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US Fed Chair Powell says ‘time has come’ for policy adjustment, hints at rate cut

US Fed Chair Powell says ‘time has come’ for policy adjustment, hints at rate cut

by AIP Online Bureau | Aug 24, 2024 | Eco/Invest/Demography, International News, Wealth Management/ Philanthropy

US Federal Reserve Chair Jerome Powell Speculation has abounded over the possibility of a rate cut at the rate-setting Federal Open Market Committee (FOMC) meeting slated for Sept. 17-18. After last month’s FOMC meeting, Powell said a rate cut could be “on...
US Fed Chair Powell says ‘time has come’ for policy adjustment, hints at rate cut

Inflation worries continue for US Fed; No policy rate cut for seventh time

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...
RBI maintains status quo in repo rate at 6.5 pc, growth projection raised to 7.2%

RBI maintains status quo in repo rate at 6.5 pc, growth projection raised to 7.2%

by AIP Online Bureau | Jun 7, 2024 | Banking & Bancassurance, Eco/Invest/Demography, Indian News, Policy, Regulation, Risk Management

Shaktikanta Das, Governor,RBI “Uncertainties related to food inflation need to be monitored. Need inflation reduction to 4 per cent level on a durable basis while supporting growth,” RBI Governor Shaktikanta Das said Mumbai: The Reserve Bank of India(RBI)...
US Fed Chair Powell says ‘time has come’ for policy adjustment, hints at rate cut

Fed increases rates by 25 bps but signals hikes are near an end

by AIP Online Bureau | Mar 22, 2023 | Eco/Invest/Demography, International News, Wealth Management/ Philanthropy

Jerome Powell, Chair of the Federal Reserve The move set the U.S. central bank’s benchmark overnight interest rate in the 4.75%-5.00% range, with updated projections showing 10 of 18 Fed policymakers still expect rates to rise another quarter of a percentage...

US Fed eaises rate by 75 bps to over a decade high at 3.75-4.0% in fight against inflation

by AIP Online Bureau | Nov 3, 2022 | Eco/Invest/Demography, Health, International News, Wealth Management/ Philanthropy

Russia’s war against Ukraine is causing tremendous human and economic hardship. The war and related events are creating additional upward pressure on inflation and are weighing on global economic activity The statement added that the assessments would take into...
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