News list for " League of America"
On February 18, Federal Reserve Governor Paul Waller said that his basic view is that the Trump administration's new tariffs will only have a modest impact on prices, which the central bank should try to ignore when setting monetary policy. Waller said that uncertainty about the impact of trade or other government policies should not prevent the Federal Reserve from taking action, just as neither the Russia-Ukraine conflict in 2022 nor the collapse of Silicon Valley Bank in 2023 prevented the Fe...
Mr. Waller, the Fed governor nominated by Mr. Trump, said interest rate cuts could resume this year if inflation were to develop as it did in 2024, warning that waiting for economic uncertainty to dissipate would lead to policy paralysis. Click to view...
Federal Reserve Chairperson Jerome Powell: Dot charts do not constitute forward guidance.
Federal Reserve Chairperson Jerome Powell will deliver his semi-annual monetary policy testimony in ten minutes.
The dollar held steady ahead of testimony from Federal Reserve Chairperson Jerome Powell later. Swissquote Bank analyst Ipek Ozkardeskaya said in a note that Powell is expected to be cautious about cutting interest rates despite growing pressure from Trump to lower them. U.S. economic growth remains solid, the job market is healthy and inflation remains stable, she said. Trump's stimulus policies and tariff threats could also fuel inflation, she said. Powell's cautious stance on rate cuts could ...
Asked in a speech on Thursday about the possibility of a bitcoin strategic reserve, Mr. Waller, the Fed governor, said: "The Fed will not operate such a project".
Market news: Federal Reserve Chairperson Jerome Powell will attend a hearing in the U.S. House of Representatives on February 12.
According to market news, Federal Reserve Chairperson Jerome Powell will attend a hearing in the U.S. House of Representatives on February 12.
U.S. December PCE data was in line with expectations. Federal Reserve Governor Bowman expressed a preference for a cautious and gradual approach to policy adjustments. Traders are betting that the next rate cut will be in June. Click to view...
Federal Reserve Chairperson Jerome Powell: Current policy is "substantial" but not "highly" restrictive.
