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UPDATE 1-Powell: Very strong support in Congress for an independent Fed
Reuters via Yahoo Finance· 2 days agoFederal Reserve Chair Jerome Powell said on Tuesday support for U.S. central bank independence remains "very strong" in Congress, pushing ...
Prices Rise 3.4 Percent in April, an Improvement From March, as Inflation Lingers Far Above Fed’s...
The New York Sun· 7 hours agoPrices rose 0.3 percent between March and April, the Labor Department said Wednesday, down slightly...
Fed’s Powell is unfazed by the latest hot inflation reading
CNN Business via Yahoo Finance· 2 days agoAfter another reading of hotter-than-expected inflation, you’d think Federal Reserve Chair Jerome ...
Nasdaq hits record close after Powell reassures investors, CPI in focus
Reuters· 2 days agoThe Nasdaq scored a record closing high on Tuesday and the S&P 500 and the Dow also advanced as...
Latest views on major central banks
The Forex Market· 7 days agoDespite recent setbacks, we continue to expect three rate cuts from the US this year, starting in September. At the May FOMC meeting, Federal Reserve...
JPMorgan Chase CEO Jamie Dimon warns interest rates could stay high: ‘A lot of inflationary forces...
New York Post· 7 hours agoIn Dimon’s annual letter to JPMorgan shareholders, he wrote that the bank is prepared for the...
Term deposit yields inch higher before central bank’s meeting - BusinessWorld Online
BusinessWorld· 1 day agoWith this, the average rate of the one-week term deposits went up by 0.18 basis point (bp) to 6.5324% from 6.5306% previously. The central bank has not offered 28-day term ...
Morning Bid: Power of Powell lifts stocks ahead of US CPI
Reuters· 2 days agoEuropean bourses are poised to keep the rally going ahead of the always important U.S. CPI data...
Gold could surpass $3,000 amid market volatility, strong demand, says Goldman Sachs | Invezz
Invezz· 12 hours agoAs gold prices reach unprecedented levels in 2024, topping $2,400 an ounce last month, Goldman Sachs...
...Bull Peter Schiff Says Inflation Headed 'Far Higher' As Powell 'Refuses To Acknowledge' Policy...
Benzinga· 2 days agoFederal Reserve Chair Jerome Powell on Tuesday warned of rates remaining higher for longer but...