Tag: Jerome Powell
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Federal Reserve chair’s warnings send US stocks tumbling; Asian markets move higher
US Wall Street experienced a significant sell-off on Wednesday, accompanied by a declining dollar, following pessimistic remarks from Federal Reserve Chair Jerome...
‘Wait for greater clarity’: US Federal Reserve to hold off altering interest rates
The US federal reserve will hold off on making any changes to interest rates as it waits for clearer signs on President...
Fed in no hurry for rate cuts: Jerome Powell hints no change in US central bank’s policy stance
Federal Reserve Chair Jerome Powell announced that the US central bank will be keeping its interest rates unchanged for now, citing inflation...
US stocks dip despite larger Fed interest rate cut
On Wednesday, Wall Street stocks experienced a slight decline following the Federal Reserve's announcement of a half-percentage-point interest rate cut. The central bank's chair,...
