The Federal Reserve submitted a written report to lawmakers last week outlining the state of the economy, giving an insight into Powell's testimony. The report described inflation as running ...
Powell stayed on message during the first day of his twice-yearly testimony before Congress, dodging politically fraught questions and sticking to the state of the economy, monetary policy plans ...
In testimony on Tuesday, Powell told the Senate Banking Committee that Fed officials do not need to be in a hurry to adjust interest rates. He did not mention the possibility of hiking rates as a ...
which did not occur on the first day of testimony by Powell and Yellin. As of 5:42 PM EST, gold futures basis, the most active April 2021 contract, is currently fixed at $1733.40, after factoring ...
Treasury yields decline ahead of Chair Powell's House address today and inflation data later this week. At the Senate yesterday, Powell seemed to be moving closer to an interest rate cut ...
with investors looking ahead to a busy week of inflation data and congressional testimony by Federal Reserve Chair Jerome Powell. Trump on Sunday said he planned to impose tariffs on all steel and ...
Fed Chair Jerome Powell’s testimony before the Senate Banking Committee earlier today went without surprise. He said once again that the U.S. economy was “strong overall,” and again asserted ...
Coming up: Big Bank earnings, Fed Chair Powell testimony and CPI inflation data Terry has 25 years experience in journalism and communications, reporting on a range of topics that include personal ...
Powell’s testimony and inflation data could shape Bitcoin’s next move, with rate cut delays posing risks. Technical charts suggest a potential breakout, with BTC eyeing the $125K–$135K range ...
Stocks hit their session lows Wednesday just as Federal Reserve Chair Jerome Powell began his testimony in front of Congress. However, the main indexes quickly rebounded and climbed higher into ...