E-PaperFed Chair News
Fed chairman Jerome Powell and Donald Trump meet to discuss economy
Monday's dinner is the first session between Trump and Powell since the Fed chair took over a year agoThe hour-and-a-half steak dinner, covered a variety of economic topics, the Fed said in a statement
1 min read5 Feb 2019Gold posts worst losing run in 5 years as dollar trumps all
Trade tensions , Federal Reserve's path for higher interest rates add to the rally in gold prices
1 min read31 Aug 2018Global gold prices slip to three-week low as dollar holds firm
Gold prices fall to a three-week low, weighed down by a stronger dollar, while investors await the second session of Fed chair Jerome Powell's testimony before the Senate
2 min read1 Mar 2018Fed chairman Jerome Powell: a seminal debut
It is perhaps the first time in nearly three decades that a Fed chairperson is referring to avoiding an overheated economy even while inflation is undershooting the target
4 min read1 Mar 2018Jerome Powell sees gradual US Fed rate hikes amid strong US growth outlook
The recent bout of financial volatility shouldn't weigh on the US economy, says Jerome Powell, new chairman of the US Federal Reserve
2 min read28 Feb 2018Jerome Powell takes over as Fed chairman with economy primed to heat up
Jerome Powell will be sworn in today as the 16th chairman of the Fed, inheriting the US economy with unemployment and inflation near historically low levels
4 min read5 Feb 2018Janet Yellen, Fed’s first woman chair, gets emotional farewell
Jerome Powell, who will be sworn in as Janet Yellen's successor on Monday, says she'd been the most qualified person to hold the position in US Fed history
1 min read2 Feb 2018Jerome Powell approved by Senate to succeed Janet Yellen as Fed chair
Jerome Powell approved by the Senate to take the helm of the US central bank when Fed chair Janet Yellen's term ends on 3 February
3 min read24 Jan 2018Wall Street at record levels on Jerome Powell’s comments
The US markets also shrugged off concerns over progress of the Trump tax bill
2 min read28 Nov 2017Janet Yellen says Fed needs to avoid boom-bust cycle in economy
Janet Yellen says the Federal Reserve will need to move rates up at a pace that allows the labour market to improve and inflation to move toward the target of 2%
1 min read23 Nov 2017Popular Topics
Budget
The Union Budget contains details about the estimated receipts and the expenditure of the government for a particular fiscal year. The Budget is allotted for the upcoming fiscal year, which runs from 1st April to 31st March of the next year. Here is a quick guide on how the Union Budget is prepared