US Fed meeting: What policy decisions to expect? Where to watch live?
3 months ago

US Fed meeting: What policy decisions to expect? Where to watch live?

Hindustan Times  

The US Federal Reserve Chairman Jerome Powell will announce key policy decisions on Thursday after a two-day Federal Open Market Committee meeting. U.S. Federal Reserve Chair Jerome Powell speaks during a press conference following a two-day meeting of the Federal Open Market Committee on interest rate policy in Washington. Experts would “As you get closer to the upper bound of those estimates, it makes sense from the Fed’s perspective to move more slowly as it assesses where it is in the policy cycle,” Tim Duy, chief US economist for SGH Macro Advisors, told Bloomberg. When the Fed reduces interest rates, it typically refers to the federal funds rate, the interest rate at which banks lend to each other overnight.

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History of this topic

US Fed keeps interest rates unchanged: Key takeaways from the meeting
3 days, 12 hours ago

US Fed keeps interest rates unchanged: Key takeaways from the meeting

India Today  

The US Federal Reserve has decided to keep interest rates steady, maintaining its benchmark rate in the range of 4.25-4.50%. Here are the key takeaways from the meeting: INTEREST RATES UNCHANGED The Federal Open Market Committee voted to keep interest rates unchanged. The Fed had previously signalled that it could consider rate cuts in 2025, but policymakers are closely watching …

US Federal Reserve Meeting: What to expect from FOMC? Check date, time, where to watch
4 days, 4 hours ago

US Federal Reserve Meeting: What to expect from FOMC? Check date, time, where to watch

Live Mint  

US Federal Reserve Meeting: The Federal Open Market Committee will meet on March 18 and 19 for its second monetary policy meeting of 2025. Amid increased market volatility caused by US President Donald Trump's newly implemented tariff policies, investors are closely watching the Federal Reserve's decision on benchmark interest rates. After the meeting concludes, US Federal Reserve Chair Jerome Powell …

Fed Chair Powell says he’s not worried about the economy amid Trump’s tariff chaos
2 weeks, 2 days ago

Fed Chair Powell says he’s not worried about the economy amid Trump’s tariff chaos

CNN  

Washington CNN — America is feeling uneasy about the Trump administration’s rapid-fire trade policy changes, but Federal Reserve Chair Jerome Powell said Friday he’s not worried. Factoring in Trump’s uncertainty Fed policymakers manage uncertainty by trying to predict the different ways the economy could evolve in the coming months, based on economic models using a vast array of data. “I’d …

Despite growth in economic activities Fed minutes signals rate cut on hold
1 month ago

Despite growth in economic activities Fed minutes signals rate cut on hold

Live Mint  

New Delhi, February 20 : The Federal Open Market Committee remains focused on its dual mandate of maximum employment and stable inflation at 2 per cent, according to the minutes of the latest meeting. The Federal Open Market Committee has decided to keep interest rates unchanged, signalling that a rate cut is not imminent. Additionally, the Board of Governors voted …

US Fed Meeting Minutes: Officials signal caution on interest rate amid inflation concerns
Trending News
1 month ago

US Fed Meeting Minutes: Officials signal caution on interest rate amid inflation concerns

Live Mint  

US Federal Reserve officials remain cautious about adjusting interest rates, emphasizing the need for further progress on inflation before making any changes, minutes from the Federal Open Market Committee’s January 28-29 meeting showed, according to a Bloomberg report. “Participants indicated that, provided the economy remained near maximum employment, they would want to see further progress on inflation before making additional …

Powell says Trump’s comments won’t affect interest rate decisions by the Fed
Trending News
1 month, 1 week ago

Powell says Trump’s comments won’t affect interest rate decisions by the Fed

Associated Press  

WASHINGTON — Federal Reserve Chair Jerome Powell said Wednesday that President Donald Trump’s calls for lower interest rates won’t lead the central bank to change its rate decisions. !” Yet Powell indicated during a press conference last month that the Fed, after cutting its key rate three times late last year, would hold off on further cuts as it waited …

‘US Fed ‘well positioned’ for risks amid Trump tariffs’: Jerome Powell reiterates ‘go-slow’ approach on rate cuts
1 month, 1 week ago

‘US Fed ‘well positioned’ for risks amid Trump tariffs’: Jerome Powell reiterates ‘go-slow’ approach on rate cuts

