Credit to Author: Agence France-Presse| Date: Thu, 12 Dec 2019 13:00:00 +0000
WASHINGTON, D.C.: The Federal Reserve (Fed) maintained its key lending rate on Wednesday (Thursday in Manila), but said it will turn its sights to low inflation and developments in the world economy. That was a signal that central bankers, who have repeatedly pledged to change course if needed, are monitoring the global slowdown and persistent […]
Read moreCredit to Author: Agence France-Presse| Date: Tue, 19 Nov 2019 13:30:16 +0000
WASHINGTON, D.C.: Federal Reserve (Fed) Chairman Jerome Powell reasserted the independence of the US central bank during White House talks with President Donald Trump on Monday (Tuesday in Manila). Powell attended the meeting, which comes amid an unprecedented campaign of public attacks on the central bank, at the invitation of the president, and was joined by Treasury Secretary […]
Read moreWASHINGTON, D.C.: The global economic outlook remains positive, with instability in just a few emerging markets seeing instability — but is slightly less positive than a few months ago, US Federal Reserve Chairman Jerome Powell said Tuesday (Wednesday in Manila). “I think growth still healthy but maybe under a little bit of pressure,” Powell told […]
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