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Fed Chair Powell Says Central Bank Doesn’t Need To Be In A Hurry To Cut Rates: ‘Attentive To The Risks To Both Sides Of Our Dual Mandate’
Federal Reserve Chair Jerome Powell stated before the Senate Banking Committee that the central bank does not need to be in a hurry to cut interest rates and noted that while inflation has come down ...
Trump’s Executive Orders Leave Imprint on the Fed
The central bank has halted hiring to align with a White House directive and pulled back its work on climate change.
Despite Trump's pressure campaign, you probably won't be seeing interest rate cuts this week
The Federal Reserve is likely to hold interest rates steady in its coming decision out Wednesday.
Key takeaways from the Fed’s decision to pause interest rate cuts
The Federal Reserve on Wednesday hit pause on interest rate cuts in its first key decision of President Donald Trump’s second ...
Almost a third of central banks delaying digital currency plans, report shows
Nearly a third of central banks have pushed back launching digital versions of their currencies, a new survey shows, although a desire to protect their money-minting powers mean most still intend to ...
Fed Stays Steady, and Powell Offers No Guidance on Future Rate Cuts
After three cuts at the end of last year, Federal Reserve officials paused rate moves as they weigh a solid economy and ...
Mark Carney, the 'unreliable boyfriend' who ran UK's central bank
Mark Carney was the first non-British person to become governor of the Bank of England in its more than 300-year history when he took the job in 2013. He had previously worked at the investment bank ...
China keeps yuan stable against US dollar: what it means for the trade war
China could allow its currency to weaken to offset the impact of US tariffs on the country’s exports, but has so far declined ...