Live Mint  

US Federal Reserve Chair Jerome Powell reaffirmed the central bank’s cautious stance on interest rates during his testimony before Congress on Tuesday, stating that inflation remains elevated while the job market remains strong. Higher interest rates could prolong elevated mortgage rates and borrowing costs, though long-term Treasury yields, which influence mortgage rates, move independently of Fed decisions. Impact of Trump …

Jerome Powell says Fed 'well positioned' for 'risks' that lie ahead, will not change key interest rate
Trending News
1 month, 1 week ago

Jerome Powell says Fed 'well positioned' for 'risks' that lie ahead, will not change key interest rate

Hindustan Times  

The Federal Reserve is prepared to keep its key interest rate unchanged for now as inflation remains elevated and the job market is solid, Chair Jerome Powell said Tuesday on the first of a two-day appearance before Congress. Powell’s appearance comes with inflation still above the Fed’s 2% target and the Trump administration is upending many long-time U.S. policies by …

Powell says Fed is ‘well positioned’ for the ‘risks and uncertainties’ ahead
1 month, 1 week ago

Powell says Fed is ‘well positioned’ for the ‘risks and uncertainties’ ahead

LA Times  

Federal Reserve Chair Jerome H. Powell, shown at a news conference in January, told lawmakers Tuesday that the Fed is prepared to keep its key interest rate unchanged for now. Powell’s appearance comes with inflation still above the Fed’s 2% target and the Trump administration upending many longtime U.S. policies by imposing tariffs on steel and aluminum and seeking to …

Federal Reserve boss Jerome Powell defies Trump as US central bank leaves rates on hold
1 month, 3 weeks ago

Federal Reserve boss Jerome Powell defies Trump as US central bank leaves rates on hold

Daily Mail  

The US Federal Reserve chief Jerome Powell last night defied Donald Trump as the central bank left interest rates on hold and said that it was in no hurry to make further cuts. And he mounted a robust defence of the Fed’s independent decision-making, saying: ‘Don’t look for us to do anything else.’ In its first rates decision since Trump’s …

US Federal Reserve meeting today: Under pressure from Donald Trump, will Jerome Powell hold interest rates?
Trending News
1 month, 3 weeks ago

US Federal Reserve meeting today: Under pressure from Donald Trump, will Jerome Powell hold interest rates?

Hindustan Times  

The US Federal Reserve is set to announce its first monetary policy decision of 2025 on Wednesday that will also be the first time under the new Donald Trump administration. FILE PHOTO: US President Donald Trump looks on as Jerome Powell, his then-nominee to lead the US Federal Reserve, speaks at the White House in Washington DC in November 2017. …

Mint Quick Edit | Trump versus Powell on US Fed policy
1 month, 3 weeks ago

Mint Quick Edit | Trump versus Powell on US Fed policy

Live Mint  

Whether US President Donald Trump can bend America’s central bank to his will has been a subject of feverish global speculation. The Federal Reserve has autonomy, of course and, as its current chairperson Jerome Powell mentioned in a recent media interface, the White House cannot fire him under the law before his term ends in 2026. While the Fed did …

US FOMC to announce interest rate decision soon: Will Fed cut rates due to Trump pressure?
1 month, 3 weeks ago

US FOMC to announce interest rate decision soon: Will Fed cut rates due to Trump pressure?

Firstpost  

Last week, Trump revived his criticism of the Fed and its chair Jerome Powell, whom he first appointed to run the US central bank. ‘I’ll demand that interest rates drop immediately,’ he said After three interest rate cuts in a row, the US Federal Reserve is expected to take a breather on Wednesday and signal it will remain on pause …

Fed pauses interest rate cuts. What happens next may depend on Trump
1 month, 3 weeks ago

Fed pauses interest rate cuts. What happens next may depend on Trump

LA Times  

President Trump nominated Jerome Powell to be the Fed chair in 2017 but frequently criticized him for not lowering interest rates in Trump’s first term. After three successive interest rate cuts, the Federal Reserve on Wednesday made no change in its benchmark lending rate amid new economic uncertainties over the outlook for inflation and President Trump’s continued threats of new …

US Fed to unveil first interest rate decision for 2025 on Jan 29: Will Donald Trump’s remarks impact FOMC policy?
1 month, 3 weeks ago

US Fed to unveil first interest rate decision for 2025 on Jan 29: Will Donald Trump’s remarks impact FOMC policy?

