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30/04/2026
The price of Brent crude oil breaks through $119.50 per barrel, hitting a new high since June 2022.
Latest
4 m ago
JP Powers, Chief Investment Officer of Rwa Wealth Partners, said: "It's a crazy time to see so many dissenters for the first time in over 30 years. Milan is a bit of a maverick and he wants to further cut interest rates at this time. I am confident that it will be quite difficult for the committee to reach any consensus on this issue as oil prices have returned to over $100. Furthermore, it is already quite challenging to push for such measures during Powell's transition. However, it is interesting that the other three members are not even willing to maintain that loose bias in their statement, which is probably the crux of the matter."
7 m ago
When asked if staying on the Federal Reserve Board carries political implications, Powell said, "I don't think so at all."
7 m ago
Powell: I will leave the Federal Reserve when I believe the time is right.
7 m ago
Powell: This is a fundamental component of the U.S. economy.
7 m ago
Powell: The actions taken by the government towards the Federal Reserve are unprecedented.
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