News list for " Federal Reserve Chairperson Powell"
Federal Reserve Chairperson Jerome Powell said that we do not want to prevent banks from providing services to legitimate customers using cryptocurrencies. When banks conduct cryptocurrency activities on their own, it is appropriate to ensure that we understand the risks involved.
1. Federal Reserve Chairperson Powell: The Federal Reserve does not need to rush to cut interest rates. 2. Analysts: Powell's remarks are slightly hawkish, and the Federal Reserve is unlikely to change its position in the future. 3. US Treasury cuts the scale of treasury securities invite tenders, and the debt ceiling is topped. 4. Central Bank: invite tenders to issue the second and third installments of central bank bills in 2025. 5. In 2024, the bond financing in the interbank market of Hubei...
Federal Reserve Chairperson Jerome Powell said he believes the neutral rate has risen beyond the very low levels seen before the epidemic.
Federal Reserve Chairperson Jerome Powell said that the Federal Reserve cannot control long-term interest rates, which are determined by supply and demand in the bond market; the risk perspective of budget deficits and inflation expectations is one of the main factors contributing to the rise in long-term interest rates.
Federal Reserve Chairperson Jerome Powell has said that by law, the president cannot remove a Fed governor.
Federal Reserve Chairperson Jerome Powell said recent indicators suggest economic activity continues to expand at a solid pace. GDP grew 2.5% in 2024, buoyed by consumer spending elasticity. Investment in equipment and intangible assets appeared to decline in the fourth quarter, but overall performance was solid throughout the year. Activity in the real estate sector appears to have stabilized after a weak mid-year last year. In...
Federal Reserve Chairperson Jerome Powell said the overall economy is performing strongly, high inflation has eased significantly, and the labor market remains solid.
Federal Reserve Chairperson Jerome Powell said that the Federal Reserve has not declared a victory on inflation, but the situation is encouraging; he wants to see inflation near 2% for some time; housing inflation is a bit upsetting; housing inflation is falling more slowly than expected; and other elements of inflation are already doing well.
Federal Reserve Chairperson Jerome Powell has said he will keep interest rates on hold if necessary if the economy remains sound; is ready to respond if the labor market unexpectedly weakens; cuts too late could weaken the economy too much; and has yet to make any decisions about future meetings, including in September.
Federal Reserve Chairperson Jerome Powell said the economy has performed well over the past few years, growth is expected to slow this year, and inflation will continue to progress. The last three inflation data did boost confidence.
