Featured Sterling steady as investors await inflation data Aya El Sayed Feb 12, 2025 0 The pound sterling held steady on Wednesday, trading at $1.2443 against the dollar and dipping slightly to 83.37…
Money Powell: Tariff effects remain uncertain with a wide range of possibilities Yomna Yasser Jan 29, 2025 0 US Federal Reserve Chair Jerome Powell said on Wednesday the potential effects of tariffs are highly unpredictable,…
Money US Fed in no rush to cut rates again – Powell Yomna Yasser Jan 29, 2025 0 US Federal Reserve Chair Jerome Powell made it clear that the central bank is in no rush to adjust its monetary…
Featured Fed’s Powell: Too soon to assess impact of Trump’s policies on economy Yomna Yasser Dec 18, 2024 0 US Federal Reserve Chairman Jerome Powell stated on Wednesday that it remains too soon to determine how…
Money US Fed is not ‘looking for a law change’ to own bitcoin Yomna Yasser Dec 18, 2024 0 US Federal Reserve Chair Jerome Powell said on Wednesday that the central bank has no plans to add bitcoin to its…
Featured Powell describes Wednesday’s rate cut a ‘closer call’ but ‘right call’ Yomna Yasser Dec 18, 2024 0 US Federal Reserve Chair Jerome Powell described Wednesday’s decision to cut interest rates as a “closer call,”…
Featured Sterling hits 2.5-year high against euro Aya El Sayed Dec 10, 2024 0 The pound sterling reached its highest level against the euro in over two and a half years on Tuesday, bolstered by…
Featured Trump says he won’t replace Fed Chair Powell Yomna Yasser Dec 8, 2024 0 US President-elect Donald Trump stated in an interview aired Sunday that he does not intend to replace Federal…
Featured Sterling drops against euro, dollar on Monday Aya El Sayed Oct 7, 2024 0 Sterling fell 0.2 per cent to $1.3090 on Monday, continuing its decline after last week's significant drop, the…
Featured Rate cut is a ‘recalibration’ of US Fed policy – Powell Yomna Yasser & Aya Anwar Sep 18, 2024 0 US Federal Reserve Chair Jerome Powell described the latest rate cut as a “recalibration” of the central bank’s…