentage point in the final three months of last year, with "the economy remaining strong ...
The Fed chair's continued signals to delay policy easing sent 10-year yields higher, with money markets pricing in just one ...
(Bloomberg) — US inflation showed scant signs of downward momentum at the start of the year, while healthy job growth undergirded the economy, backing the Federal Reserve’s stance to hold the line on ...
Fed Chair Jerome Powell said “we do not need to be in a hurry to adjust our policy stance” and monetary policy is “well ...
Central bank policymakers are widely expected to stand pat on interest rates. Investors await further details from Fed Chair ...
Fed Chair Jerome Powell, who offers ... prices at the start of 2025 easing to the slowest pace since August. Wholesale prices, though, another measure of inflation, likely accelerated.