News list for "league"

Federal Reserve meeting notes: All participants considered it appropriate to keep the target rate unchanged.

Federal Reserve meeting notes: All participants considered it appropriate to keep the target rate unchanged.

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2025-02-19 19:00:28
Trump's nominee for the Federal Reserve has played down the impact of tariffs on inflation

On February 18, Federal Reserve Governor Paul Waller said that his basic view is that the Trump administration's new tariffs will only have a modest impact on prices, which the central bank should try to ignore when setting monetary policy. Waller said that uncertainty about the impact of trade or other government policies should not prevent the Federal Reserve from taking action, just as neither the Russia-Ukraine conflict in 2022 nor the collapse of Silicon Valley Bank in 2023 prevented the Fe...

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2025-02-17 23:14:35
Mr. Waller, the Fed governor nominated by Mr. Trump, said interest rate cuts could resume this year if inflation were to develop as it did in 2024, warning that waiting for economic uncertainty to dissipate would lead to policy paralysis. Click to view...

Mr. Waller, the Fed governor nominated by Mr. Trump, said interest rate cuts could resume this year if inflation were to develop as it did in 2024, warning that waiting for economic uncertainty to dissipate would lead to policy paralysis. Click to view...

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2025-02-17 23:52:14
Federal Reserve Harker: Current economic conditions support keeping interest rate policy stable for the time being

According to the Golden Ten report, the Federal Reserve Harker said that the current economic situation supports the temporary stability of interest rate policy, and the current monetary policy is in a good state.

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2025-02-17 14:26:22
Federal Reserve Governor Waller: US regulators should directly address stablecoin risks

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.

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2025-02-12 22:44:16
Federal Reserve Chairperson Powell warns against over-interpreting CPI data

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...

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2025-02-12 20:31:19
Federal Reserve Chairperson Powell: 2% inflation remains the target

Federal Reserve Chairperson Jerome Powell attended a hearing of the Senate Committee on Finance, Housing and Urban Affairs to deliver semi-annual monetary policy testimony and answer questions from lawmakers. Key points of Powell's testimony include: Inflation has moved much closer to the 2 per cent long-term target, although still slightly higher, and risks under the dual mandate are being watched closely. Recent data suggest that economic activity continues to grow at a healthy pace.

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2025-02-12 20:13:10
Federal Reserve Chairperson Powell: Will not resign even if Trump asks

Federal Reserve Chairperson Jerome Powell said he would not resign even if President Donald Trump asked for it.

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2025-02-12 15:34:25
Powell will give his semi-annual monetary policy testimony tonight at 11 PM

Federal Reserve Chairperson Jerome Powell will deliver his semi-annual monetary policy testimony in ten minutes.

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2025-02-12 14:54:56
Analysts: counterfeit products market has little reaction to Powell's statement that the Federal Reserve does not need to rush to cut interest rates, or indicates that the market has bottomed out

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...

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2025-02-12 04:09:52
Federal Reserve Chairperson Jerome Powell will deliver his semi-annual monetary policy testimony tonight

According to Jin Ten, Federal Reserve Chairperson Powell will appear at the Senate Finance Committee hearing at 23:00 on February 11 and deliver semi-annual monetary policy testimony at the House Financial Services Committee at the same time the next day. After the Federal Reserve failed to achieve the 2% inflation target since 2021, Federal Reserve Vice Chairperson of Supervision Barr has announced that he is about to step down, and the new Treasury Secretary Bescent expressed support for Powel...

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2025-02-11 08:04:17
Analysts: Powell's cautious stance on rate cuts will boost the dollar

The dollar held steady ahead of testimony from Federal Reserve Chairperson Jerome Powell later. Swissquote Bank analyst Ipek Ozkardeskaya said in a note that Powell is expected to be cautious about cutting interest rates despite growing pressure from Trump to lower them. U.S. economic growth remains solid, the job market is healthy and inflation remains stable, she said. Trump's stimulus policies and tariff threats could also fuel inflation, she said. Powell's cautious stance on rate cuts could ...

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2025-02-11 07:55:05