Gold Prices Reach $4,547 Per Ounce
Federal Reserve Chair Jerome Powell addressed attacks on the institution's independence during a press briefing in Washington. Powell noted he plans to keep a low profile as a governor until Kevin Warsh is confirmed and sworn in as the new chair. One Fed board member voted to cut rates while three others voted to hold them. The decision follows expectations from Wall Street, though it deviates from some consumer desires for rate cuts to offset pricing pressures. The move comes as the central bank continues to manage ongoing economic pressures. Divisions exist within the decision-making process due to uncertainties created by the war. Divisions occurred amidst uncertainty regarding the war with Iran. Jerome Powell announced he will remain on the Board of Governors until an ongoing criminal investigation into the central bank is concluded.
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Sources · 7 independent
“I worry that these attacks are battering the institution and putting at risk the thing that really matters to the public, which is the ability to conduct monetary policy”
“I worry that these attacks are battering the institution and putting at risk the thing that really matters to the public, which is the ability to conduct monetary policy without taking into consideration.”
“Now Jerome Powell has confirmed he is leaving as chairman. This was his last meeting at the end of the year.”
“Columbia, Janine Piripira, on Friday dropped investigation into the renovations going on. Federal Reserve headquarters in Washington, DC, and into Jerome Powell, and in dropping it, that cleared the way for Republican Tom Tillis to agree that”
“Jerome Powell says he'll remain on the board of the Federal Reserve after his term as chairman ends next month following the Department of Justice dropping a probe into his role.”
“month following the Department of Justice dropping a probe into his role.”
“Justice dropping a probe into his role. in a Fed construction project.”
“《美國聯儲局》本港時間凌晨2點 是宣布維持聯邦基金利率目標區間 介乎3.5厘至3 即是連續第三次會議 按兵不動 符合市場預期 但官員的分歧加劇 一共有四張反對票 是1992年10月以來最多”
“hold their benchmark interest rate steady committee. It was a divided committee.”
“Reserve left interest rates unchanged. The Dow Jones industrial average dropped 200”
“Reserve left interest rates unchanged.”
“قرر مجسل احتياطية الفدراليل الامريكي لبقاء على أسعار الفائدة قصيرة الأجل مستقر عند نطاق ثلاثة”
“الفدراليل امريكي لبقاء على أسعار الفائدة قصيرة الأجل مستقر عند نطاق ثلاثة”
“الفدراليل امريكي لبقاء على أسعار الفائدة قصيرة الأجل مستقر”
“Федеральная резервная система США ожидаемо сохранила базовую процентную ставку на уровне 3,5-3,75.”
“CNBC writing an unusually divided Federal Reserve on Wednesday held its key interest treats.”
“an unusually divided Federal Reserve on Wednesday held its key interest treats.”
“Today, the FOMC decided to leave our policy rate unchanged. We see the current stance of monetary policy as appropriate to promote progress toward our maximum employment and 2 percent inflation goals.”
“The Federal Open Market Committee instead was split along eight to four lines with officials expressing different reasons for their vote. Last time four FOMC members dissented was October 1992.”
“There is only ever one chair of the Federal Reserve Board. When Kevin Warsh is confirmed and sworn in, he will be that chair.”
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