Fed, Interest Rate
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Fed Chair Jerome Powell stays silent on the central bank's monetary policy and interest rate cut decisions in today's meeting.
The Australian Dollar (AUD) moves little after registering losses in the previous three consecutive sessions, trading around 0.6520 during the Asian hours on Tuesday. The pair faced challenges as the US Dollar (USD) rose on the trade deal between the United States (US) and the European Union (EU).
The dollar rose against the euro due to U.S. trade talk progress but fell against the yen, influenced by Japan's interest rate prospects. Political uncertainty in Japan and upcoming ECB decisions also affected currency markets,
The dollar hit a one-month high versus the euro on Tuesday in the wake of a string of trade agreements between the United States and its major trade partners, even as markets await interest decisions from the Federal Reserve.
On Thursday, staff at the Federal Reserve led a small group of journalists, photographers and television cameras on an extensive tour of the large, active construction site that comprises two 1930s-era buildings.
President Donald Trump has pushed for the Federal Reserve to lower interest rates by “a full point” in order to juice the economy as inflation hovers close to its target level. But Fed Chair ...
Fed Chair Jerome Powell has come under pressure from President Trump to lower interest rates. AP “Nothing is burning on either side such that it suggests there’s a rush to act,” he said ...
President Trump hinted at possibly firing Federal Reserve Chair Jerome Powell over disagreements on interest rates and alleged mismanagement of a Fed renovation project. Despite private discussions leaning towards removal,
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The Nation UAE on MSNInterest rate must be reduced to single digit for sustainable growth: ZahidFederation of Pakistan Chambers of Commerce and Industry (FPCCI) former vice president Zahid Iqbal Chaudhry has said that the persistently high interest rate remains one of the major impediments to Pakistan's economic revival and industrial expansion.
The Bank of England will delay the announcement of its latest interest rate decision by two minutes on Thursday, publishing the decision at 1102 GMT rather than 1100 GMT, the bank said on Tuesday.