The US Federal Reserve has announced a reduction in interest rates for the first time since the pandemic, as widely anticipated. In a statement, the […]
Tag: Jerome Powell
Stock Index Futures Rise Ahead of Fed Chair Powell’s Jackson Hole Speech
Stock index futures are up ahead of Federal Reserve Chair Powell’s speech at the Kansas City Federal Reserve’s Jackson Hole Economic Symposium, scheduled for 9:00 […]
July PCE Inflation Data: What It Means for U.S. Interest Rates
The July Personal Consumption Expenditures (PCE) inflation data, which is closely watched by the Federal Reserve, came in slightly below expectations. The headline PCE inflation […]
Bitcoin ETFs See Strong Inflows Amid Market Optimism
On Friday, U.S. Bitcoin ETFs saw a net inflow of $252 million, marking the highest level in over a month. This surge in inflows reflects […]
Federal Reserve Chair Jerome Powell’s Outlook on U.S. Inflation and Monetary Policy: Insights and Caution
Federal Reserve Chair Jerome Powell anticipates a continued decline in U.S. inflation through 2024, resembling the trend observed last year. However, he acknowledges a decrease […]
FOMC Holds Steady: Target Range Maintained at 5.25% – 5.50%
The FOMC has decided to keep rates unchanged, maintaining the target range at 5.25% – 5.50%. Additionally, there is no change in the interest on […]
Federal Reserve Minutes: Policymaker Debates on Economic Policy, Inflation Progress, and Future Reviews
Most Federal Reserve policymakers acknowledged the risks of lowering interest rates too quickly and stressed the importance of waiting for more data to assess if […]