Fed's Powell Says He Sees 'No Evidence' of Overheating in the U.S. Economy... READ MORE›
The Australian dollar traded 0.5 percent down at 0.7725, having briefly fallen to as low as 0.7717 AUD D4... READ MORE›
So much for an uneventful Congressional question-and-answer session with new Federal Reserve Chairman Jerome Powell... READ MORE›
Powell said monetary policy will try to strike a balance between avoiding an overheated economy and bringing inflation back to target on a sustained basis... READ MORE›
However, it did not fare well against the Japanese yen, a perceived safe haven... READ MORE›
Treasuries edged lower with European bonds as investors await the first public comments from Federal Reserve Chairman Jerome Powell on Tuesday... READ MORE›
Inflation meanwhile remains below the central bank's target... READ MORE›
Jerome Powell is the first Federal Reserve chairman in more than a decade to have any background in the private sector... READ MORE›
The next head of the Federal Reserve has been confirmed after lawmakers overwhelmingly approved Jerome Powell. Powell was President Trump's top choice for the... READ MORE›
Powell takes over as chair with US monetary policy on a steady course toward gradually higher interest rates and a smaller balance sheet... READ MORE›
Powell, 64, who joined the Fed Board of Governors in 2012, has publicly backed the central bank's plan of gradually raising interest rates... READ MORE›
Trump nominates Fed Gov. Jerome Powell as the next Federal Reserve chief... READ MORE›
U.S. Stocks, Dollar Retreat on Tax Plan Details Markets Wrap... READ MORE›
By appointing Powell, Trump broke with decades-old tradition observed by previous presidents of re-appointing the chairman of the Federal Reserve... READ MORE›
One says monetary policy is too tight, and the other says it is too slack, he added... READ MORE›
He argued that the central bank would continue to tighten its monetary policy as the unemployment rate hits record low and the economy continues steady growth... READ MORE›
Current Governor Jerome Powell has voted in sync with Chair Janet Yellen, who's term is up in February... READ MORE›
A Republican appointed to the Fed in 2012 by Democratic President Barack Obama, Powell has earned a reputation as a non-ideological and pragmatic policy maker... READ MORE›
By picking Powell, a known quantity, the president may be hoping that the economy and stock market can maintain the winning streaks they've enjoyed under Yellen... READ MORE›
Her term as Fed chair expires in February 2018 though she is entitled to remain a Fed board governor until 2024... READ MORE›
Trump likely to pick Fed's Powell to lead central bank source... READ MORE›
Federal Reserve Chair Janet Yellen testifies before the congressional Joint Economic Committee in Washington, and the confirmation hearing for her nominated successor, Jerome Powell, begins... READ MORE›
Powell said the Fed was close to meeting its dual mandate of full employment and stable prices, which it defines as 2 percent inflation... READ MORE›
President Donald Trump has selected Federal Reserve board member Jerome Powell as the next chairman of the U.S. central bank, succeeding Janet Yellen... READ MORE›
Fed governors have staggered 14-year terms, which means that a president should only be able to appoint a new member to the board every two years... READ MORE›
All of the five current top Senate GOP leaders, including Majority Leader Mitch McConnell of Kentucky did so as well... READ MORE›
Investors would be wise to temper expectations even if Powell is nominated and then approved by the Senate... READ MORE›
A senior White House official on Thursday called his experience unique and refreshing at a central bank increasingly dominated by economists... READ MORE›
Central banks in the US, Europe and Japan will in all likelihood not be making any major policy shifts for the rest year... READ MORE›
Jerome Powell is stepping out from the shadows... READ MORE›
Trump picked Thursday Federal Reserve Governor Jerome Powell as next Federal Reserve chair... READ MORE›
The dollar index .DXY, which measures the greenback against six rival currencies, was up 0.12 percent at 92.893, after hitting a nine-week low of 92.496 earlier in the session... READ MORE›
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