The United States Federal Reserve decided this Wednesday to maintain interest rates in a range of 5.25 and 5.5 %, although it does not close the door to new increases.
The Federal Open Market Committee (FOMC) of the Fed issued a statement outlining the decision to maintain interest rates, although…
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Jerome Powell
The Fed stated that controlling inflation “will take time”
The President of the United States Federal Reserve (Fed), Jerome Powell, warned of the risks to the economy in the event of falling short or exceeding interest rates, while warning that the path to returning inflation to the 2 % target will…
Powell does not rule out an interest increase at the end of the year
The President of the United States Federal Reserve (Fed), Jerome Powell, reported that the institution he leads decided to maintain interest rates in the current range of 5.25 % to 5.5 %, but that a new rise before the end of the year.…
The FED forecasts a drop in US wage growth
In a recent report, the US Federal Reserve (FED) projected a slowdown in wage growth for the second half of the year, attributing it to rising labor costs. These costs, in large part, are the result of the Fed's decisions to increase…
Fed stresses difficulty for companies to get workers
The US Federal Reserve (Fed) said in its most recent report, known as the Beige Book, that companies in the country continue to face difficulties hiring workers, especially in sectors such as healthcare, transportation and hospitality.
The…
The US will maintain interest rates
The President of the United States Federal Reserve (Fed), Jerome Powell, reported that the institution he leads decided to maintain interest rates in the current range of 5 % to 5.25 % in anticipation of the effects that have not yet…
US Federal Reserve admits surprise at Silicon Valley Bank collapse
The US Federal Reserve admitted its surprise at the sudden collapse of Silicon Valley Bank, which was under its watch.
Fed Chairman Jerome Powell told a news conference after the Federal Open Market Committee meeting that he immediately…
The Fed must act directly to control inflation
The President of the United States Federal Reserve (Fed), Jerome Powell, indicated that the monetary authority must act "directly" to contain the rise in prices and comply with its mandate, which opens the door to another bulky rise in…
US seeks alternatives to tighten monetary policy
The president of the United States Federal Reserve (Fed), Jerome Powell, assured that there are ways for the agency to tighten monetary policy without plunging the country into a recession.
At an event organized in Portugal by the European…
Fed will seek to regulate inflation in the US
The president of the United States Federal Reserve Board (Fed), Jerome Powell, stressed that the US central bank is concentrating its efforts on returning the inflation rate to 2 % target and assured that the institution's commitment to…
Biden will respect the autonomy of the Federal Reserve
Joe Biden, president of the United States, met Jerome Powell, president of the central bank, to discuss issues related to the economy and has promised to respect the autonomy and independence of the Federal Reserve in managing and…
The United States could launch its digital currency by 2030
The Central Bank of the United States considers that it is quite likely that the country will be able to launch its own cryptocurrency or CBDC between 2025 and 2030. This was reported by the representatives of the financial center Alkesh…