Federal Reserve Chair Jerome Powell returns to Congress following January inflation spike
The change was slightly above analysts' expectations and is likely to bolster reluctance at the Fed to cut interest rates any further.
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Europe stocks close higher after hotter-than-expected U.S. inflation print; Heineken up 14%
European markets closed slightly higher on Wednesday as global markets assessed the latest inflation reading out of the U.S.
Hopes for more Fed rate cuts dim as Powell notes hot CPI means ‘we're not quite there yet'
A Fed interest rate cut won’t be coming until at least September, if at all this year, following a troubling inflation report ...
US Inflation Jump Puts Fed Officials on Notice as Powell Testifies
U.S. Federal Reserve Chair Jerome Powell walks to testifying before a Senate Banking, Housing and Urban Affairs Committee ...
Fed's Powell heads back to Congress as data shows inflation jump in January
Federal Reserve Chair Jerome Powell repeated on Wednesday that the central bank is in no rush to cut interest rates during a ...
Powell says Trump's comments won't affect interest rate decisions by the Fed
Federal Reserve Chair Jerome Powell said Wednesday that President Donald Trump's calls for lower interest rates won't lead ...
EUR/USD gains as US Dollar drops ahead of Fed Powell’s testimony
EUR/USD rises to near 1.0330 in Tuesday’s North American session as the US Dollar (USD) drops ahead of the Federal Reserve (Fed) Chair Jerome Powell’s testimony before Congress at 15:00 GMT. The US ...
US Dollar turns down as markets await fresh clues from Powell
The US Dollar Index remains under pressure, struggling to hold above 108.00 as sellers continue to dominate. The Relative ...
Arthur Hayes predicts Bitcoin to drop $75K before reaching $250K
Arthur Hayes predicts Bitcoin will first drop to $75K before surging to $250K, citing Trump’s economic policies, Fed tensions ...
Gold-Silver Ratio: Silver Breakout Incoming?
Silver remains historically undervalued compared to gold. As more investors recognize this discrepancy, demand for silver ...
Inflation rises 3% in January, hotter than expected
The Labor Department on Wednesday released the consumer price index for January, which showed that inflation remained elevated in as the Federal Reserve considers a continued pause on rate cuts.
Bond Traders Await Payrolls Print That May Vindicate Fed Caution
US Treasuries traded in a narrow range ahead of jobs data that may fuel bets policymakers will stay cautious, with ...