Jerome Powell Says About Bit of Progress on Inflation
On Tuesday, July 2, Federal Reserve Chairman Jerome Powell expressed his satisfaction with Washington’s progress to date in implementing efforts to counter inflation over the past year.
Federal Reserve - page 2
Fed Governor Michelle Bowman Says About Readiness to Raising Rates in Certain Conditions
Federal Reserve Governor Michelle Bowman said on Tuesday, June 25, that it was not yet time to start cutting interest rates, noting that she would be ready to raise borrowing costs if inflation rates did not show a slowdown.
Fed Keeps Interest Rates at 23-Year High
The Federal Reserve on Wednesday, June 12, announced that its benchmark lending rates remain at the current level.
Fed’s Neel Kashkari Needs More Months’ of Positive Inflation Data Before Rate Cut
The President of the Federal Reserve Bank of Minneapolis, Neel Kashkari, on Tuesday, May 28, during a conversation with media representatives, said that the financial regulator of the United States should wait for signs and evidence of more significant progress in efforts to combat inflation before proceeding with the implementation of the decision to ease […]
Fed’s Christopher Waller Says About Conditions for Lowering of Interest Rates
Federal Reserve Governor Christopher Waller said that to decide on easing monetary policy, which provides for a cut in interest rates, it is necessary to receive several more positive reports on the dynamic of inflation.
Experts Expect US Inflation Data to Show Some Positive for Fed
Experts predict that the monthly report on consumer prices in the United States will show a decrease in the level of inflationary pressure in this country as a result of April.
Jerome Powell Keeps Hopes Alive for Interest-Rate Cut
Federal Reserve Chairman Jerome Powell, still at the level of hypothetical assumptions, does not deny the likelihood that at some point during the current year, a decision will be made on cutting interest rates, but at the same time recognizes the fact that the circumstances of the external environment are not absolutely favorable for lowering […]
Fed Chair Signals Rate-Cut Delay
The Chairman of the Federal Reserve, Jerome Powell, signaled that policymakers will wait longer to cut interest rates longer than originally expected.
March Inflation Data to Prolong Expectations Fed Rate-Cut
On Wednesday, April 10, official data on consumer prices in the country in March will be released in the United States, which most likely will not become a source of a more unambiguous and reliable preliminary understanding of when the Federal Reserve System will begin implementing the policy of cutting interest rates.
Federal Reserve Bank of Atlanta President Expects One Rate Cut in 2024
The President of the Federal Reserve Bank of Atlanta, Raphael Bostic, said that it would probably be advisable for the United States financial regulator to lower interest rates in the fourth quarter of the current year.
Jerome Powell Says About Prospects of Cutting Interest Rates
Federal Reserve Chairman Jerome Powell on Friday, March 29, at an event in San Francisco, said that the central bank of the United States does not intend to make hasty decisions and act in an accelerated manner as part of an approach to a potential reduction in interest rates.
Federal Reserve Governor Lisa Cook Says About Importance of Cautious to Policy Easing
The governor of the Federal Reserve System, Lisa Cook, said that the central bank of the United States needs to take a cautious approach when deciding on monetary policy easing.
Inflation’s Tenacious Grip: Analyzing the Latest U.S. Economic Data
As the U.S. grapples with an enduring economic challenge, new data from the Bureau of Labor Statistics (BLS) released on Tuesday casts light on the persistent inflationary pressures facing the nation.
Jerome Powell Says Fed Needs More Confidence on Inflation to Cut Rates
Federal Reserve Chairman Jerome Powell, during a speech before the House of Representatives commission on Wednesday, March 6, said that the central bank of the United States is not yet ready to start making decisions on lowering interest rates, because, before appropriate measures, it is necessary to make sure that the final victory in the […]
Atlanta Fed Chief Says About Prospects of Rate Cuts
Atlanta Fed President Raphael Bostic described the most likely, in his opinion, trajectory of the inflationary process in the United States in the current year as slow and bumpy.
Fed Fines Chinese Bank ICBC
United States regulators have reported fines of about $32.4 million against the Industrial and Commercial Bank of China.
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