US Fed chief Jerome Powell tests positive for Covid

Jan 19, 2023

US Federal Reserve Chair Jerome Powell tested positive for Covid-19 and is experiencing "mild symptoms".

US Fed chief strongly signals rate cut in September, shifts focus from inflation to unemployment

Aug 23, 2024

US Federal Reserve Chair Jerome Powell gave a strong indication that it was time for the US central bank to reduce interest rates as...

US Fed says further interest rate hike unlikely going ahead

May 02, 2024

US Federal Reserve Chair Jerome Powell said a further interest rate hike from here is unlikely and the central bank is currently focused on...

US Fed vows to hold policy rate "as long as appropriate" to bring inflation down

May 02, 2024

US Federal Reserve Chair Jerome Powell said it was prepared to maintain the current interest rate for "as long as appropriate" so as to...

US Fed Chief Powell hints at September rate cut amid strong economic activity and lowering inflation

Aug 01, 2024

U.S. Federal Reserve Chair Jerome Powell hinted a possible interest rate cut in September if economic conditions align with expectations. The fed made these...

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...