Article Related To Jerome Powell

World stocks hits fresh record highs with sentiment bolstered by upbeat comments on the economy from Federal Reserve chief Jerome Powell.

US Federal Reserve chair Jerome Powell said the central bank will not wait until inflation hits two per cent to cut interest rates.

The US Federal Reserve on Wednesday left interest rates unchanged at a 22-year high of 5.25-5.5 per cent, as yields on long-term US Treasury bonds have spiked in recent months, reported Xinhua.

The Fed raised its benchmark interest rate by another 25 basis points despite a banking crisis causing turmoil in the US financial sector.

Asian shares inched higher after the Fed Reserve hinted it could pause interest rate hikes following turmoil in the banking sector.

At 9.08 am, the ringgit rose to 4.2935/2985 against the greenback from Tuesday's close of 4.2995/3055.

The US' inflation is currently rising at its fastest pace in more than 40 years, a dealer said.

At 9.18 am, the local currency rose to 4.4550/4600 versus the greenback from Tuesday's close of 4.4570/4585

The ringgit would remain in a tight range as market participants would also be weighing the possible outcome of the meeting.

The US central bank officials acknowledged it may be eroding public trust in their power.

Gordon Ramsay says about 477 Japanese cat models called maneki-neko were stolen from his Lucky Cat 22 Bishopsgate restaurant.

So far, 20 prosecution witnesses, including the two children, have been called for this trial, according to the Deputy Public Prosecutor.

Emmanuel Macron says showing any weakness to Russia's Vladimir Putin would make it harder to deal with China and Iran.

Netanyahu accuse Hamas of acting "in an unspeakably cynical manner" by placing body of a Gaza woman in the coffin instead of Shiri Bibas.

The US is a co-chair along with Malaysia of a working group on climate mitigation, or ways to reduce greenhouse gas emissions.

The group hopes Tesla will invest strategically, believing it's interested in acquiring Nissan's US plants, the report says.

The children have been handed over to their families on bond with conditions by the court.

The move will eliminate roughly 6% of the agency's workforce in the midst of the busy tax-filing season.

This is the chainsaw for bureaucracy, says Elon Musk.

For Azerbaijanis, the Khojaly genocide is more than a historical event - it is a collective trauma that shapes their identity and worldview.