by AIP Online Bureau | Jun 13, 2024 | Eco/Invest/Demography, International News, Policy, Risk Management
Jerome Powell, US Fed Chair “We are maintaining our restrictive stance of monetary policy in order to keep demand in line with supply and reduce inflationary pressures. I will have more to say about monetary policy after briefly reviewing economic...
by AIP Online Bureau | May 1, 2024 | Eco/Invest/Demography, International News, Policy
Fed Chair Jerome Powell Indeed, Fed Chair Jerome Powell said it was likely to take longer than previously expected for Fed officials to gain the “greater confidence” needed for them to kick off interest rate cuts Washington: The U.S. Federal Reserve held...
by AIP Online Bureau | Sep 20, 2023 | Eco/Invest/Demography, International News, Wealth Management/ Philanthropy
“Inflation remains elevated,” the rate-setting Federal Open Market Committee (FOMC) said in a policy statement that included projections incorporating stronger economic and job growth than prior forecasts, and keeping prospects for a “soft...
by AIP Online Bureau | Jul 26, 2023 | Eco/Invest/Demography, International News
US Fed Chair Jerome Powell As it stated in June, the Fed said it would watch incoming data and study the impact of its rate hikes on the economy “in determining the extent of additional policy firming that may be appropriate” to reach its 2% inflation...
by AIP Online Bureau | Jun 14, 2023 | Eco/Invest/Demography, International News
Fed Chair Jerome Powell The Fed has raised its benchmark rate by a substantial 5 percentage points since March of last year — the fastest pace of increases in 40 years. WASHINGTON: The Federal Reserve kept its key interest rate unchanged Wednesday after having raised...
