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Jerome Powell
May PCE report shows stubborn inflation, forcing Fed to rethink summer...
The Federal Reserve’s preferred inflation measure edged higher in May, offering a sobering reminder that while overall price pressures are cooling, core inflation remains...
Oil prices increase as Opec plus cuts production by 2.2 million...
Oil prices up as OPEC+ agrees 2.2 million-barrel-per-day extension of production cuts, amidst weak demand; gold holds steady ahead of US presidential election and potential Federal Reserve interest rate cuts
Powell admits interest rates should not be raised further to fight...
Speaking at a monetary conference in Washington, the central bank chief noted that the Fed's initiatives used to deal with the problems of mid-sized...
The Fed is ready to take tougher measures to control inflation
Federal Reserve Chairman Jerome Powell told lawmakers on Tuesday that interest rates are likely to be raised more than expected.Speaking at a hearing before...
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Just In
Syria confirms indirect talks with Israel as Israel denies involvement
Syria’s interim President Ahmed Ash‑Sharaa has officially confirmed for the first time that his government is engaged in indirect talks with Israel, seeking to...
NATO commander says Ukraine can win the war
General Alexus Grynkewich, the new Supreme Allied Commander Europe and head of the US European Command, told senators on Tuesday that he believes Ukraine...
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