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Fed’s Powell says credibility lost if President can fire officials
Former Federal Reserve (Fed) Chair Jerome Powell said the US central bank would damage public trust that’s required to support a strong and stable economy if any president were free to dismiss Fed officials over policy disagreements, Bloomberg reported on Monday.Fxstreet
Mon, Jun 1
China's NBS Manufacturing PMI eases to 50.0 in May, Non-Manufacturing PMI rises to 50.1
China’s official Manufacturing Purchasing Managers' Index (PMI) eased to 50.0 in May, compared to 50.3 in the previous reading. The reading came in line with the market consensus of 50.0 in the reported month.
Fxstreet
Sun, May 31
"Progress on lowering inflation has stalled": Fed's Bowman takes aim at Iran war
Federal Reserve (Fed) Governor Michelle Bowman said progress on lowering inflation has stalled while discussing the economic outlook and monetary policy in a speech at a conference in Iceland on Friday. Bowman claimed that the longer the Iran war continues, the greater the risks to inflation become.Fxstreet
Fri, May 29
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XRP (XRPUSD) Is up 1.22% on Aug 8: What Do On-Chain Data and Market Sentiment Show?
Sat, Aug 8
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Solana (SOLUSD) Is up 1.37% on Aug 8: What Do On-Chain Data and Market Sentiment Show?
Sat, Aug 8
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