Search For "jerome powell"
US stocks dive on fear of drastic rate hike
Updated : 3 years, 9 months ago IST
Washington [US], June 14 (ANI): As the Dow (INDU) sank 876 points or 2.8 per cent on Monday, the US stocks have plunged into a bear market as Wall Street investors worry about drastic rate hikes.
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US Senate confirms Powell to second term as Fed chair amid inflation
Updated : 3 years, 10 months ago IST
Washington [US], May 13 (ANI/Sputnik): The US Senate on Thursday voted to confirm Jerome Powell as chairman of the Federal Reserve, making official his position as head of the country's central bank for another four-year term.
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Biden backs Powell to continue heading Federal Reserve, says Central Bank
Updated : 4 years, 3 months ago IST
Washington [US], November 23 (ANI/Sputnik): The Federal Reserve needs stable and independent leadership to navigate a post-pandemic world and Jerome Powell would be the right apolitical candidate to continue heading the US central bank, President Joe Biden said.
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Not the right time to raise interest rates, says US Fed
Updated : 4 years, 7 months ago IST
Washington [US], July 29 (ANI/Sputnik): The time is not right yet to raise US interest rates as the Federal Reserve is still focused on buying bonds to support an economy recovering from the COVID-19 pandemic, Chairman Jerome Powell said.
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US Fed chief says wearing masks, social-distancing measures could lead to
Updated : 5 years, 6 months ago IST
Washington [US], September 5 (ANI/Xinhua): US Federal Reserve Chairman Jerome Powell said on Friday that wearing masks and social-distancing measures could lead to "enormous economic gains" for the US economy.
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Auto stocks lift up equity indices as govt hints at reduced GST rates
Updated : 5 years, 6 months ago IST
Mumbai (Maharashtra) [India], August 26 (ANI): Equity benchmark indices gained momentum during the second half of the trading session on Wednesday and closed higher with auto and private banking stocks in focus.
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Equity indices flat on mixed global cues, Hero MotoCorp zooms
Updated : 5 years, 6 months ago IST
Mumbai (Maharashtra) [India], Aug 26 (ANI): Equity benchmark indices traded at near flat levels in volatile trade during early hours on Wednesday amid mixed global cues and muted trend in Asian peers.
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US Fed chief says economic slump could stretch through end of 2021
Updated : 5 years, 10 months ago IST
Washington D.C. [USA], May 18 (ANI): Federal Reserve Chairman Jerome H. Powell said on Sunday that the US economy will recover from the damage inflicted by the coronavirus pandemic but the process could stretch through end of next year.
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Equity indices bleed amid weak global cues, Nifty IT dips 3.5 pc
Updated : 5 years, 10 months ago IST
Mumbai (Maharashtra) [India], May 14 (ANI): Equity benchmark indices closed over 2.5 per cent lower on Thursday amid weak global cues after US Federal Reserve Chairman Jerome Powell warned of extended economic weakness due to the coronavirus pandemic.
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Equity indices slip amid weak global cues, Tata Motors drops 4 pc
Updated : 5 years, 10 months ago IST
Mumbai (Maharashtra) [India], May 14 (ANI): Equity benchmark indices traded nearly 1.5 per cent lower during early hours on Thursday amid weak global cues after US Federal Reserve Chairman Jerome Powell warned of extended economic weakness due to the coronavirus pandemic.
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Sensex, Nifty open higher tracking positive global cues
Updated : 6 years, 8 months ago IST
Mumbai (Maharashtra) [India], July 11 (ANI): Equity benchmark indices opened with a positive streak on Thursday, tracking gains in Asia after US Federal Reserve Chair Jerome Powell reinforced prospects of a US interest rate cut later this month.
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Yellen disappointed over exit
Updated : 8 years, 1 month ago IST
Washington D.C.[U.S.A.] Feb 5 (ANI): Janet Yellen has expressed disappointment that United States President Donald Trump did not propose her a second term
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