Tuesday, 19 November 2019
Jakarta
--:--
Tokyo
--:--
Hongkong
--:--
New York
--:--
Powell Speech: Fed's Strategy And Tools Have Been, And Remain, Effective
Wednesday, 9 October 2019 22:25 WIB | FISCAL & MONETARY |The Fed

While speaking to a group of local business and community leaders at the Federal Reserve System™s Fed Listens program, Jerome Powell, Chair of the Board of Governors of the Federal Reserve System, repeated that the Fed's strategy and tools have been, and remain, effective.

"It's important for the Fed to keep inflation around the target so there is room to move monetary policy and to keep expectations anchored," Powell added. "Historically strong job market is benefitting low and moderate-income communities."

Source : FXstreet

RELATED NEWS
RBA minutes: Board prepared to ease policy further if needed (AUD lower)...
Tuesday, 19 November 2019 07:55 WIB

The minutes from the RBA Board's 5th November meeting have been released which shows the RBA has an easing bias. AUD/USD is lower on the minutes, down -0.20% at the time of writing. Bored prepared to...

FOMC Chairman Powell testimony: Baseline outlook for US economy remains favourable...
Wednesday, 13 November 2019 23:14 WIB

In remarks prepared for delivery to the Joint Economic Committee of Congress on Wednesday, Jerome Powell, Chair of the Board of Governors of the Federal Reserve System, will reiterate that the baselin...

Japanese PM Abe: Want extra budget to assist economic recovery...
Tuesday, 12 November 2019 11:40 WIB

Fresh comments are crossing the wires from the Japanese PM Shinzo Abe, as he expresses the need for an extra budget to assist the economic recovery. Nothing further is reported on the same. Last wee...

RBA Sees Moderate Recovery Persisting, But No Wage-Growth Gains...
Friday, 8 November 2019 07:58 WIB

Australia™s central bank maintained its glass half full view, reinforcing that the economy has emerged from its soft patch, while forecasting no acceleration in wage growth and core inflation barely...

Carney speech: Trade Concerns Can Reduce Global Supply Capacity and Growth...
Thursday, 7 November 2019 21:06 WIB

Following the Bank of England's decision to keep its policy rate unchanged at 0.75%, Governor Mark Carney is delivering his remarks on the monetary policy outlook in a press conference with key quotes...

LATEST NEWS
North Korea Says It Doesn't Want to Talk to US

North Korea said Monday that while it views the U.S. decision to postpone joint military drills with South Korea as "positive," the adoption of a U.N. resolution criticizing the North's human rights record has soured its desire to have...

Tokyo shares retreat as firmer yen weighs on exporters

Japan's stock benchmark Nikkei edged down on Tuesday as investors await clarity on the progress of U.S-China trade negotiations, with exporters pressured by a firmer yen against the dollar. The Nikkei share average dropped 0.2% to 23,361.35 in...

Gold Holds Gain on Trade Doubts, Powell-Trump Meeting

Gold held an advance as investors continued to await signs of progress in U.S.-China trade negotiations amid lingering doubts that a first-phase deal will be pushed through to a successful conclusion. Bullion rose on Monday as traders weighed...

POPULAR NEWS
Gold Edges Up On Chinese Worry Over Trump Impeachment
Tuesday, 19 November 2019 03:44 WIB

Gold was back on track to being a hedge to the trade war on Monday after talk of Beijing™s anxiety over President Donald Trump™s impeachment...

Gold Slides as ETF Holdings Drop, Trade Talks Progress
Monday, 18 November 2019 16:00 WIB

Gold declines after a narrow weekly advance as investors awaited fresh developments on the trade front and weighed data that showed a drop in...

Gold Steady With Trade Developments, ETFs in Focus
Monday, 18 November 2019 09:36 WIB

Gold was little changed after a narrow weekly advance as investors awaited fresh developments on the trade front and weighed data that showed a...

Hong Kong stocks start with gains
Monday, 18 November 2019 09:05 WIB

Hong Kong stocks opened higher Monday following another record-setting close on Wall Street, though traders remained on edge as the city was wracked...