Federal Reserve Chairman Jerome Powell on Tuesday suggested an interest-rate cut in July, widely expected by investors and economists, is not a done deal. While greater uncertainty about trade and worries about global economy might be starting to show through to economic data, officials don™t know how long this may last and how serious the drag might be, the Fed chairman said. œThe question my colleagues and I are grappling with is whether these uncertainties will continue to weigh on the outlook and thus call for additional policy accommodation, Powell said, in brief remarks ahead...

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At its monetary policy meeting held today, the Governing Council of the European Central Bank (ECB) decided to maintain status quo and leave key benchmark interest rates/asset purchases unchanged. Main refinancing operations: 0.00% Interest rates on the marginal lending facility: 0.25% Deposit facility: -0.40% Asset purchases at EUR 30 billion per month Investors focus, however, would...

Reserve Bank of Australia leaves interest rates unchanged at record-low 1.5% for 17th straight meeting. RBA Governor Philip Lowe says in statement Tuesday: œThe low level of interest rates is continuing to support the Australian economy. Further progress in reducing unemployment and having inflation return to target is expected, although this progress is likely to be gradual. Taking account...

Mark Carney is calling for greater regulation to bring the era of cryptocurrency œanarchy to end. œThe time has come to hold the crypto-asset ecosystem to the same standards as the rest of the financial system, the Bank of England governor said in a speech at Bloombergs London office on Friday. While he lauded the potential value of the underlying technology of...

Federal Reserve Chairman Jerome Powell said the central bank can continue gradually raising interest rates as the outlook for growth remains strong, and the recent bout of financial volatility shouldnt weigh on the U.S. economy. œSome of the headwinds the U.S. economy faced in previous years have turned into tailwinds, Powell said in written testimony to the House Financial...

Minutes of the Jan. 30-31 Federal Open Market Committee meeting released Wednesday showed officials saw a stronger economy than at the end of 2017 and that more rate hikes were in the offing. The strengthening œincreased the likelihood that a gradual upward trajectory of the federal funds rate would be appropriate. To convey this message, officials altered their statement to point to...

FISCAL
No-Deal Brexit Riskiest For Financial Stability: BoE's Carney
Monday, 25 February 2019 18:17 WIB Bank of England Governor Mark Carney said on Monday that the possibility of Britain leaving the European Union next month without a transition deal...
MONETARY
Powell says the Fed is 'grappling' with whether to cut interest rates
Wednesday, 26 June 2019 00:28 WIB Federal Reserve Chairman Jerome Powell on Tuesday suggested an interest-rate cut in July, widely expected by investors and economists, is not a done...

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