Dollar firm after Powell pushes back on aggressive easing bets
WEB10 hours ago · The U.S. dollar gained against major peers on Tuesday after Federal Reserve Chair Jerome Powell pushed back overnight against bets on more supersized interest rate cuts.
Dollar gains as Fed's Powell adopts hawkish tone on economy
WEB1 day ago · The dollar rose on Monday after Federal Reserve Chair Jerome Powell adopted a more hawkish tone on the economy, leading traders to pare bets that the U.S. central bank will cut rates by 50 basis ...
Dollar’s Losing Streak Keeps Traders Wary as Fed Cuts Rates
WEB18 hours ago · September 30, 2024 at 1:08 PM EDT. Save. The dollar’s longest monthly losing streak in 20 months is fueling anxiety among currency traders after the Federal Reserve finally embarked on its ...
Fed's Powell: US economy solid, gradual interest rate cuts coming | AP News
WEB17 hours ago · At their last meeting Sept. 18, Fed officials reduced their rate to 4.8%, from a two-decade high of 5.3%, and penciled in two more quarter-point rate cuts in November and December. On Monday, Powell said that remains the most likely outcome. “If the economy performs as expected, that would mean two more cuts this year,” both by a quarter ...
Dollar sturdy after Powell pushes back on aggressive easing bets
WEB6 hours ago · 01 Oct 2024 12:27PM. TOKYO : The U.S. dollar firmed against its major peers on Tuesday after Federal Reserve Chair Jerome Powell pushed back against bets on more supersized interest rate cuts. The ...
Dollar falls after Powell greenlights September easing - Yahoo Finance
WEBAug 23, 2024 · NEW YORK (Reuters) -The dollar fell and sterling rose to its highest in more than two years on Friday after Federal Reserve Chair Jerome Powell gave an unambiguous signal that the...
Dollar (USD) Drops After Fed Chair Powell's Remarks on Rate …
WEBAug 23, 2024 · The dollar plunged after Federal Reserve Chair Jerome Powellaffirmed expectations that the central bank will cut interest rates next month, reducing the appeal of fixed-income assets in the US.
Dollar dips as Powell remains cautious before CPI data
WEBJuly 10 (Reuters) - The dollar dipped on Wednesday after Federal Reserve Chair Jerome Powell indicated that the U.S. central bank is getting closer to cutting interest rates but wants to see...
Live: Fed Rate Decision, Powell News Conference
WEBJun 12, 2024 · Fed dials back rate forecasts, signals just one cut in 2024. Policymakers holds key rate in unanimous decision. Inflation still elevated, with progress merely ‘modest’. Powell says labor ...
‘The time has come’: The Fed just sent a crucial message ... - CNN
WEBAug 23, 2024 · “The time has come for policy to adjust,” Fed Chair Jerome Powell said in prepared remarks for his keynote speech at an annual gathering of central bankers and economists in Jackson Hole ...
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