Fed's Powell sees a ways to go on shrinking Fed holdings
Federal Reserve Chairman Jerome Powell stated that the process of reducing the central bank's balance sheet, known as ...
Inflation rises as consumer prices surge in January
January's Consumer Price Index shows a significant increase, with economists concerned about future price hikes.
Utilities Down as Treasury Yields Rise — Utilities Roundup
Shares of power producers fell after Treasury yields spiked in the wake of inflation data.
Materials Down After CPI Data — Materials Roundup
Producers of metals and other raw materials fell after a reported acceleration in consumer inflation. Fed Chairman Jerome Powell said January consumer-inflation fit with an overall picture that the ...
Powell backs change in bank-capital rules to boost liquidity in Treasury market
Federal Reserve Chairman Jerome Powell said Wednesday he supports a change to bank capital rules that has been on the industry's wish list At the moment, the Fed's "supplementary leverage ratio" ...
insurancebusinessmag8h
Insurance could kill mortgages in some of the US – Powell
In a wide-ranging discussion on the effects of Trump tariffs (we’ll wait and see) to mortgage rate cuts (we’ll wait and see) ...
Hot Inflation In January 2025 Reduces Odds Of Fed Interest Rate Cuts
January inflation ran hot, and the odds of Fed interest rate cuts fell as Consumer Price Index total CPI inflation ...
Fed's Powell says central bank still has access to data it needs
Federal Reserve Chairman Jerome Powell said Wednesday the central bank has not been cut off from any data it needs to do its ...
WGBH12h
Federal Reserve's Jerome Powell says there's no need to rush on interest rate cuts
Powell was also asked about the high cost of home ownership and President Trump's trade policies, but as usual, the Fed chair ...
Trump calls for lower interest rates to go 'hand-in-hand' with tariffs: 'Lets rock and roll, America'
President Trump's comments come a day after Fed Chairman Jerome Powell said on Capitol Hill that the central bank doesn’t ...
The End Of The Fed?—Trump Calls For Lower Rates As Bitcoin Price Plummets
Last year, Trump suggested the U.S. president should have "at least" a say over setting interest rates, something that would ...
manilastandard15h
PH stocks rebound to close above 6,000
The main composite index of the Philippine Stock Exchange (PSE) bounced back Wednesday to close above the 6,000 level on bargain-hunting. The PSE index ...