Live: Fed Chair Powell Testifies Before the House Committee on Monetary Policy – 11:00AM, ET 3/8/23
Federal Reserve Chairman Jerome Powell speaks Wednesday morning to the House Financial Services Committee on the semiannual monetary policy report. Source link
US President Biden says relations with China have not taken a big hit
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US President Biden urges congress to pass his proposed billionaire minimum tax
Share: US President Joe Biden is delivering his second State of the Union address to a Joint Session of Congress at the Capitol on Wednesday. Key quotes Committed to work with China where it can advance American interests and benefit the world. If China’s threatens US sovereignty, US will act to protect the […]
Live: Chair Powell Speaks After Fed Raises Interest Rates a Quarter Point: 02/01/22 – 2:30 ET
Federal Reserve Chair Jerome Powell holds a news conference on Wednesday following the closed two-day Federal Open Market Committee (FOMC) meeting and will discuss interest rate policies. Powell speaks about how The Federal Reserve raised its benchmark interest rate by a quarter percentage point on Wednesday and gave little indication that it is nearing the […]
U.S. Fightback In the Middle East Continues With Huge Chevron Deal
After an extended period of reduced engagement in the Middle East and a refocusing inwards on itself, which allowed China and Russia to exploit the resultant power vacuum, there have been several signs recently that the U.S. has decided that now is a good time to take up where it left off a few years […]
Why This Debt-Ceiling Fight Is Different by Jeffrey Frankel
As Washington gears up for yet another political showdown over raising the federal debt limit, congressional Republicans are clearly hellbent on letting the US government default on its obligations. Unfortunately, allowing the GOP to drive the US economy off a cliff may be President Joe Biden’s best option right now. CAMBRIDGE – The United States […]
Russia’s global energy leverage is lessening as full-scale war in Ukraine nears 1-year mark
Russian President Vladimir Putin‘s use of energy as a weapon of financial war is increasingly backfiring, threatening the core of Russia’s beleaguered economy and curtailing its geopolitical influence. Western sanctions, falling prices for Russian fossil fuels and strategic miscalculations are hurting the country’s oil-and-gas industry while the war in Ukraine is poised to stretch into a […]
LIVE Video: President Biden Delivers Remarks About His Economic Plan: 01/04/23 – 1:45PM ET
President Biden will speak about his economic plan and its impact on U.S. infrastructure and American communities in Kentucky on Wednesday. Source link