Darda goes on to detail that “Powell & Co. have stated that they will need additional data to gain ‘confidence’ that ...
The Federal Open Market Committee thinks that confusing everyone completely is good for confidence, that intangible but entirely necessary ingredient for financial stability, writes the Chairman of ...
The European Central Bank is expected to start cutting interest rates in less than a month, while the Federal Reserve is on hold for some time. Even though Fed chair Jay Powell was not as hawkish as ...
A still-dovish Fed gives the RBA some breathing room at its meeting next week but the board is likely to acknowledge that ...
Fed governor Adriana Kugler, for one, agreed with the assessment from Bostic, Powell and other officials that recent progress on inflation has been “bumpy.” Still, Kugler said in comments at ...
The central bank has emphasised inflation remained stubbornly high and repeated interest rate cuts will have to wait until policymakers are confident enough it will move sustainably towards their 2% ...
Up until just recently, the fear had been that the fastest rate hike campaign in history would cause some economic "pain." But, with all that cash the government provided still finding ways to get ...
Summer is coming, and all too often that spells a slowdown for the stock market, as traders grow drowsy and dream of beaches.
There are many ways to monitor recession risk, but any one indicator in isolation is flawed. Context in the form of reviewing ...
The resilience of the US economy and stickiness of price pressures spurred a reassessment of the trajectory of Fed policy.
Powell’s comments seem to have allayed to some extent fears that the interest rate cut would be pushed away to November -- traders are now eyeing a rate cut as early as September. The safe haven ...
As expected, the Bank of England kept interest rates steady on Thursday and noted that its current monetary policy was effectively managing inflation. However, it cautioned that an interest rate ...