Fed would not wait for 2% inflation to consider rate cut: Powell
Washington, Jul 10, 2024 -The US central bank will not want to wait for inflation to cool to its two ...
Tag: fed
Watch Fed Chair Jerome Powell testify live before Senate banking panel
Federal Reserve Chair Jerome Powell speaks Tuesday to the Senate Banking Committee as part of his semiannual address to Congress ...
Fed says it’s not ready to cut rates until ‘greater confidence’ inflation is moving to 2% goal
Federal Reserve officials at their June meeting indicated that inflation is moving in the right direction but not quickly enough ...
Bitcoin slides to two-month low as Fed signals it’s not ready to cut rates yet
A worsening macroeconomic climate and the collapse of industry giants such as FTX and Terra have weighed on bitcoin's price ...
Crypto-Friendly Silvergate Bank Pays $63M to Settle Charges With SEC, Fed, California Regulator
"In early March 2023, Silvergate made a responsible decision to liquidate voluntarily and without government assistance. As of November 2023, ...
IMF says Fed should hold interest rates where they are until ‘at least’ end of year
International Monetary Fund (IMF) Managing Director Kristalina Georgieva speaks during the 2024 CNBC CEO Council Summit in Washington, D.C. on ...
JPMorgan Chase says its stress test losses should be higher than what the Fed disclosed
JPMorgan Chase CEO and Chairman Jamie Dimon gestures as he speaks during the U.S. Senate Banking, Housing and Urban Affairs ...
Fed Governor Lisa Cook says AI is ‘not going to replace us’
Federal Reserve governor Lisa Cook isn’t afraid of losing her job to robots anytime soon. Speaking during a luncheon at ...
Fitch pushes back China rate cut expectations to next year as Fed holds interest rates steady
People walk past the headquarters of the People's Bank of China (PBOC), the central bank, in Beijing, China September 28, ...
Fed’s policy patience warranted amid still-high inflation, Collins says
Boston Federal Reserve President Susan Collins on Tuesday cautioned against getting carried away with recent inflation data that suggested price ...
