Elon Musk supports the position that Mike Lee, a senator from Utah, put up. Again, that calls for more active control over monetary policy and central bank lending. Lee is disputing a statement made by Federal Reserve Chairman Jerome Powell recently that he will not resign. Although President Donald Trump has resigned. It is considered … Read more
US Federal Reserve Chairman Jerome Powell / AFP The Wall Street Journal said that the President American Federalist Jerome Powell is prepared to fight any efforts that may be launched by H, SD’GRIH President-elect Donald Trump to remove the head of the central bank from his career To do this, Powell will likely have to … Read more
Jakarta – Federal Reserve Chairman Jerome Powell said he would not resign even if the President of the United States (US) Donald Trump asked him to. Quoted from CNN, Powell said that the president did not have the authority to remove Powell from his position. “It is not allowed by law,” he was quoted as … Read more
Live Schedule 15:10 WIB 12:29 WIB 10:59 WIB 09:07 WIB Bisnis.comJakarta – The Rupiah Token exchange rate is against the dollar of the United States (US) in trade today, Tuesday (8/10/2024) it will change but it will close lower in the range of 15,670-Rp 15,780, as there is an increase in conflict the Middle East … Read more
Live Schedule 15:03 WIB 13:38 WIB 12:01 WIB 10:42 WIB 09:05 WIB Bisnis.comJakarta – The Rupiah Token exchange rate is against the US dollar it is expected to fluctuate but close higher in the range of IDR 15,070-IDR 15,180 in trade at the beginning of the week today, Monday (23/9/2024). At the end of trading … Read more
Mexico City. Ahead of the financial report from the world’s largest chipmaker, Nvidia, the exchange rate is correcting at the start of the session on Wednesday. The Mexican currency is trading with an appreciation of 1.49 percent, to operate at around 19.4586 pesos per dollar. It should be remembered that yesterday it closed in the … Read more
The interest rate on the most popular U.S. mortgage fell to a 16-month low after Federal Reserve Chairman Jerome Powell signaled last week that the central bank is willing to cut borrowing costs next month to prevent the labor market from weakening further. The average interest rate on 30-year fixed-rate mortgages fell 6 basis points … Read more
This year’s Jackson Hole symposium has a special feature, as it takes place in the middle of the election season. And the election is undoubtedly a big challenge for independent central banks. This is because the monetary policy makers cannot on the one hand prejudge the outcome, and on the other hand know what the … Read more
Jackson Hole. Federal Reserve Chairman Jerome Powell said Friday that “the time has come” for the U.S. central bank to cut interest rates as rising risks to the labor market leave no room for further weakness and inflation is near the Fed’s 2 percent target. This provides explicit support for an imminent easing of monetary … Read more
Jakarta, CNBC Indonesia – The Chairman of the Federal Reserve Jerome Powell indicated that an interest rate cut could be coming soon, although he did not give a definite indication of the time or size of the cut. “It’s time to change policy,” Powell said in his much-anticipated keynote address at the Fed’s annual meeting … Read more