Tag: Powell

Asia FX weakens, greenback sturdy after BoE hike, Powell feedback By Investing.com

© Reuters. Investing.com -- Most Asian currencies fell on Friday and the greenback strengthened after Federal Reserve Chair Jerome Powell reiterated the necessity for extra price hikes, whereas a bigger-than-expected price hike from...

Dow Jones Falls On Rising Jobless Claims; Powell Speech Now; Tesla Inventory Skids On Downgrade

The Dow Jones Industrial Common dropped Thursday, as buyers digested preliminary jobless claims knowledge. Fed Chair Jerome Powell started his financial coverage report back to the Senate Banking Committee. In the meantime, Tesla...

Fed sees stablecoin as type of cash, needs ‘sturdy’ function in its oversight, Powell says By Cointelegraph

The US Federal Reserve Board sees fee stablecoins as a type of cash, Chair Jerome Powell stated throughout questioning on the Home of Representatives Monetary Providers Committee’s semi-annual listening to on Fed coverage...

Greenback dips as Powell testimony disappoints hawks By Reuters

© Reuters. FILE PHOTO: U.S. greenback banknotes are seen on this illustration taken March 10, 2023. REUTERS/Dado Ruvic/Illustration//File Picture By Saqib Iqbal Ahmed NEW YORK (Reuters) -The U.S. greenback fell in opposition to a...

Greenback edges greater forward of Powell; sterling good points after CPI By Investing.com

Investing.com - The U.S. greenback steadied in early European commerce Wednesday forward of Federal Reserve Chair Jerome Powell's look earlier than Congress, whereas sterling gained with U.Okay. inflation remaining extremely elevated. At 02:00 ET...

Federal Reserve Chair Powell testifies Wednesday, 21 June. Mester, Goolsbee communicate additionally.

Powell will likely be questioned within the Senate at present. I believe the 2 focal factors of questioning will likely be why a pause in June and what's going to he do in...

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