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          Jerome Powell

          Get the latest news on Federal Reserve chairman Jerome Powell, including interest rate updates

          Gold consuming giants China and India accounted for 80 per cent of the year-on-year decline in jewellery and retail investment demand, according to the World Gold Council’s report. Photo: Reuters

          Gold-backed ETFs grew more than 400% in 2019

          MoneyJanuary 30, 2020
          Federal Reserve Chairman Jerome Powell held a news conference following the two-day meeting of the Federal Open Market Committee (FOMC) meeting on interest rate policy in Washington this week. Photo: Reuters

          Fed holds rates steady with chances of a hike this year 'unlikely'

          EconomyJanuary 30, 2020
          Tadashi Yanai was on the SoftBank board for 18 years before resigning last month. Photo: AFP

          Billionaires: Uniqlo founder Tadashi Yanai resigns from SoftBank board

          MoneyJanuary 11, 2020
          Federal Reserve Chair Jerome Powell said the US economy and monetary policy are 'in a good place'. The Fed suggested it would hold rates steady at its meeting last week. Photo: Reuters

          How a dovish US Fed policy affected UAE consumers in 2019

          MoneyDecember 16, 2019
          The Federal Reserve left the benchmark interest rate unchanged. The Fed already lowered the interest rate three times in 2019, making it cheaper to borrow money. EPA/MICHAEL REYNOLDS

          Fed leaves rates unchanged and forecasts no change in 2020

          EconomyDecember 11, 2019
          (FILES) In this file photo taken on April 20, 2015 Paul Volcker, former Federal Reserve chairman, speaks at the National Press Club in Washington, DC. Volcker, who tackled American inflation in the 1970s and '80s and later leant his name to landmark Wall Street reforms, died December 8, 2019 according to media reports December 9,2019. Volcker, who headed the US central bank from 1975 to 1987, was 92. / AFP / Brendan SMIALOWSKI

          Paul Volcker was the Federal Reserve's first superstar central banker

          CommentDecember 10, 2019
          Paul Volcker (left) attending a ceremony in 2013 with other former US Federal Reserve chairmen Alan Greenspan (centre) and Ben Bernanke marking the 100th anniversary of the signing of the Federal Reserve Act. Mr Volcker died on Sunday. AP Photo.

          Former head of US Fed Paul Volcker dies

          EconomyDecember 09, 2019
          US Federal Reserve Board Chairman Jerome Powell holds a news conference. The US central bank lowered its benchmark interest rate a quarter percentage pointfor the third time this year; making it cheaper to borrow money and help boost the mortgage, auto and personal loan markets. EPA

          Gulf central banks follow suit after Fed delivers third rate cut

          EconomyOctober 31, 2019
          The US Federal Reserve cut its benchmark interest rate for the third straight time on Wednesday. AFP

          US Fed cuts rates by quarter point while hinting at a pause

          EconomyOctober 30, 2019
          Federal chair Jerome Powell at the Federal Reserve headquarters in Washington. Mr Powell supports a more dovish monetary policy at the moment. AFP

          The Fed will lower rates with more cuts to follow

          MoneyOctober 29, 2019
          Facebook chairman and chief executive Mark Zuckerberg greets members of congress after testifying at a House Financial Services Committee hearing in Washington. Reuters

          Zuckerberg defends Facebook's digital currency Libra before US congress​

          TechnologyOctober 24, 2019
          Senator Robert Menendez, a Democrat from New Jersey, questions David Marcus, head of blockchain with Facebook, not pictured, during a Senate Banking Committee hearing in Washington. Bloomberg

          Open Markets Institute calls on 27 parties to Facebook's Libra to withdraw from project

          TechnologyOctober 14, 2019
          A weaker dollar could help US businesses compete globally by making exports less expensive, boosting the economy and potentially helping Mr Trump’s bid for re-election in 2020. AFP

          The US dollar is going down, one way or another

          MoneyOctober 08, 2019
          Dollar is expected to remain the dominant currency in the near future, according to Fitch Ratings executive. Bloomberg

          US payrolls miss estimates capping a week of gloomy economic data

          EconomyOctober 04, 2019
          Assets invested in actively managed exchange traded funds jump 2.7 per cent in November, compared to the previous month. OUT / AFP

          Tumbling bond yields signal further trouble for the world economy

          MarketsOctober 04, 2019
          The New York Stock Exchange at the closing bell -- US stocks have rallied several times in the last 21 months but lost gains. Getty Image

          Despite rallies in last two years US stocks are in a fix under Donald Trump

          MoneyOctober 03, 2019
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