The most important job most Americans have never heard of
Video Credit: Bleacher Report AOL - Duration: 01:49s - Published
The most important job most Americans have never heard of
President Joe Biden is nearing a decision on his choice for Federal Reserve chair, with observers inside and outside the administration viewing incumbent and Trump-appointee Jerome Powell as the front-runner for another term.
US President Biden reaffirmed opposition to Israel's planned invasion of Gaza's Rafah during a call with PM Netanyahu. International pressure mounts for a ceasefire amid concerns for over a million Palestinians. Qatar mediates, urging sincerity. Hamas releases videos, urging Israel's concessions. Biden urges enhanced humanitarian aid delivery.
#USPresident #JoeBiden #Gaza #GazaInvasion #Qatar #BenjaminNetanyahu #RafahInvasion #rafahnews #Worldnews #Oneinda #Oneindia news
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President Joe Biden put on his comedy hat at the White House Correspondents' Association's annual dinner Saturday – throwing a major barb at Donald Trump for.. TMZ.com
At a media dinner in Washington on Saturday night, US President Joe Biden used his opportunity at the podium to to call on foreign governments to release detained journalists and roast his presumptive Republican running-mate Donald Trump over his age and literary tastes.
Credit: euronews (in English) Duration: 00:54Published
The end of another hectic week, but -- before you hit the town Saturday -- check out some of our best clips from the week. On "TMZ Live," Harvey and Charles.. TMZ.com
Consumer Prices , Rose 0.4% in February.
The Bureau of Labor Statistics released
its latest data on March 12.
In February 2024, prices rose 0.4%
compared to January and 3.2% year-over-year, according to the Consumer Price Index (CPI).
The figures, which are greater than expected, represent the biggest monthly increase since September, Yahoo Finance reports. .
The index for housing rent rose 0.5% in February.
Gas prices rose 3.8%.
While food prices held steady for the month, they increased 2.2% year-over-year.
The Federal Reserve will use the latest data to help determine its position on interest rates on March 20. .
Experts predict that rates will
remain unchanged for the time being.
The market is now eyeing June for the possibility of rate cuts, Yahoo Finance reports. .
Fed Chair Jerome Powell recently said
that while interest rates will likely
be cut "at some point this year,"
"a little bit more data" is needed.
Credit: Wibbitz Top Stories Duration: 01:31Published
Powell Says , Fed Remains Reluctant to Start , Lowering Interest Rates.
On March 6, Federal Reserve Chair Jerome Powell
said that interest rates will start to drop at
some point this year, without specifying when.
CNBC reports that Powell said policymakers
are closely monitoring the risks of inflation and
are reluctant to begin easing rates too quickly.
In considering any adjustments
to the target range for the policy
rate, we will carefully assess
the incoming data, the evolving
outlook, and the balance of risks. , Jerome Powell, Federal Reserve Chair, via CNBC.
The Committee does not
expect that it will be appropriate
to reduce the target range until
it has gained greater confidence
that inflation is moving
sustainably toward 2 percent, Jerome Powell, Federal Reserve Chair, via CNBC.
According to Powell, the Fed needs
"a little bit more data" before
making a decision on rates.
We think because of the strength
in the economy and the strength
in the labor market and
the progress we’ve made,
we can approach that step
carefully and thoughtfully
and with greater confidence, Jerome Powell, Federal Reserve Chair, via CNBC.
When we reach that confidence,
the expectation is we will
do so sometime this year.
We can then begin dialing back
that restriction on our policy, Jerome Powell, Federal Reserve Chair, via CNBC.
Markets are eagerly anticipating the Fed ending its
aggressive rate-hiking campaign, after 11 interest
rate increases between March 2022 and July 2023.
Longer-term inflation expectations
appear to have remained well
anchored, as reflected by
a broad range of surveys of
households, businesses, and
forecasters, as well as measures
from financial markets, Jerome Powell, Federal Reserve Chair, via CNBC.
Longer-term inflation expectations
appear to have remained well
anchored, as reflected by
a broad range of surveys of
households, businesses, and
forecasters, as well as measures
from financial markets, Jerome Powell, Federal Reserve Chair, via CNBC.
CNBC reports that Powell is scheduled for a two-day visit
to Capitol Hill this week, beginning with a March 6
meeting with the House Financial Services Committee.
Credit: Wibbitz Top Stories Duration: 01:31Published
Watch as President Biden delivers a humorous election-year roast, taking playful jabs at his Republican rival, Donald Trump, during the annual White House Correspondents' Association dinner. Amidst political banter, Biden's remarks offer a lighthearted moment in the midst of the campaign season. Tune in for the best moments from the event!
#WhiteHouse #CorrespondentsDinner #USNews #JoeBiden #DonaldTrump #BidenvsTrump #BidenvsTrump #ProPalestineProtestUS #IsraelHamasWar #Oneindia
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Holidays Can Be Stressful, , Here's How to Protect Your Mental Health.
As many of us prepare to join our families for the holidays this year, it's easy to be overcome with stress created by the..
Credit: Wibbitz Top Stories Duration: 01:30Published
'Sesame Street' Introduces First Asian American Muppet.
The Associated Press reports
children's show 'Sesame Street'
is introducing a new member
to its cast, Ji-Young.
Ji-Young is 7 years old,..
Credit: Wibbitz Top Stories Duration: 01:30Published
One year out from the 2022 midterm elections, 58% of Americans say President Joe Biden hasn’t paid enough attention to the nation’s most important problems, as a majority disapproves of the way..
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