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Fed Chair Says Central Bank Need Not ‘Hurry’ to Cut Rates
There is a risk that the central bank ... set policy with an eye on the economy, not politics. Mr. Powell did not specifically reference Mr. Trump’s comments, but he did reiterate the Fed ... Read More
Colombia's central bank seen cutting benchmark interest rate to 11.75% in April
The board of Colombia's central bank is forecast to cut its benchmark interest rate by 50 basis points for a second consecutive month at its April meeting, to support the country's economic recovery ... Read More
Fed officials consider leaving rates higher for longer
Atlanta Fed President Raphael Bostic delivered a similar sentiment Wednesday, suggesting the central bank would only make ... over the course of the Fed’s monetary tightening, with unemployment ... Read More
European Central Bank opens door for rate move as world's central banks wrestle with when to cut
The European Central Bank signalled Thursday it could cut interest rates at its next meeting in June, a big step as the rich world's central banks, including the U.S. Federal Reserve, wrestle with how ... Read More
When will the Fed cut rates? Maybe not in 2024, one Fed official cautions
Kashkari's comments come a day after Fed Chair Jerome Powell said the central bank is likely ... where she covers business and personal finance. She previously worked at Bloomberg News and has ... Read More
Fed's balancing act could see June rate cut in play even with sticky inflation
WASHINGTON: Federal Reserve Chair Jerome Powell says the central bank is not growing more tolerant ... the year without triggering a tougher monetary-policy response. But former Fed officials ... Read More
Fed lifts rates, door open to another hike
“The (Federal Open Market) Committee will continue to assess additional information and its implications for monetary policy ... Taylor Swift concerts that earned a mention in the central bank ... Read More
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© 2024 American City Business Journals. All rights reserved. Use of and/or registration on any portion of this site constitutes acceptance of our User Agreement ... Read More
Fed Chair Jerome Powell pumps brakes on rate cuts
The Fed’s next rate decision will take place at the beginning of May. On Wednesday, Powell said the central bank faces risks ... “As conditions evolve, monetary policy is well prepared to ... Read More
RBI monetary policy: Stock markets take central bank's cautious optimism in their stride
The Reserve Bank of India’s Monetary Policy Committee (RBI MPC ... The prospects of fixed investment remain bright with business optimism, healthy corporate and bank balance sheets, robust ... Read More
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