Fed Chair Powell says central bank doesn't 'need to be in a hurry' to lower interest rates further
Federal Reserve Chair Jerome Powell on Tuesday reiterated the central bank’s commitment to bringing inflation down and ...
Bank of America CEO on inflation impact on U.S. economy: 'Rates are going to stay where they are'
Bank of America CEO Brian Moynihan said Wednesday that strong consumer spending so far this year means the Federal Reserve ...
Fed's Powell says central bank still has access to data it needs
Federal Reserve Chairman Jerome Powell said Wednesday the central bank has not been cut off from any data it needs to do its ...
State Bank of India sees sector's personal loan woes easing on tighter credit rules
State Bank of India (SBI) , the country's top lender by assets, expects the industry's concerns over retail borrowers ...
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Fed Chair Jerome Powell Says No US CBDC Under His Watch
Powell confirmed in a Senate Hearing on Tuesday that the U.S. won't issue a central bank digital currency or CBDC while he's ...
Federal Reserve Chair Jerome Powell returns to Congress following January inflation spike
The change was slightly above analysts' expectations and is likely to bolster reluctance at the Fed to cut interest rates any further.
A third of central banks cool on launching CBDCs over regulatory concerns
Nearly a third of surveyed central banks said they’re delaying the launch of a CBDC over regulatory concerns and changing ...
Trump calls for lower interest rates to go 'hand-in-hand' with tariffs: 'Lets rock and roll, America'
President Trump's comments come a day after Fed Chairman Jerome Powell said on Capitol Hill that the central bank doesn’t need to “hurry" to lower interest rates.
Sterling steady ahead of US data, tariff updates
LONDON: The British pound was steady within the middle of its recent range on Wednesday as investors awaited key U.S.
Gold rises 10% in 2025 to $3,000 amid economic uncertainty from US tariffs
Gold's appeal as a haven from risk strengthened further as newly elected U.S. President Donald Trump turned to tariffs to aid ...
Markets trim Fed rate cut bets following hot inflation report
A hotter-than-expected inflation reading makes it much more likely that the Federal Reserve will keep rates on hold for the foreseeable future, reinforcing a cautionary stance from Jerome Powell and ...
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Federal Reserve's Jerome Powell says there's no need to rush on interest rate cuts
Powell was also asked about the high cost of home ownership and President Trump's trade policies, but as usual, the Fed chair ...