Federal Reserve Chairman Jerome Powell is holding a press conference to brief the public on the Fed's decision regarding interest rates.
The Fed will announce whether it will raise interest rates at 2 p.m. and brief the public on the decision half an hour later. Powell will explain and take questions about the decision at a Fed press conference.
The Fed has raised interest rates for more than a year in an effort to combat inflation. Despite this, it is finally expected to keep interest rates stable, following a cooling of inflation.Several promising economic figures were released in June, showing positive trends in the producer price index and consumer price index.
France Dernières Nouvelles, France Actualités
Similar News:Vous pouvez également lire des articles d'actualité similaires à celui-ci que nous avons collectés auprès d'autres sources d'information.
How Jerome Powell Became the U.S.’s Most Powerful Economic VoiceJerome Powell appears to hold the country’s economic health in his hands. It’s a coveted role that has earned him both praise and criticism. Here’s how balancing aggressive and conservative policy got him to the top.
Lire la suite »
Bitcoin stays flat at $26K after PPL data as markets await Fed’s PowellBitcoin traders hope Fed Chair Powell will be able to induce some BTC price volatility.
Lire la suite »
U.S. stocks typically climb on Fed days, but the trend is weaker under PowellHow might U.S. stocks react if the Federal Reserve leaves interest rates on hold when its June policy meeting concludes on Wednesday?
Lire la suite »
Fed Chair Powell may try his best to make a July hike seem likely – CommerzbankUlrich Leuchtmann, Head of FX and Commodity Research, analyzes USD outlook ahead of FOMC. Currency market should not overlook the obvious contradictio
Lire la suite »
WATCH LIVE: White House holds press briefing ahead of Fed interest rate decisionWATCH LIVE at 1:45 p.m. EDT: The White House is holding a press briefing before the Federal Reserve's decision on whether to raise interest rates.
Lire la suite »
Federal Reserve expected to skip interest rate hike as it evaluates state of the economyThe Federal Reserve is likely to signal that, if necessary, it will increase interest rates in order to cool the economy. But experts believe the central bank is likely to say it will take a wait-and-see approach.
Lire la suite »