Federal Reserve Chair Jerome Powell said on Thursday at an event in Dallas that with the economy growing steadily, a strong job market, and inflation still above the 2% target, there’s no need for the ...
Apart from Fed Chair Powell’s speech, investors will closely watch BOJ plans of rate hikes as the Yen carry trade unwinding led to major havoc in the market last month.
Powell also said it is too soon to say how policies of the incoming Trump administration would reshape economic prospects. Here is a transcript: JEROME H. POWELL: Good afternoon. My colleagues and ...
Federal Reserve Chairman Jerome Powell said Thursday that he would not step down from his position if President-elect Donald Trump asked for his resignation. When asked by reporters if he would ...
Fed Chair Jerome H. Powell said in a news conference after the meeting that inflation has “eased significantly over the past two years” and that he was confident it would continue to do so ...