Fed's Powell sees inflation fight lasting 'some time' The US economy will need tight monetary policy "for some time" before inflation is under control, which means slower growth, a weaker job market and … Business • 26 Aug 22
US economy contracts in second quarter The US economy contracted at a more moderate pace than initially thought in the second quarter as consumer spending blunted some of the drag from … Business • 25 Aug 22
Powell leaves kid gloves behind ahead of Jackson Hole US Federal Reserve Chair Jerome Powell's message on inflation and interest rates at this year's Jackson Hole central banking conference in Wyoming will strike a … Business • 25 Aug 22
Bankers head to US mountains with focus on inflation As world central bankers gather for the Kansas City Federal Reserve's annual monetary policy conference in Jackson Hole, Wyoming, the Fed looks like it might … Business • 24 Aug 22
Fed could start stimulus withdrawal by year-end The US economy and labour market have healed to the point that the central bank could begin to withdraw its stimulus measures by the end … Business • 27 Aug 21
Fed chief Powell's record 'mixed', think tank says A think tank highly critical of Federal Reserve Chair Jerome Powell's record on banking regulation released an assessment of his four-year tenure that is by … Business • 23 Aug 21
Powell set to lay out Fed's new policy approach US Federal Reserve Chair Jerome Powell is expected today to begin setting out the bank's new strategy for meeting its price stability and maximum employment … Business • 27 Aug 20
Dollar, euro trade cautiously ahead of key Fed speech The dollar and the euro traded cautiously today as investors refrained from taking risky bets a day ahead of a key speech by US Federal … Business • 26 Aug 20
No Jackson Hole soiree for central bankers in 2020 The Federal Reserve Bank of Kansas City's annual monetary policy symposium will not be held in the mountain resort of Jackson Hole, Wyoming, this year … Business • 12 Jun 20
ECB President Mario Draghi green lights tax cuts ECB President Mario Draghi has said Eurozone governments now have scope to introduce tax cuts as part of a package of measures to boost jobs … Business • 22 Aug 14
Yellen says US job market still hampered The dollar was steady after its strongest weekly run since March and world stocks were near all-time highs as markets waited for steers from the … Business • 22 Aug 14
Central bankers debate risks from ending liquidity Global financial stability is at risk as central banks draw back from ultra-easy policies that have flooded the world with cash, top officials were warned … Business • 26 Aug 13
Bernanke not at this year's Jackson Hole summit Central bankers from around the globe gather later this weekend in Jackson Hole in Wyoming. Business • 23 Aug 13