News list for " began"

Analysis: Powell says Fed can be more cautious, largely unchanged in rate cut expectations

Federal Reserve Chairperson Jerome Powell said on Wednesday that the US economy is stronger than it was when the central bank began cutting interest rates in September last year, making policymakers likely to be more cautious about further rate cuts. "We can be more cautious as we try to find a neutral position," Mr. Powell said. Mr. Powell's comments on Wednesday appeared to be in line with more cautious policymakers and largely echoed earlier views that the Fed could consider rate cuts "carefu...

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2024-12-04 20:04:40
Federal Reserve Governor Waller: Open to deeper interest rate cuts

Federal Reserve Governor Paul Waller said on Friday that the "time has come" to start a series of interest rate cuts this month, adding that he was open to the size and speed of the cuts. "If the data support a series of rate cuts, then I think a series of rate cuts is appropriate. If the data shows that a larger rate cut is needed, then I will also support it." Federal Reserve Chairperson Jerome Powell said at the annual meeting of global central banks two weeks ago that given the rise in infla...

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2024-09-06 15:24:37
A whale transferred 32,000 AAVE to Binance, expected to lose $760,000

According to on-chain analyst Ember Monitor, a whale that started hoarding AAVs 3.5 years ago transferred 32,000 AAVs (worth about $3.09 million) to Binance half an hour ago. He first proposed AAVs from Binance and Kraken in January 2021, accumulating 42,665 AAVs (worth $5.14 million) at an average price of $120. Now moving to the exchange at $96 is expected to generate a loss of $760,000.

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2024-07-02 14:22:47
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