U.S. Federal Reserve

Jerome Powell during a press conference in Washington on May 1, 2024.

Jerome Powell: The man with the world economy in his hands

With more influence than heads of state, the chair of the US Federal Reserve has received both praise and criticism since taking over. If job growth stays strong and inflation hits 2%, he won't care.

Toufic Chanbour 13, Oct 2024

Diana Estefanía Rubio

Cooling inflation restores confidence and motivates interest rate cuts

After a period of rapid price rises and surging interest rates, most of the world’s major central banks are now sufficiently confident about the trajectory of inflation to start bringing interest…

Al Majalla - London 10, Sep 2024

Federal Reserve Board Chairman Jerome Powell speaks during a news conference following the announcement that the Federal Reserve raised interest rates by half a percentage point, at the Federal Reserve Building in Washington, U.S., December 14, 2022. REUTERS/Evelyn Hockstein

Fed's Powell Says Inflation Battle Not Won, More Rate Hikes Coming

The Federal Reserve will deliver more interest rate hikes next year even as the economy slips towards a possible recession, Fed Chair Jerome Powell said on Wednesday, arguing that a higher cost would…

14, Dec 2022

U.S. one hundred dollar notes are seen in this picture illustration taken in Seoul February 7, 2011. REUTERS/Lee Jae-Won

Dollar Faces Biggest Monthly Loss Since 2010 Ahead of Powell

The dollar fell on Wednesday ahead of a speech by Federal Reserve Chair Jerome Powell and a look at private-sector employment data for November, as it barrelled towards its biggest monthly loss since…

30, Nov 2022

U.S. dollar banknotes are seen in this illustration taken July 17, 2022. REUTERS/Dado Ruvic/Illustration

Dollar Holds Losses as Fed Minutes Signal Slower Rate Hikes

The U.S. dollar held onto losses on Thursday after the minutes from the Federal Reserve's November meeting supported the view that the central bank would downshift and raise rates in smaller steps…

24, Nov 2022

U.S. dollar and Euro bank notes are photographed in Frankfurt, Germany, in this illustration picture taken May 7, 2017. May 7, 2017. REUTERS/Kai Pfaffenbach/Illustration

Dollar Rises After Recent Sell-off, Yen Climbs

The dollar rose on Thursday, after earlier falling to a one-month low in choppy trading ahead of an expected rate hike from the European Central Bank (ECB). Meanwhile, the yen gained some footing…

27, Oct 2022

Dollar Slides on Expectations of Less Hawkish Fed, Euro at 1-Month High

The euro climbed back above parity against the dollar for the first time in a month on Wednesday after poor U.S. economic data reinforced speculation that the Federal Reserve will slow its interest…

26, Oct 2022

Popular
Editor's Pick

Opinion

Without inclusive governance, Syria could fall back into chaos

15 December 2024

Without prompt and united action, Syria's transition risks veering off course, with devastating consequences for the country and the region. Time is of the essence.

Haid Haid

Members of Russian and Syrian forces at the Abu Al-Duhur crossing on the eastern edge of Idlib province on August 20, 2018.

AFP

Politics

How the fall of Assad has been a strategic loss for Russia

14 December 2024

Russia's claim of being a steadfast guarantor of security for allies has been dented, which could affect its expansion into Africa and Latin America and strain its ties with Central Asian countries

Samer Elias

Al Majalla

Business & Economy

Resuscitating Syria’s economy is crucial but will not be easy

15 December 2024

Regime change brings an opportunity to raise living standards, which have collapsed along with the national currency and years of war. The transition of power will be key.

Joseph Daher

Opinion

Assad's fall throws the future of Syria's Kurds into question

13 December 2024

There are now mounting concerns that Erdoğan will intensify his efforts to dismantle the autonomous Kurdish enclave

Con Coughlin

The Lebanese painters who captured this year's war

Axel Rangel Garcia

Culture & Social Affairs

Lebanese artists on how their art helps them process war

15 December 2024

Speaking to Al Majalla, they explain how art functions as a lens through which to examine events and their aftermath and helps them explore connections between the personal and the collective

Mimoza Al-Arrawi

Sections

Regions

More

LATEST ISSUE

Jerome Powell: The man with the world economy in his hands

Cooling inflation restores confidence and motivates interest rate cuts

Fed's Powell Says Inflation Battle Not Won, More Rate Hikes Coming

Dollar Faces Biggest Monthly Loss Since 2010 Ahead of Powell

Dollar Holds Losses as Fed Minutes Signal Slower Rate Hikes

Dollar Rises After Recent Sell-off, Yen Climbs

Dollar Slides on Expectations of Less Hawkish Fed, Euro at 1-Month High

Without inclusive governance, Syria could fall back into chaos

How the fall of Assad has been a strategic loss for Russia

Resuscitating Syria’s economy is crucial but will not be easy

Assad's fall throws the future of Syria's Kurds into question

Lebanese artists on how their art helps them process war

OPINIONS

Gaza’s young filmmakers capture the suffering of war

The Iranian project in the Middle East

Cautious optimism: Syria tiptoes into the future with Turkey’s help

‘Songs of Adam’ tells the tale of an Iraq that does not age

Sign up for the Weekly Newsletter