Dollar gains as Powell pushes back on jumbo rate-cut bets
WEB1 day 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.
Powell indicates further, smaller rate cuts, insists the Fed is 'not on ...
WEB1 day ago · Key Points. Fed Chair Jerome Powell said Monday that the recent half percentage point interest rate cut shouldn’t be interpreted as a sign that future moves will be as aggressive. “We are not on...
Safe havens gain as Iran fires missiles at Israel | Reuters
WEB1 day ago · Safe haven currencies strengthened on Tuesday as Iran launched missiles towards Israel, while the dollar also firmed on data showing a resilient U.S. labor market.
Fed's Powell: US economy solid, gradual interest rate cuts coming | AP News
WEB1 day ago · WASHINGTON (AP) — Federal Reserve Chair Jerome Powell signaled Monday that more interest rate cuts are in the pipeline but suggested they would occur at a measured pace intended to support a still-healthy economy.
Dollar gains as Fed's Powell adopts hawkish tone on economy
WEB2 days 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...
US Dollar Falls After Powell Rate-Cut Signal but Downside …
WEBAug 26, 2024 · US Fed Chair Jerome Powell has signaled imminent interest rate cuts, sending the US dollar lower. Rate cuts mean lower Treasury yields, which would weigh on the US dollar. But strong US stock...
Dollar (USD) Drops After Fed Chair Powell's Remarks on Rate …
WEBAug 23, 2024 · The dollar plunged after Federal Reserve Chair Jerome Powell affirmed expectations that the central bank will cut interest rates next month, reducing the appeal of fixed-income assets in the US.
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...
‘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 ...
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...