EMEA Morning Briefing: U.S. CPI Data Awaited
Tariff hikes could give Fed officials reason to drag their feet on rate cuts even if first-quarter inflation readings don't punch them in the nose again. "It probably biases them to just be a little ...
Oil prices retreat after report of US crude stockpile rise
OIL prices edged down on Wednesday as an industry report showed an increase in U.S. crude stockpiles and tariff worries ...
Powell Urges Patience on Rate Cuts. He Speaks With the House Next.
Live coverage of Fed Chair Jerome Powell's semiannual address to Congress. He spoke to the Senate on Tuesday and will speak ...
CPI, Powell testimony, and oil data in focus for Wednesday
As traders approach another pivotal day for financial markets, Wednesday, February 12, 2025, brings a series of crucial economic data releases and decisions that could sway market dynamics. The ...
Fed Chair Shows Little Urgency to Lower Rates
Jerome H. Powell testifies as inflation risks are resurfacing, regulatory changes are in flux and the Federal Reserve’s ...
Oil prices climb to 2-week high on supply worries, US tariffs check gains
Oil prices climbed about 2% on Tuesday to a two-week high, as sanctions raised concerns about Russian and Iranian oil ...
Fed's Powell, quizzed about trade, Musk, and bank safety, says economy is fine
U.S. Federal Reserve Chair Jerome Powell, in his first appearance before Congress since the inauguration, vouched for the ...
Fed’s Powell sidesteps Trump’s tariff policies, repeats support for free trade
Federal Reserve Chairman Jerome H. Powell treaded carefully Tuesday around questions about President Donald Trump’s new trade ...
Powell says Fed 'well positioned' for the 'risks and uncertainties' that lie ahead
The Federal Reserve is prepared to keep its key interest rate unchanged for now as inflation remains elevated and the job ...
Fed’s Powell hints at no interest rate cut in March
The US central bank is in no rush to slash interest rates any time soon, Federal Reserve Chair Jerome Powell told lawmakers Tuesday.
Powell Tells Congress Fed Still in No Rush to Lower Rates
Federal Reserve Chair Jerome Powell said the central bank doesn’t need to rush to adjust interest rates, again signaling that ...
Watch Fed Chair Powell testify live before the Senate Banking Committee
US Federal Reserve Chairman Jerome Powell speaks during a news conference at the end of the two-day Federal Open Market ...