Page 8 - Jerome Powell

Jerome Powell says 'time has come' for US Fed to cut interest rates

Swaps traders held roughly steady in their pricing, with the total rate cuts they foresee through the end of 2024 at about 102 basis points

With Fed rate cut set, Powell to focus on explaining US economic conditions

Powell instead could provide some background for the public and markets to understand how the Fed will respond as the economy evolves

Yen firms after BOJ's Ueda flags readiness to hike; markets await Powell

Bouts of Japanese interventions and the interest rate hike in July tripped up investors who unwound the popular carry trade, in which traders borrowed yen to finance high-yielding assets

Rupee to inch up, traders await cues from Powell on interest rate cuts

The rupee has been a laggard in Asia, not benefitting from the increased confidence of the Fed cutting rates at each of the remaining three meetings this year

Gold price dips Rs 10 to Rs 72,860, silver falls Rs 100 to Rs 86,900

The price of 22-carat gold fell Rs 10, with ten grams of the yellow metal selling at Rs 66,790

As US economy, Fed approach crossroads, all eyes on Powell, Jackson Hole

On Friday, Powell will again deliver his most important policy speech of the year from that closely watched stage

Fed chief Powell confronts policy crossroads with all eyes on Jackson Hole

The hotly anticipated speech at the Fed's annual gathering in Jackson Hole, Wyoming, comes at a high stakes moment for the US central bank and the $27 trillion Treasury market

Gold price dips Rs 10 to Rs 72,640, silver rises Rs 100 to Rs 87,100

The price of 22-carat gold fell Rs 10, with ten grams of the yellow metal selling at Rs 66,590

Dollar hits seven-month low on rate cut bets, Powell speech in focus

Investors largely expect Powell to acknowledge the case for a rate cut and will parse his words for cues

Dollar remains steady as market awaits FOMC minutes, Powell's comments

Financial markets had a turbulent start to August after a slew of softer-than-expected US economic data

Federal Reserve's policymakers signal rate cuts ahead, but not recession

US stocks fell steeply on Monday amid fears the US central bank has waited too long to begin cutting interest rates

Considering Jamie Dimon for US Treasury, won't oust Fed's Powell: Trump

Powell said on Monday he has no plans to leave his post as head of the US central bank before his term expires

US Fed Chairman Powell opens key week of Fedspeak as rate cut case develops

The Fed meets July 30-31, but under the central bank's rules policymakers can't comment about monetary policy from this Saturday, July 20, until the Friday after the meeting

Gold price slips Rs 10 to Rs 73,190, silverfalls Rs 100 to Rs 95,400

The price of 22-carat gold also slipped Rs 10, with the yellow metal trading at Rs 67,090

Asian shares edge higher, markets hope for dovish stance from Powell

Chinese blue chips edged up 0.1%, while Hong Kong's Hang Seng index was flat

Gold price dips Rs 10 to Rs 73,570, silver rise Rs 100 to Rs 95,100

The price of 22-carat gold also slipped Rs 10, with the yellow metal trading at Rs 67,440

Asia shares inch higher as investors confident about US Fed's Sept rate cut

Oil prices gained on strong summer fuel demand and potential supply disruptions from Gulf of Mexico hurricanes

Fed officials at last meeting saw price pressures in decline, minutes show

Data released on June 12 showed the CPI had not risen at all in May on a month-to-month basis

Fed needs more evidence of falling inflation before cutting rates: Powell

Data for May showed the Fed's preferred measure of inflation did not increase at all that month, while the 12-month rate of price increases has ebbed to 2.6%

As global central banks consider rate cuts, inflation worries loom

Canada and the European Central Bank have been the first ones to introduce rate cuts, however, they have expressed their concerns about inflation