Fed Chair Jerome Powell: A Rate Hike Is ‘Unlikely,’ But There Is a Scenario of No Rate Cuts
After keeping interest rates unchanged at 23-year highs, Federal Reserve Chair Jerome Powell told reporters that “it’s unlikely the next policy rate move will be a hike.” Powell pointed to a lack of further progress in bringing inflation down to…
Fed Chair Jerome Powell on Rate Cut Timing: The Fed Won’t Keep It a ‘Secret,’ March Not Likely
Federal Reserve Chair Jerome Powell said a March rate cut is not likely, adding that the U.S. central bank won’t keep the timeline a “secret.” Powell spoke to reporters after the conclusion of the January monetary policy meeting, during which…
U.S. jobs data misleading by ‘design,’ default cycle to trigger a recession in Q4 — Michael Lee
Michelle Makori, Lead Anchor and Editor-in-Chief at Kitco News, interviews Michael Lee, Founder of Michael Lee Strategy, who says the U.S. labor market is already seeing “massive deterioration,” but it is not being reflected in the data that is being…
