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The Bank of England's ability to set effective interest rates is hampered by unreliable labor market statistics, according to its governor Andrew Bailey, who highlighted the lack of accurate data on the UK workforce as a "huge…

As traders approach another pivotal day for the financial markets on Monday, October 14, 2024, attention will be focused on key reports and speeches that could influence market dynamics. OPEC's monthly report and Federal Reserve Governor…

Investing.com - The U.S. dollar rose on Tuesday as Federal Reserve Chairman Jerome Powell played down the possibility of another big interest rate cut, while the euro fell ahead of the latest euro zone inflation data. At 04:10 ET (08:10…

Investing.com - The US dollar was steady on Monday, as traders awaited Federal Reserve Chairman Jerome Powell's speech later in the session ahead of Friday's key employment report. At 04:25 EST (08:25 GMT), the dollar index, which tracks…

There will be previews for next week soon, but the two big events for next week are:Federal Reserve Chairman Powell discusses the US economic outlook at the National Association for Business Economics conference on Monday. This will be at…

Breadcrumb linksBMN BusinessFed policymakers' appetite for another big interest rate cut in November may come into better focus next week as Jerome Powell addresses economists and the government releases new employment numbers.Article…

Breadcrumbs Path LinksBMWPMN BusinessArticle author:Associated PressGintama SaksuranchaiPublished on September 12, 2024 • Read for 4 minutes You can save this article by registering for free here. Or log in if you have an…

Bitcoin and altcoins made a strong comeback after US Federal Reserve Chairman Jerome Powell hinted that interest rates would start falling in September. Bitcoin (BTC) jumped to $64,000 on August 24, while Ethereum (ETH) rose to $2,765.…

Bitcoin price saw an early rally over the weekend following Federal Reserve Chairman Jerome Powell’s speech at the Jackson Hole Symposium. According to the latest on-chain note, the announcement of potential interest rate cuts has…

Breadcrumbs Path LinksBMWPMN BusinessArticle author:Associated PressChristopher RugaberPublished on August 20, 2024 • Read for 4 minutes You can save this article by registering for free here. Or log in if you have an account.Article…