Tag - federal-reserve

 
 

FEDERAL RESERVE

Jerome Powell, chairman of the U.S. Federal Reserve, speaks during an event in Chicago earlier this month.
BUSINESS / Economy
Apr 24, 2025
Federal Reserve at a policy and political crossroads poses global risks
A divergence between the Fed and other central banks could stress dollar funding markets and make financing more expensive for less-developed countries.
U.S. Federal Reserve Board Chairman Jerome Powell holds a news conference following a two-day meeting of the Federal Open Market Committee on interest rate policy in Washington last September.
BUSINESS / Economy
Apr 23, 2025
Trump says he has no intention of firing Fed chief Jerome Powell
Trump’s National Economic Council Director Kevin Hassett on Friday said the president was studying the question of whether he’s able to sack Powell.
Sen. Elizabeth Warren, a U.S. Democrat from Massachusetts, speaks on the floor of the New York Stock Exchange on Thursday. Warren says a series of rash actions by the U.S. president are seeding uncertainty across the economy.
BUSINESS / Markets
Apr 21, 2025
Wall Street ‘cops are gone’ after Trump overhaul, Democratic senator warns
The moves to purge federal regulatory agencies would leave consumers and markets vulnerable to fraud and corruption, Sen. Elizabeth Warren says.
Tariffs, and the risk they pose to both the economy and inflation, have been the focus of global attention.
BUSINESS / Economy
Apr 20, 2025
First shock waves of Trump’s tariffs are about to hit the world economy
The International Monetary Fund (IMF) is set to lower its outlook for economic growth in new projections released on Tuesday.
U.S. Federal Reserve Chair Jerome Powell speaks during a news conference, in Washington in January.
BUSINESS / Economy / FOCUS
Apr 19, 2025
Trump goes to war with the Fed
The U.S. president has threatened to take the unprecedented step of ousting the head of the fiercely independent central bank.
Jerome Powell, chairman of the U.S. Federal Reserve, during an Economic Club of Chicago event in Chicago on Wednesday
BUSINESS
Apr 18, 2025
Trump mulls firing Fed chair Powell over rate policy dispute
Trump’s threat to oust Powell draws warnings from economists and aides about risks to markets and Fed credibility.
The Marriner S. Eccles Federal Reserve Board Building in Washington. Companies have told the U.S. central bank they generally expect to raise prices to pass along the cost of import tariffs.
BUSINESS / Economy
Feb 20, 2025
Federal Reserve noted Trump policies could stir inflation, minutes show
Companies have told the U.S. central bank they generally expect to raise prices to pass along the cost of import tariffs.
Instead of the Bank of Japan's actions strengthening the yen as once hoped, recent steps have only caused further weakening.
COMMENTARY / Japan
Jan 22, 2025
Ueda’s doctrine for the BOJ is finally emerging
Instead of the Bank of Japan's actions strengthening the yen as once hoped, recent steps have only caused further weakening.
Because of the U.S. dollar peg, Hong Kong can no longer be Asia’s go-to fundraising platform, eroding a key selling point for the financial center.
COMMENTARY
Jan 15, 2025
Hong Kong-dollar peg makes less sense than ever
It’s increasingly clear that the currency regime, which inevitably ties the city’s lending rates to those of the U.S., is outdated and needs a revamp.
The next 12 months will be more challenging, with some countries pursuing quick interest-rate cuts while others will proceed cautiously.
COMMENTARY / World
Dec 27, 2024
A view to 2025: Enough with the central bank hawks and doves
Interest-rate cuts will be a feature, including at institutions that resisted easing in 2024. But mind the nuances.
A television station broadcasts Jerome Powell, chairman of the U.S. Federal Reserve, speaking after a Federal Open Market Committee (FOMC) meeting on the floor of the New York Stock Exchange (NYSE) on Wednesday.
BUSINESS / Markets
Dec 19, 2024
U.S. stocks tumble, dollar rallies as Fed signals fewer 2025 rate cuts
After latest interest rate cut, Fed 'significantly closer' to the point where no further cuts needed: Powell
Then-U.S. President Donald Trump looks on as Federal Reserve Chair Jerome Powell speaks at the White House in Washington on Nov. 2, 2017.
BUSINESS / Economy
Dec 9, 2024
Trump says he has no plan to remove Powell as Fed chair
Powell, whose term expires in May 2026, told reporters last month that he wouldn’t step aside early if Trump asked for his resignation.
The likelihood of interest-rate hikes from the Bank of Japan and further cuts from the Federal Reserve will drive the yen's recovery to as far as ¥130 against the dollar, according to some strategists.
BUSINESS / Markets
Nov 18, 2024
Yen bulls lie in wait for U.S.-Japan yield gap to shrink next year
The likelihood of Bank of Japan interest-rate hikes and further Federal Reserve cuts will drive the yen's recovery, some say.
U.S. Federal Reserve Chair Jerome Powell speaks during a news conference following a two-day meeting on interest rate policy in Washington on Thursday.
BUSINESS / Economy
Nov 8, 2024
Powell signals readiness to defy Trump in defense of Fed
Federal Reserve Chair Jerome Powell insisted the incoming president doesn’t have the power to fire him or other senior Fed leaders.
During the Bank of Japan's September policy board meeting, some members pointed out that the central bank needs to more carefully communicate with the public to prevent a divergence between its views and those of investors.
BUSINESS / Economy
Nov 6, 2024
Bank of Japan board member moots Fed-style dot-plot projections
The dot plots show short-term rate projections of U.S. Federal Reserve officials.
Traders borrow in currencies where rates are low and put that money to work in economies where rates are high, pocketing the difference.
BUSINESS / Markets / FOCUS
Oct 2, 2024
Massive carry trade still lurks in the shadows and looms over markets
Trillions might remain, slightly different, less obvious and all but forgotten by a market eager to move on.
The Federal Reserve building in Washington. Federal Reserve Chair Jerome Powell said last week he felt that the pre-pandemic years during which the Fed's rate hovered near zero for years and Europe delved into the exotic world of negative rates are gone for good.
BUSINESS / Economy
Sep 27, 2024
A global hunt for neutral rates to shape world finance costs
Policymakers are exploring whether the rates required to keep inflation in check and economies growing are higher now than the ultra-low ones before the pandemic.
Fed Chair Jerome Powell injected uncertainty as to where future rates will ultimately land during his news conference following the Federal Open Market Committee meeting in Washington on Wednesday.
COMMENTARY / World
Sep 19, 2024
The Fed’s uncertain destination troubles the bond market
The upshot is that longer-term bond yields don’t have much room to fall in the near-term unless the economy weakens materially.
Federal Reserve Chair Jerome Powell holds a news conference following a two-day meeting of the Federal Open Market Committee on interest rate policy in Washington on Wednesday.
BUSINESS / Economy
Sep 19, 2024
Fed cuts rates by half-point in decisive bid to defend economy
It is the Fed’s first rate cut in more than four years.
Workers take a midday rest at Sudirman Central Business District in Jakarta on Feb. 15. For the past two months, fund managers have boosted positions in sovereign bonds in Indonesia, as well as Thailand and Malaysia.
BUSINESS / Economy
Sep 18, 2024
How Asia is bracing for Fed’s imminent shift to rate cuts
The widely anticipated pivot is likely to bolster emerging market assets in Asia and extend their lead over global favorites such as Japan and chip stocks.

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Visitors walk past Sou Fujimoto's Grand Ring, which has been recognized as the largest wooden structure in the world.
Can a World Expo still matter? Japan is about to find out.