No hurry to cut interest rates, US Fed Chair indicates

Mar 30, 2024

The Federal Reserve's preferred inflation gauge, the Personal Consumption Expenditures price index, was up 2.5% for the 12 months.

US Fed Chair indicates no rush in cutting interest rates

Mar 06, 2024

Reducing policy restraint too soon or too much could result in a reversal of progress was made in terms of inflation and ultimately require...

Banking sector crisis in US tightened credit conditions: Fed Chair

May 04, 2023

The recent banking crisis in the US appears to have resulted in tighter credit conditions and they are likely to hurt economic activities, said...

Future rate cuts may delay, US Fed chair signals cautious approach

Nov 15, 2024

The Federal Reserve Chair, Jerome Powell, indicated that the anticipated rate cuts may be delayed, as the US economy continues to show signs of...

US Senate confirms Powell to second term as Fed chair amid inflation

May 12, 2022

Washington [US], May 13 (ANI/Sputnik): The US Senate on Thursday voted to confirm Jerome Powell as chairman of the Federal Reserve, making official his...

Interest rates "likely to be higher" than previously anticipated: US Fed chair

Mar 08, 2023

Consumer inflation in the US moderated to 6.4 per cent in January from 6.5 per cent in December, and 7.1 per cent the previous...