Dollar Undercut by Reduced Middle East Tensions
British Pound, European Euro, American Dollar and Japanese Yen Currency by Virrage Images via Shutterstock The dollar index (DXY00) Wednesday fell by -0.20%. The dollar on Wednesday gave up an...
Tag: powell
5 results found
Fed Chair Jerome Powell Raises Concerns Over Economic Data Quality
For a Federal Reserve operating with a data-driven approach to monetary policy, what happens when the data is wrong? Chairman Jerome Powell has been receiving rising pressure from President Donald...
Rate Cuts Supported by More Top Fed Officials, With July...
The Federal Reserve opted to keep interest rates steady last week, drawing ire from the president and administration officials — but this week, more central bankers appear to be on...
The Fed Is Fueling the Housing Crisis by Not Cutting...
Federal Reserve Chairman Jerome Powell’s decision to keep rates unchanged earlier this week on Wednesday was widely expected by the market, but it was bashed by the president and his...
Fed Governor Says Rates Should Come Down Next Month, Echoing...
President Donald Trump has said repeatedly this year that rates should come down. On Friday, the president got a concurring opinion from a top official inside the central bank. Fed...
