Hopes for more Fed rate cuts dim as Powell notes hot CPI means ‘we're not quite there yet'
A Fed interest rate cut won’t be coming until at least September, if at all this year, following a troubling inflation report ...
Jerome Powell Testimony Live: We are not there on inflation
Jerome Powell, Chairman of the United States (US) Federal Reserve (Fed), repeated that they do not need to be in a hurry to ...
The Reporter1h
Powell says Trump’s comments won’t affect interest rate decisions by the Fed
WASHINGTON (AP) — Federal Reserve Chair Jerome Powell said Wednesday that President Donald Trump’s calls for lower interest ...
Powell Says Latest Inflation Data Show Fed Has More Work To Do
Federal Reserve Chair Jerome Powell said the latest consumer price data show that while the central bank has made substantial ...
Tariffs and Other Trump Policies Will Have Economic Effect, Powell Says
Rep. David Scott, a Democrat from Georgia, criticized the Trump administration’s proposed tariffs, asking about their impact ...
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.
BusinessWorld2h
Yields on term deposits ease with BSP likely to cut key rate
TERM DEPOSIT YIELDS went down on Wednesday ahead of a widely anticipated rate cut by the Bangko Sentral ng Pilipinas (BSP) at its first policy meeting of the year. The BSP’s term deposit facility (TDF ...
Kalkine Media4h
Gold’s current slide may set trend for next price movement, say analysts
Gold’s current slide may set trend for next price movement, say analysts ...
Donald Trump's Pledge to Lower Costs on 'Day One' is Unravelling
A disappointing inflation reading and soaring egg prices have undermined Trump's promise to reduce costs on "day one." ...
Did prices jump in January? Inflation report will provide latest update on consumer costs
On Wednesday the Labor Department is expected to report that in January the consumer price index rose 2.9% from a year ago, ...
Inquirer Business on MSN6h
Asian stocks rise as Powell rate warning taken in stride
Equities rose in Asia on Wednesday as traders took in their stride a warning from Federal Reserve boss Jerome Powell that the ...
BusinessWorld6h
Peso steady before US consumer inflation data, BSP meeting
THE PESO ended flat against the dollar on Wednesday, with the market waiting for the release of January US consumer inflation data overnight and the Bangko Sentral ng Pilipinas’ (BSP) policy meeting ...