Live Mint  

The US Federal Reserve will unveil its first monetary policy decision for 2025 on Wednesday, January 29. Regarding the current US Fed interest rates, Trump has said that he seeks to lower them by unleashing energy production and would speak to the US Federal Reserve if needed. How Donald Trump's remarks weigh on US Fed policy The US Federal Reserve …

Federal Reserve expected to stand pat on rates even as Donald Trump demands cuts
1 month, 3 weeks ago

Federal Reserve expected to stand pat on rates even as Donald Trump demands cuts

The Hindu  

The Federal Reserve is nearly certain to keep its key interest rate unchanged at its policy meeting this week, just a few days after President Donald Trump said he would soon demand lower rates. Some officials, including Beth Hammack, president of the Fed’s Cleveland branch, have argued that the persistence of inflation means the Fed should keep its key rate …

Federal Reserve expected to stand pat on rates even as Trump demands cuts
1 month, 3 weeks ago

Federal Reserve expected to stand pat on rates even as Trump demands cuts

Associated Press  

WASHINGTON — The Federal Reserve is nearly certain to keep its key interest rate unchanged at its policy meeting this week, just a few days after President Donald Trump said he would soon demand lower rates. Trump, last Thursday, made clear he expects to comment on interest-rate policy and said, “I know interest rates much better than they do.” At …

US Fed prepares to pause in first rate decision since Trump's inauguration
1 month, 3 weeks ago

US Fed prepares to pause in first rate decision since Trump's inauguration

New Indian Express  

WASHINGTON: The US Federal Reserve is expected to announce a pause in rate cuts on Wednesday, as policymakers look to continue tackling inflation under close and vocal scrutiny from President Donald Trump. The Fed cut its key lending rate by a full percentage point in the last four months of 2024 and indicated it would move more cautiously going forward …

Donald Trump hits out at US Federal Reserve Chairman Jerome Powell: ’I know interest rates better’
1 month, 3 weeks ago

Donald Trump hits out at US Federal Reserve Chairman Jerome Powell: ’I know interest rates better’

Live Mint  

US Fed vs Donald Trump: The US Federal Reserve is just a few days away from unveiling its first monetary policy decision for 2025, however US President Donald Trump has claimed that ‘he understands monetary policy and interest rates better than those charged with setting it’. Donald Trump on US Fed rate cuts At a White House event following those …

US Federal Reserve lowers interest rates, signals slower cuts for 2025
Trending News
3 months ago

US Federal Reserve lowers interest rates, signals slower cuts for 2025

India TV News  

The Federal Reserve cut its benchmark interest rate by a quarter for the third consecutive time. Future outlook: Moderate reductions expected by 2025 Another quarterly outlook indicated only two rate cuts in 2025, with officials predicting government rates to reach 3.75 per cent-4 per cent by the end of that year. Fed Governor Michelle Bowman warned that inflation would remain …

US Federal Reserve likely to cut interest rate for third straight time | Key points
3 months ago

US Federal Reserve likely to cut interest rate for third straight time | Key points

Hindustan Times  

The US Federal Reserve is likely to cut interest rate for a third straight time, when Fed officials meet in Washington on Wednesday. US Fed rate cut: Here's all you need to know The US central bank is widely expected to lower its benchmark rate by a quarter percentage point, Bloomberg reported. However, such a decision by the Fed would …

US Federal Reserve’s FOMC Meeting announcement today — when and where to watch
3 months ago

US Federal Reserve’s FOMC Meeting announcement today — when and where to watch

Live Mint  

The United States Federal Reserve Chairman Jerome Powell is scheduled to announce the Federal Open Market Committee's interest rate and policy decision later today on December 18. And at 2 pm ET or 1 am IST, Powell will address the media on the FOMC's policy and interest rate decisions. FOMC Meet — Expectations The US Fed began its deliberations for …

Jerome Powell-led FOMC meeting begins today: US inflation to GDP— 5 key indicators to watch
3 months ago

Jerome Powell-led FOMC meeting begins today: US inflation to GDP— 5 key indicators to watch

Live Mint  

The US Federal Reserve began its deliberations for the latest monetary policy decisions today, December 17, and will announce its new benchmark interest rate decision on Wednesday, December 18. The new US federal fund rate currently sits at 4.50 per cent—4.75 per cent after the central bank slashed its benchmark rate by 25 basis points during the November policy verdict. …

Wall Street week ahead: Spotlight on Federal Reserve’s last interest rate decision of 2024
3 months, 1 week ago

