Powell’s pivotal speech Friday could see a marked shift from what he’s done in the past
Federal Reserve Chairman Jerome Powell testifies before the House Committee on Financial Services June 21, 2023 in Washington, DC. Powell ...
Tag: Central banking
Fed Chair Powell calls inflation ‘too high’ and warns that ‘we are prepared to raise rates further’
Federal Reserve Chair Jerome Powell on Friday called for more vigilance in the fight against inflation, warning that additional interest ...
China’s deflation could spill over into a global concern, economists say
SHENZHEN, CHINA - MARCH 09: View of high commercial and residential buildings on March 9, 2016 in Shenzhen, China. General ...
UBS ends Credit Suisse’s government and central bank protections
The logos of Swiss banks Credit Suisse and UBS on March 16, 2023 in Zurich, Switzerland.Arnd Wiegmann | Getty Images ...
Singapore’s UOB expects ‘some upside’ to interest income after Fed rate hike
Singapore's United Overseas Bank is expecting "some upside" in interest income in the next quarter, after the U.S. Federal Reserve ...
Fed approves hike that takes interest rates to highest level in more than 22 years
WASHINGTON – The Federal Reserve on Wednesday approved a much-anticipated interest rate hike that takes benchmark borrowing costs to their ...
St. Louis Fed President Bullard says he’s stepping down in August
James Bullard, president and chief executive officer of the Federal Reserve Bank of St. Louis, delivers a speech in London, ...
Oil plunge, tech collapse and Fed cuts? Strategist shares possible 2023 market ‘surprises’
A trader works on the floor of the New York Stock Exchange (NYSE) in New York City, August 29, 2022.Brendan ...
