US Fed policy outlook: Fed chair Jerome Powell says central bank...

US Fed policy outlook: Fed chair Jerome Powell says central bank must remain ‘non-political’ as Donald Trump pressure mounts, rate cut still not ruled out

Posted

Jerome Powell highlights the importance of the Federal Reserve's independence. This comes as Donald Trump pushes for interest rate cuts. Powell says the Fed is focused on economic stability for everyone. The Fed is holding rates steady due to trade policy uncertainty. Inflation may rise this summer. A rate cut in July is not off the table.

Read Full Article

Effettua l'accesso per mettere mi piace, condividere e commentare!

National

Night traffic on BP Highway prohibited for another month

KATHMANDU: The ban on passenger vehicles entering Kathmandu via the BP Highway from Khurkot in...

By 0 10

International

Chile detains teen aviator from US after landing in Antarctica

Ethan Guo, a 19-year-old content creator, was detained by Chilean authorities for landing his...

By 0 14

International

Could the electric hydrofoil ferry change the way we commute?

Ferries are experiencing a resurgence due to urban congestion and waterfront revitalization, yet...

By 0 12

International

Eat butter in peace, or be toast in war

Ukraine's struggle highlights the guns versus butter dilemma, diverting crucial funds from...

By 0 12

International

Israeli strike kills 20 in Gaza; Trump says expects Hamas reply to truce proposal soon

An Israeli airstrike in Gaza resulted in at least 20 Palestinian deaths, according to local...

By 0 14