Wall Street week ahead: Spotlight on Federal Reserve’s last interest rate decision of 2024

Live Mint  

The spotlight on Wall Street in the week ahead will be on the US Federal Reserve’s last monetary policy decision of this year. Besides Fed decision, market participants will have a lot of economic data including retail sales, Q3 GDP growth, personal income, and PCE index. On December 18, FOMC interest rate decision will be declared and Fed Chair Jerome …

Donald Trump says he has no plans to replace Jerome Powell as Fed Chair
3 months, 2 weeks ago

Donald Trump says he has no plans to replace Jerome Powell as Fed Chair

Hindustan Times  

President-elect Donald Trump said he has no plans to replace Fed Chair Jerome Powell once he returns to the White House, saying “I don’t see it.” Trump has previously said he should have a say in monetary policy and the setting of interest rates. “I think if I told him to, he would,” Trump said on NBC’s Meet the Press, …

Republicans (Quietly) Disagree With Trump on the Fed
3 months, 2 weeks ago

Republicans (Quietly) Disagree With Trump on the Fed

Politico  

The president-elect’s chief issue with the Fed seems to be that he wants more influence over its decisions. Powell’s term also ends in May 2026, at which time Trump will be able to pick a new Fed chief, who could shift the modern, arms-length relationship between presidents and central bank leaders. “I like the way it’s set up right now,” …

Powell: Fed’s independence from politics is vital to its interest rate decisions
3 months, 2 weeks ago

Powell: Fed’s independence from politics is vital to its interest rate decisions

Associated Press  

WASHINGTON — Chair Jerome Powell said Wednesday that the Federal Reserve’s ability to set interest rates free of political interference is necessary for it to make decisions to serve “all Americans” rather than a political party or political outcome. In his remarks Wednesday, Powell said, “We’re supposed to achieve maximum employment and price stability for the benefit of all Americans …

US Fed Chair Jerome Powell says no need to rush rate cuts amid strong economy
Trending News
4 months, 1 week ago

US Fed Chair Jerome Powell says no need to rush rate cuts amid strong economy

Live Mint  

The US Federal Reserve does not need to rush to cut interest rates due to the ongoing economic growth, a solid job market, and inflation that remains above its 2% target, said Fed Chair Jerome Powell. According to Powell, the Fed policymakers believe inflation is progressing toward a “sustainable path to 2%” that will enable the US central bank to …

US Fed slashes interest rates by 25 basis points amid weakening labor market
Top News
4 months, 2 weeks ago

US Fed slashes interest rates by 25 basis points amid weakening labor market

China Daily  

US Federal Reserve Chair Jerome Powell attends a press conference following a two-day meeting of the Federal Open Market Committee on interest rate policy in Washington, US, November 7, 2024. WASHINGTON -- The US Federal Reserve on Thursday slashed interest rates by 25 basis points amid cooling inflation and a weakening labor market, marking the second rate cut in this …

US Fed slashes interest rates by 25 basis points amid weakening labor market
Top News
4 months, 2 weeks ago

US Fed slashes interest rates by 25 basis points amid weakening labor market

China Daily  

US Federal Reserve Chair Jerome Powell attends a press conference following a two-day meeting of the Federal Open Market Committee on interest rate policy in Washington, US, November 7, 2024. WASHINGTON -- The US Federal Reserve on Thursday slashed interest rates by 25 basis points amid cooling inflation and a weakening labor market, marking the second rate cut in this …

US Fed cuts policy rate by quarter-point to 4.50-4.75% after Donald Trump’s poll victory; 5 key takeaways
4 months, 2 weeks ago

US Fed cuts policy rate by quarter-point to 4.50-4.75% after Donald Trump’s poll victory; 5 key takeaways

Live Mint  

The US Federal Reserve announced its seventh policy decision for 2024 after a two-day Federal Open Market Committee meeting and slashed its benchmark interest rate by a quarter of a percentage point to 4.50-4.75 per cent. US Fed Policy November 2024: Here are 5 key highlights 1.US Fed slashes key rates by 25 bps after Trump's election results The US …

US Federal Reserve cuts rate by 0.25% after first post-election meeting, notes easing inflation
Trending News
4 months, 2 weeks ago

US Federal Reserve cuts rate by 0.25% after first post-election meeting, notes easing inflation

