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Keywords: Jerome Powell
President Donald Trump has stepped back from his previous threats to remove Jerome Powell as Chair of the Federal Reserve. His earlier criticism of Powell, particularly regarding interest rate decisions, had caused significant turbulence in financial markets. However, Trump clarified to reporters at......
President Donald Trump has declared "significant progress" in trade negotiations with Japan, stepping in unexpectedly during a session between U.S. and Japanese officials in Washington, DC. Despite ongoing uncertainty fueled by his administration’s aggressive tariff policies, Trump emphasized......
The Federal Reserve is poised to announce a quarter-point reduction in its benchmark interest rate, lowering it from approximately 4.6% to around 4.3%. While this marks a continuation of recent cuts, the pace of rate reductions is expected to slow in 2025, signaling a shift in the central bank's......
In a candid assessment, Jerome Powell, the Chair of the United States Federal Reserve, revealed that achieving confidence in slowing inflation towards the 2% target will take "longer than expected". During a round table discussion in Washington with his Canadian counterpart, Powell acknowledged......
U.S. Treasury bond yields rose on Friday after March employment data exceeded expectations. The yield on 10-year Treasury bonds increased by 7 basis points to 4.378%, while that of 2-year bonds rose to 4.715%. The U.S. economy added 303,000 nonfarm jobs last March, well above expectations, according......