News list for " the American league"
Mr. Waller, the Fed governor, said US regulators should deal directly with the risks of stablecoins, which would benefit from regulation and could expand the global role of the dollar by allowing banks and non-banks to issue them.
Federal Reserve Chairperson Jerome Powell on Wednesday warned against reading too much into data showing the largest month-on-month increase in the consumer price index (CPI) in more than a year, while acknowledging that the reading was significantly higher than expected. "The CPI reading is higher than almost all forecasts, but I just want to remind you of two things," Powell told the House Financial Services Committee hearing. "First, we're not going to get excited about one or two good readin...
Federal Reserve Chairperson Jerome Powell said he would not resign even if President Donald Trump asked for it.
Analysts say the market for counterfeit products barely reacted after Federal Reserve Chairperson Jerome Powell expressed doubts about the possibility of further rate cuts this year. The crypto market may have bottomed out. Crypto analyst Matthew Hyland said on February 11 that the crypto market received the worst news of 2025 today, but counterfeit products have seen little to no sell-off, with some even rising. The market may have digested the expectation that the Federal Reserve will keep int...
Federal Reserve Goolsby: After recent observations, I am optimistic that tariffs will not ultimately become a significant barrier to trade.
Scott Bescent, US Treasury secretary, said he would not criticise the Federal Reserve chairperson and said the Trump administration was not focused on whether the Fed would cut its benchmark policy rate. Mr. Bescent's comments were notable given Mr. Trump's frequent criticisms of Jerome Powell, the Fed chairperson, during his first term as president, when he regularly called for interest rate cuts and explored the possibility of "firing" Mr. Powell. "I'm not going to make any comments on monetar...
The Federal Reserve's Barkin said it still believes inflation will fall back towards the Fed's 2% target, and the case for raising interest rates depends on evidence of overheating.
On February 2nd, according to Ledgerinsights, Federal Reserve Chairperson Jerome Powell touched on the topic of cryptocurrencies at a press conference after the announcement that interest rates would remain unchanged. He said that banks can provide cryptocurrency services to customers as long as it is done in a safe and sound manner. He added, "We are not opposed to innovation, and we certainly do not want to take actions that would cause banks to terminate fully legitimate customers because of ...
On December 20th, the annual change in the composition of the Federal Reserve's FOMC voting committee next year may slightly increase resistance to further interest rate cuts. The incoming voting committee is more hawkish than the outgoing voting committee. "This opens the door to more dissenting votes next year," said Oscar Munoz, an analyst at TD Securities. At the December FOMC meeting, four of the Fed's 19 policymakers wrote predictions that the rate cut was inappropriate, and the Cleveland ...
Federal Reserve Chairperson Jerome Powell: But still think we're on the right track on inflation.
The Federal Reserve should never raise its 2% target, especially if inflation remains above that level.
According to foreign media analysis, one of the main contents of Federal Reserve Chairperson Powell's speech in Jackson Hole in August was that, given the significant progress made on inflation, the Federal Reserve's response is no longer solely focused on inflation. There are clear signs that the employment aspect has become a more dominant factor in determining policy. Since then, employment data has triggered greater cross-asset volatility in recent months. However, with Trump's decisive vict...
A number of Federal Reserve officials including Powell, Collins, Kugler, Bowman, Williams, Barr and Cook will speak one after another tonight. Previously, the Federal Reserve started the interest rate cut cycle with 50BP, and the market continued to price the remaining interest rate cuts this year. As the first week after the Federal Reserve meeting, the remarks of officials tonight may clear the market a thing or two. Investors are advised to pay attention to the relevant risks when the market ...
September 22 news, according to the Federal Reserve official website data show that as of September 17, the Federal Reserve balance sheet size has dropped to around 7.10 trillion dollars, now reported 7.109 trillion dollars. This year, the cumulative shrinkage of about 1.39 trillion dollars.
The Federal Reserve meets today and will decide the direction of medium- and long-term financial marekts, QCP Capital said in its latest report. Market participants expect a 33% chance of a 25 basis point cut and a 66% chance of a 50 basis point cut, according to Fed Funds Futures Pricing. However, economists polled by Bloomberg believe a 25 basis point cut is more likely, with 104 out of 114 predicting it will happen. Only 9 out of 114 economists expect a 50 basis point cut. QCP C...
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