Firstpost  

The interest rate in the US is now in the range of 4.5-4.75 per cent. The US Federal Reserve on Thursday cut the benchmark lending rates in the country by 0.25 per cent. Inflation has made progress toward the Committee’s 2 per cent objective but remains somewhat elevated,” the Federal Open Market Committee, which is responsible for changes to the …

US Fed meet outcome today: When and where to watch in India? Check here
4 months, 2 weeks ago

US Fed meet outcome today: When and where to watch in India? Check here

Live Mint  

US Federal Reserve November Meet: The United States Federal Reserve chairman Jerome Powell is widely expected to announce a rate cut by a quarter of a percentage point as the two-day monetary policy meeting concludes on Thursday, November 7. The Federal Open Market Committee or the FOMC at its last meeting in September had announced a rate cut by 50 …

What’s at stake with the Fed, now that Trump has won?
4 months, 2 weeks ago

What’s at stake with the Fed, now that Trump has won?

Live Mint  

When Federal Reserve officials decide this week on the path for interest rates, they will have a new factor to consider: the re-election of Donald Trump. Not only could Trump’s policies affect the path for inflation and growth, his return to the White House also poses questions about the Fed’s freedom to set rates without political interference. Trump appointed the …

Fed cuts interest rates again, but Trump’s victory makes future path a lot more murky
Trending News
4 months, 2 weeks ago

Fed cuts interest rates again, but Trump’s victory makes future path a lot more murky

LA Times  

The Federal Reserve cut interest rates for a second straight time on Thursday in an effort to keep the economy sailing along by easing the high borrowing costs it engineered to fight inflation. Economists see risks on two fronts: If Trump follows through on his campaign promises to lower taxes and levy across-the-board tariffs, he could reignite inflation and force …

US Fed cuts interest rates by quarter of a percentage point
Top News
4 months, 2 weeks ago

US Fed cuts interest rates by quarter of a percentage point

Al Jazeera  

The Fed will have to navigate a changing economic landscape with the election of Donald Trump as the next US president. The United States Federal Reserve has cut interest rates by a quarter of a percentage point as policymakers took note of a job market that has “generally eased” while inflation continues to move towards the central bank’s 2 percent …

Jerome Powell-led FOMC to meet today: US election results, inflation to GDP— 5 key indicators to watch
4 months, 2 weeks ago

Jerome Powell-led FOMC to meet today: US election results, inflation to GDP— 5 key indicators to watch

Live Mint  

The US Federal Reserve will begin its deliberations for the latest monetary policy decisions today, November 6, and will announce its new benchmark interest rate decision on Thursday, November 7. In September's policy meeting, US Fed policymakers said they see the interest rate falling by another 50 bps by the end of this year, another full percentage point in 2025, …

Federal Reserve Surprises With Hefty Interest Rate Cut
6 months ago

Federal Reserve Surprises With Hefty Interest Rate Cut

Huff Post  

LOADING ERROR LOADING The Federal Reserve raised eyebrows Wednesday with a bigger-than-expected cut in a key interest rate, portraying the move as essentially an insurance policy against a possibly slowing economy now that it believes inflation is under control. You can say that about the whole economy,” Federal Reserve Chair Jerome Powell told reporters at a press conference following a …

'The time has come' to lower interest rates: Fed Chair Jerome Powell
7 months ago

'The time has come' to lower interest rates: Fed Chair Jerome Powell

NPR  

'The time has come' to lower interest rates: Fed Chair Jerome Powell toggle caption Drew Angerer/Getty Images North America Federal Reserve chairman Jerome Powell says he's increasingly confident that inflation will soon be tamed, setting the stage for the central bank to start cutting interest rates next month. Speaking at one of the most closely-watched annual gatherings of global central …

US Federal Reserve maintains rate at 5.25-5.5% for 8th consecutive term
7 months, 3 weeks ago

US Federal Reserve maintains rate at 5.25-5.5% for 8th consecutive term

Hindustan Times  

The Federal Reserve, in its latest meeting, decided to keep the federal funds rate unchanged at 5.25 per cent to 5.5 per cent for the eighth time. "In support of its goals, the Committee decided to maintain the target range for the federal funds rate at 5-1/4 to 5-1/2 per cent," the Fed announced on Wednesday. The Fed stated, "The …

Text of the policy statement the Federal Reserve released Wednesday
7 months, 3 weeks ago

Text of the policy statement the Federal Reserve released Wednesday

Associated Press  

WASHINGTON — Below is the statement the Federal Reserve released Wednesday after its latest policy meeting ended: Recent indicators suggest that economic activity has continued to expand at a solid pace. In support of its goals, the Committee decided to maintain the target range for the federal funds rate at 5-1/4 to 5-1/2 percent. In considering any adjustments to the …

