Oil prices hold gains buoyed by Chinese trade data
Oil prices remained steady on Thursday, buoyed by positive Chinese trade data and a smaller-than-expected increase…
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Jerome Powell
Asia stocks rise, gold drifts after record peak
Asian stocks climbed on Wednesday as investors looked for guidance from Beijing during its week-long annual session…
Fed officials express concerns over rapid rate cuts
Most Federal Reserve officials warned against rushing to lower interest rates during their recent policy meeting,…
U.S. Fed raises rates for the seventh time in a row
The U.S. Federal Reserve has on Wednesday increased its interest rates for the seventh time in a row this year,…
European markets end lower after Fed’s Powell warns
European markets end lower on Friday following the Federal Reserve meeting, while the chairman Jerome Powell warned…
Fed Chairman says low interest rates could last for years
Interest rates are likely to stay low for years as the economy fights its way back from the coronavirus pandemic,…
Fed Chair Powell: coronavirus has led to shortage of physical cash at U.S. banks
U.S. Federal Reserve (Fed) Chairman Jerome Powell told lawmakers on Wednesday that circulation of physical U.S.…
U.S. full economic recovery may need a coronavirus vaccine; says Fed’s Powell
U.S. full economic recovery may require the arrival of a coronavirus vaccine, said the country’s Federal Reserve…
Fed’s Powell may squash idea of negative rates, even as Trump says US would benefit
Federal Reserve Chairman Jerome Powell is expected to strongly oppose the idea of negative interest rates when he…
U.S. market rally soon tested by a big Trump speech, Fed chief testimony
Progress in trade talks between U.S. and China as well as a steady, but accommodative Fed policy have eased the way…