Fed's Powell says central bank still has access to data it needs
Federal Reserve Chairman Jerome Powell said Wednesday the central bank has not been cut off from any data it needs to do its work.
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 congressional hearing convened shortly after data showed U.S. consumer prices rose faster than expected in January in a sign progress on inflation may remain stalled.
Powell says today’s CPI data shows Fed is ‘close but not there on inflation’
Fed Chairman Jerome Powell said Wednesday that the January CPI data fit with an overall picture that the Fed is “close but not there on inflation.” “Today’s report says the same thing,” he added. Last year,
Fed's Powell heads to Congress with good data in hand but rising uncertainty
Federal Reserve Chair Jerome Powell begins two days of hearings on Capitol Hill on Tuesday with the economy around full employment, inflation expected to ease, and intense uncertainty about how all that will hold up under Trump administration trade and other policies that are still unfolding.
Key takeaways from Fed Chair Jerome Powell’s congressional hearing
America’s central bank is in no rush to slash interest rates any time soon, Federal Reserve Chair Jerome Powell told lawmakers Tuesday. Powell also faced a barrage of questions about the Consumer Financial Protection Bureau,
India's central bank boosts long-term liquidity infusion again
India's central bank on Wednesday surprised markets by announcing another liquidity infusion this week as it aims to inject ...
Chile Central Bank Sets Hawkish Tone, Warns of CPI Risks
Chile’s central bank turned more hawkish in the minutes of its latest meeting, saying it would do whatever it takes to bring ...
Gold Hits An All-Time Record $2865/Oz Thanks To Central Bank Buying
Central banks stormed back into the gold market in the final three months of last year, playing a key role in the metal ...
Factbox-India's central bank begins unwinding curbs on NBFCs and banks
The Reserve Bank of India has started to ease curbs on non-banking financial companies (NBFCs) and banks after they improved ...
Cyprus Mail on MSN4h
Central Bank calls for more due diligence for the politically exposed
Banks in Cyprus must implement increased due diligence measures when conducting background checks on politically exposed ...
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Poland Central Bank Will Not Buy Bitcoin 'Under Any Circumstances'
The National Bank of Poland has said it will not buy Bitcoin "under any circumstances" as its EU neighbors weigh using it as ...
India's central bank removes restrictions on Kotak Mahindra Bank onboarding customers online
India's central bank on Wednesday lifted restrictions on Kotak Mahindra Bank that had barred the lender from onboarding new ...
Czech central bank cuts key interest rate to 3.75% as inflation stays higher than expected
PRAGUE -- The Czech Republic’s central bank cut its key interest rate again Thursday with inflation higher than expected ...
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Diverging From the Fed, E.C.B. Cuts Interest Rates as Growth Stagnates
The European Central Bank’s reduction, the fifth consecutive cut since last summer, came a day after the U.S. Federal Reserve held interest rates. By Eshe Nelson Reporting from London The ...
Mexico Inflation Slows in January as Central Bank Steps up Rate Cuts
In Latin America's second-largest economy, the headline annual inflation rate hit 3.59% in January, statistics agency INEGI ...
European Central bank cuts benchmark rate by a quarter percentage point to boost stagnant economy
The European Central Bank is cutting its key interest rate, a step to boost an economy that’s struggling to grow as consumers ...
Monetary policy is well-positioned, New York Fed's Williams says
The Federal Reserve's monetary is well-positioned to achieve the central banks' maximum employment and price stability mandate, said John C. Williams, president of the Federal Reserve Bank of New York ...