Fed’s Powell highlights slowing job market, signaling that rate cuts may be near
8 months, 2 weeks ago

Fed’s Powell highlights slowing job market, signaling that rate cuts may be near

LA Times  

The Federal Reserve faces a cooling job market as well as persistently high prices, Chair Jerome H. Powell said in testimony Tuesday to Congress, a shift in emphasis away from the Fed’s single-minded fight against inflation of the last two years that suggests it is moving closer to cutting interest rates. “The most recent inflation readings, though, have shown some …

US Fed meet: Jerome Powell likely to signal a rate cut with one condition
10 months, 3 weeks ago

US Fed meet: Jerome Powell likely to signal a rate cut with one condition

Hindustan Times  

After three straight hotter-than-expected inflation reports, Federal Reserve officials have turned more cautious about the prospect of interest rate cuts this year. The big question, after they end their latest policy meeting Wednesday, will be: Jerome Powell, chairman of the US Federal Reserve has said, if higher inflation does persist, we can maintain the current level of for as long …

Trump to set interest rates himself under secret presidential plan
10 months, 3 weeks ago

Trump to set interest rates himself under secret presidential plan

The Telegraph  

Donald Trump’s aides have drawn up secret plans to oust the chairman of the Federal Reserve and allow the president to set interest rates, according to reports. Allies are said to have drawn up a range of proposals for the way monetary policy could be run in a second Trump administration, including rolling back the independence of the central bank, …

RBI's Interest Rate Decision, PMI Data, Currency Movements To Drive Markets Ahead, Say Analysts
11 months, 3 weeks ago

RBI's Interest Rate Decision, PMI Data, Currency Movements To Drive Markets Ahead, Say Analysts

ABP News  

The interest rate decision from the Reserve Bank of India, macroeconomic data, and global trends will influence the markets in the week, analysts noted. Further, the analysts stated that foreign investors’ trading activity, fluctuations in the currency movements, and the trend in the global oil benchmark, Brent crude, will also drive trading in the equity markets, reported PTI. Arvinder Singh …

US Federal Reserve sees 3 rate cuts in 2024: What it means for Indian stock market?
1 year ago

US Federal Reserve sees 3 rate cuts in 2024: What it means for Indian stock market?

Hindustan Times  

The US Federal Reserve voted to keep interest rates at a 23-year high for a fifth consecutive meeting. It said that the decision lets policymakers “carefully assess incoming data, the evolving outlook and the balance of risks.” US Federal Reserve Chairman Jerome Powell speaks during a press conference at the end of the two-day Federal Open Market Committee meeting at …

US Federal Reserve holds rates again over ‘elevated’ inflation, sees 3 cuts in 2024
1 year ago

US Federal Reserve holds rates again over ‘elevated’ inflation, sees 3 cuts in 2024

Hindustan Times  

The US Federal Reserve voted Wednesday to keep interest rates at a 23-year high for a fifth consecutive meeting, while signaling it still expects to make three cuts this year. The Fed's unanimous decision to hold its key lending rate between 5.25 percent and 5.50 percent lets policymakers "carefully assess incoming data, the evolving outlook and the balance of risks," …

US Fed Rate Decision, Rupee Movement, Upcoming Elections To Impact Investors, Say Analysts
1 year ago

US Fed Rate Decision, Rupee Movement, Upcoming Elections To Impact Investors, Say Analysts

ABP News  

Markets will be driven by global macroeconomic data in the week, with the most prominent one being the US Fed’s decision on interest rate, analysts noted. Experts noted that equity markets could remain volatile in the near-term as several central banks across the world are scheduled to reveal their monetary policy decisions in the week, reported PTI. Elaborating on the …

Federal Reserve’s Powell: Regulatory proposal criticized by banks will be revised by end of year
1 year ago

Federal Reserve’s Powell: Regulatory proposal criticized by banks will be revised by end of year

Associated Press  

WASHINGTON — A sweeping bank regulatory proposal will be significantly revised by year’s end, Federal Reserve Chair Jerome Powell said Thursday, a potential victory for the large banks that have aggressively opposed the likely changes. Large banks, though, have resisted the proposal, known as the “Basel III endgame” and spearheaded by the Fed’s vice chair for supervision, Michael Barr. On …

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