Tag: Federal Reserve

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USD Weakens as Powell Pledges Support for Jobs | Forexlive

USD Weakens as Powell Pledges Support for JobsFederal Reserve Chair Jerome Powell's speech at the Jackson Hole Symposium sent shockwaves through the markets as he made it clear that the time has come for...
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This Week’s Consumer Price Inflation Report: What to Expect and Analyze

Economists are expecting the upcoming July Consumer Price Index (CPI) report to show that annual inflation has stayed steady at 3.0%, while core inflation, which excludes food and energy costs, is predicted to slightly...
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Central Bankers’ Public Arguments: Pros and Cons

Jerome Powell, the chairman of the Federal Reserve, is known for his steady leadership. However, his recent decision to keep interest rates at 5.25-5.5% on July 31st raised concerns after weak employment data was...