Page 14 - Jerome Powell

Fed's Powell: Important for US to get digital currency right than be first

Powell said it is vital the Fed assess what impact a CBDC might have on a range of critical issues

US economy highly uncertain despite marked improvement: Fed's Powell

Mnuchin, in prepared remarks to the Democratic-controlled committee, said he felt the economy "will see tremendous third-quarter growth"

Powell says central bank committed to using all tools to help recovery

The Federal Reserve remains committed to using all the tools at its disposal to help the US economy recover from the blow delivered by the coronavirus pandemic, Chair Jerome Powell said

Federal Reserve weighs bank dividends as it prepares second stress test

The central bank said it will release the results of the new analysis by the end of 2020

Federal Reserve vows to keep interest rates near zero until inflation rises

The Fed's decision drew two dissents, one from a policymaker who thought it went too far, and the other from one who thought it didn't go far enough

Asian stocks cheer upbeat data but temper appetite ahead of US Fed meeting

The Fed is due to announce its decision on Wednesday, followed by a news conference from Jerome Powell

Rates to stay low for 'however long it takes': US Fed Chair Jerome Powell

Jerome Powell said the US jobs report for August was "a good one," but noted that with gains likely to slow, the central bank is planning to keep its foot on the monetary policy gas pedal for years

Managing markets

Bond and currency markets would increase policy difficulties

Gold holds steady on softer dollar, investors eye Fed Chair Powell's speech

Gold prices were mostly unchanged after rising more than 1% in the previous session on weaker US dollar, as investors awaited a speech from Federal Reserve Chairman Jerome Powell due later in the day

Framework review complete, Powell starts hard sell for higher inflation

On Thursday, Fed Chair Jerome Powell begins what may be the tougher task: convincing the public that the central bank can and will deliver in the wake of a pandemic

Gold prices fall to Rs 51,454 per 10 gram, silver plunges to Rs 64,594 a kg

In New Delhi, prices of 22-carat gold plunged sharply to Rs 51,250 from Rs 51,700 per 10 gram in the previous trade while price of 24-carat was at Rs 54,870

Gold ticks higher as dollar slips; focus turns to Fed Chair Powell's speech

Spot gold was up 0.2% to $1,935.88 per ounce by 0335 GMT. U.S. gold futures gained 0.1% at $1,941.60

Fed chief Powell says coronavirus surge slowing US economic recovery

Powell's comments, made via videoconference after the Fed announced its policy decision to leave interest rates near zero, suggest dimming hopes for a quick economic rebound

US economy likely suffered historic plunge in Q2; outlook grim due to virus

Federal Reserve Chair Jerome Powell on Wednesday acknowledged the slowdown in activity

'Extraordinarily uncertain': Fed chief Powell on outlook for US economy

Fed Chairman Jerome Powell said the outlook for the US economy was 'extraordinarily uncertain' and the success of the recovery effort would depend on its ability to contain the coronavirus spread

US Federal Reserve's balance sheet shrinks for first time since February

The Fed's balance sheet fell to $7.14 trillion on June 17 from $7.22 trillion a week earlier

Indices tumble as worries over second wave of infections cloud sentiment

Fed's assessment of a long-lasting damage to US economy dented risk appetite

Emerging-market rally seen unstoppable as traders turn to Powell

JPMorgan's measure of implied volatility for EM currencies had its biggest weekly drop since 2011

Second wave of Covid-19 could derail US economic recovery: Fed chief Powell

Powell believes that the second wave of coronavirus cases would dampen consumer confidence and hurt economic recovery

US economy to recover from Covid-19 shock by end of 2021: Fed Chief Powell

The US has expressed disappointment over China's handling of the Covid-19 which has claimed nearly 90,000 lives in America