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 October 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 September 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 December 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 November 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 November 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 October 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 October 2022

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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

Biden ups the ante in Ukraine war ahead of Trump presidency

Gaza is a manufactured apocalypse

Lebanon's economy—not battlefield—may have the final word

Trump picks shed light on Christian Zionists' dark fielty to Israel

Fairuz at 90: The voice of Lebanese nostalgia

OPINIONS

Trump picks shed light on Christian Zionists' dark fielty to Israel

Biden allows Ukraine to use US missiles inside Russia

Why football is an ideal recruiting ground for jihadists

Riyadh Summit could yet shape the dynamics of a multipolar world

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