THE PESO is expected to move sideways against the dollar this week after US Federal Reserve Chairman Jerome H. Powell said there was no need to rush the US central bank’s easing cycle. “The ...
Federal Reserve Chair Jerome Powell on Thursday declined to say whether he would remain at the U.S. central bank as a board member after his term as chief expires in May 2026.
Powell also said it is too soon to say how policies of the incoming Trump administration would reshape economic prospects. Here is a transcript: JEROMEH. POWELL: Good afternoon. My colleagues ...