Federal Reserve Chair Jerome Powell signaled policymakers will wait for clearer signs of lower inflation before cutting interest rates, even though a recent bump in prices didn’t alter their broader trajectory.
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Powell at Macroeconomics & Monetary Policy Conference: Top takeawaysFederal Reserve Chair Jerome Powell spoke on Friday, March 29, at the Macroeconomics and Monetary Policy Conference at the Federal Reserve Bank of San...
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Fed’s Powell Ready to Support Job Market, Even If It Means Lingering InflationAs inflation surged in 2022, the Federal Reserve moved to prevent a wage-hike spiral by jacking up interest rates. Now, with unemployment edging up, the central bank is signaling a willingness to cut rates to head off a job-cutting spiral – even if that means somewhat higher inflation for a while.
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Fed Chair Powell says pandemic has had lasting effects on economyThe Kitco News Team brings you the latest news, videos, analysis and opinions regarding Precious Metals, Crypto, Mining, World Markets and Global Economy.
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Markets today: Stocks churn before Fed with Powell as 'wild card'Wall Street traders refrained from making any big bets ahead of the U.S. Federal Reserve decision as they braced for whether Jerome Powell will throw cold water on rate-cut hopes.
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U.S. Fed Chair Powell's testimony to be watched for any hint on rate-cut timingWith the economy and inflation running hotter than expected, those questions will seize attention Wednesday, when U.S. Fed Chair Jerome Powell begins two days of testimony to Congress.
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Gold price remains strong as Fed Chair Powell sings the same songThe Kitco News Team brings you the latest news, videos, analysis and opinions regarding Precious Metals, Crypto, Mining, World Markets and Global Economy.
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