Similar Stories to Fed's Powell Says Central Banks Can't Take Independence For Granted - Wall Street Journal on Bing News

Wall Street JournalFed's Powell Says Central Banks Can't Take Independence for GrantedWall Street JournalAn erosion of public trust in institutions could threaten the independence of central banks and requires greater transparency and accountability from policy makers following the 2008 financial crisis, Fed Chairman Jerome Powell said Friday. Mr. Powell ...and more »

BING NEWS:
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    Nearly every country in the world has a central bank – a public institution that manages a country’s currency and its monetary policy. And these banks have an extraordinary amount of power. By ...
    06/14/2024 - 1:35 am | View Link
  • The Fed Still Hasn't Won the Inflation War. Wall Street Expects a Lengthy Battle
    The Fed's war on inflation isn't ending any time soon. To no surprise, the Federal Reserve concluded its two-day meeting Wednesday by leaving interest rates unchanged in the 5.25 percent to 5.5 ...
    06/13/2024 - 2:32 am | View Link
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    Markets appear to be dismissing the central bank’s more pessimistic take on inflation, as the S&P 500 nears a new high.
    06/13/2024 - 12:57 am | View Link
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    Federal Reserve Chairman Jerome Powell contracted COVID-19 for the second time and is working from home while he recovers, the Fed said Friday. “Chair Powell tested positive for COVID-19 late ...
    05/17/2024 - 5:26 am | View Link
  • Fed's Powell says confidence that inflation will slow is 'not as high' as before
    Federal Reserve Chair Jerome Powell reiterated Tuesday that the central bank will be patient and wait for evidence that inflation is slowing before it cuts interest rates. Speaking during a ...
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