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WRAPUP 7-Fed leaves rates unchanged, sees no hurry to cut again
Adds Powell and Trump comments, background in paragraphs 2-5, 7, 9US central bank leaves policy rate in 4.25%-4.50% rangeOfficials still waiting for clarity on Trump policies'We do not need to be in a hurry,' Powell saysBy Howard Schneider, Michael S. Derby WASHINGTON, Jan 29 (Reuters) - ...Reuters
Jan 29, 2025
Brazil central bank hikes rates by 100 bps, confirms same in March
Adds policy and market contextBy Marcela Ayres BRASILIA, Jan 29 (Reuters) - Brazil's central bank raised its benchmark interest rate by 100 basis points for the second straight meeting on Wednesday and signaled another hike of that size in March, leaving the door open for subsequent moves ami...Reuters
Jan 29, 2025
Brazil central bank raises rates by 100 bps, reaffirms next hike
BRASILIA, Jan 29 (Reuters) - Brazil's central bank raised its benchmark interest rate by 100 basis points for the second straight meeting on Wednesday and signaled another hike of that size in March, leaving the door open for subsequent moves amid mounting inflationary pressures.The bank's r...Reuters
Jan 29, 2025
BRIEF-Doubleline Capital's Jeffrey Gundlach Says "Maximum" Of 2 Rate Cuts Possible In 2025; One Could Be Base Case- CNBC Interview
Jan 29 (Reuters) - DOUBLELINE CAPITAL'S JEFFREY GUNDLACH SAYS DON'T BE LOOKING FOR RATE CUTS IN NEXT FED MEETING - CNBC INTERVIEWDOUBLELINE CAPITAL'S GUNDLACH SAYS "MAXIMUM" OF TWO INTEREST RATE CUTS POSSIBLE IN 2025; ONE COULD BE BASE CASEDOUBLELINE CAPITAL'S GUNDLACH SAYS ...Reuters
Jan 29, 2025
Reuters Econ World: No hurry at the Fed
By Carmel Crimmins Jan 29 - Hello there,So the Fed stood pat on interest rates, as expected, and Chair Jerome Powell said they're not in a hurry to lower interest rates after a string of reductions last year.The decision gives the U.S. central bank time to evaluate how President Donald Trump&...Reuters
Jan 29, 2025
Fed's Powell said inflation target will stay at 2% amid framework review
NEW YORK, Jan 29 (Reuters) - Federal Reserve Chairman Jerome Powell said Wednesday that the 2% central bank inflation target will remain in place as part of a Fed review of its policy making framework. "We are not going to change the inflation goal," Powell said in a press conference followi...Reuters
Jan 29, 2025
Fed's Powell suggests balance sheet rundown has more room to run
NEW YORK, Jan 29 (Reuters) - Federal Reserve Chairman Jerome Powell suggested on Wednesday that the central bank still has room to run with shrinking the size of its balance sheet. Banking system reserves remain "abundant" and the central bank still has solid control off the federal funds ra...Reuters
Jan 29, 2025
Fed's Powell says central bank climate group was no longer good fit
NEW YORK, Jan 29 (Reuters) - Federal Reserve Chairman Jerome Powell defended on Wednesday leaving a global central bank climate alliance following Donald Trump's election as president, a group the Fed had joined when Joe Biden was elected in 2020. Powell said the Network of Central Banks and Sup...Reuters
Jan 29, 2025
INSTANT VIEW-Fed stands pat, leans hawkish with omission of inflation-progress reference
Adds quotes Jan 29 (Reuters) - The Federal Reserve left interest rates in the 4.25% to 4.50% target range on Wednesday and gave little insight into when further easing may take place in an economy where inflation remains above target, growth continues, and the unemployment rate is low.After sever...Reuters
Jan 29, 2025
Fed's Powell says he has not had contact with Trump
Jan 29 (Reuters) - Federal Reserve Chair Jerome Powell on Wednesday said he has had no contact so far with President Donald Trump, and declined to comment on Trump's remark last week that he would demand lower interest rates from the central bank."I’m not going to have any response or commen...Reuters
Jan 29, 2025
