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Powell reaffirms wait-and-see posture on rate cuts, citing solid economy
The Fed chair is set to testify Tuesday before the House Financial Services Committee. The hearings follow an emerging rift ...
Shanghai Metals Market9m
Powell Reiterates US Fed Will Adopt a Wait-and-See Approach Before Cutting Interest Rates, Until Tariff Impact Clearly Emerges
Despite pressure from US President Trump, who has repeatedly called for interest rate cuts in recent days, Powell reiterated in his testimony that: the Fed is currently in a favourable position and ...
Korea JoongAng Daily on MSN17m
Powell says Fed rate cut is on hold even as Trump demands cuts
The Federal Reserve will continue to wait and see how the economy evolves before deciding whether to reduce its key interest ...
Shanghai Metals Market31m
"Support Powell! US Fed Governor: Tariffs Expected to 'Persistently' Drive Up Inflation, Should Continue to Wait and See"
Since taking office, President Trump has consistently "blamed" Powell and pressured the Fed to call for interest rate cuts. Before Powell's hearing, Trump again lashed out on social media, saying that ...
Business Recorder34m
Dollar drops after ceasefire announcement
NEW YORK: The dollar was broadly lower on Tuesday after the announcement of a ceasefire between Israel and Iran and as ...