Chicago Fed chief interview

Chicago Fed chief interview

Federal Reserve Bank of Chicago President Austan Goolsbee gives an interview in Tokyo on May 27, 2026.

Chicago Fed chief interview

Chicago Fed chief interview

Federal Reserve Bank of Chicago President Austan Goolsbee gives an interview in Tokyo on May 27, 2026.

BOJ-hosted international conference in Tokyo

BOJ-hosted international conference in Tokyo

Donald Kohn, former U.S. Federal Reserve vice chair and senior fellow at the U.S. think tank Brookings Institution, makes a speech during an international conference hosted by the Bank of Japan's Institute for Monetary and Economic Studies at the BOJ headquarters in Tokyo on May 27, 2026.

IMF/WB Annual Meetings - Washington

IMF/WB Annual Meetings - Washington

Federal Reserve Chairman Jerome Powell participates in IMF/World Bank Annual Meetings in Washington on October 16, 2024. Photo by Yuri Gripas/ABACAPRESS.COM

IMF/WB Annual Meetings - Washington

IMF/WB Annual Meetings - Washington

Federal Reserve Chairman Jerome Powell participates in IMF/World Bank Annual Meetings in Washington on October 16, 2024. Photo by Yuri Gripas/ABACAPRESS.COM

IMF/WB Annual Meetings - Washington

IMF/WB Annual Meetings - Washington

Federal Reserve Chairman Jerome Powell participates in IMF/World Bank Annual Meetings in Washington on October 16, 2024. Photo by Yuri Gripas/ABACAPRESS.COM

IMF/WB Annual Meetings - Washington

IMF/WB Annual Meetings - Washington

Federal Reserve Chairman Jerome Powell participates in IMF/World Bank Annual Meetings in Washington on October 16, 2024. Photo by Yuri Gripas/ABACAPRESS.COM

IMF/WB Annual Meetings - Washington

IMF/WB Annual Meetings - Washington

Federal Reserve Chairman Jerome Powell participates in IMF/World Bank Annual Meetings in Washington on October 16, 2024. Photo by Yuri Gripas/ABACAPRESS.COM

IMF/WB Annual Meetings - Washington

IMF/WB Annual Meetings - Washington

Federal Reserve Chairman Jerome Powell participates in IMF/World Bank Annual Meetings in Washington on October 16, 2024. Photo by Yuri Gripas/ABACAPRESS.COM

IMF/WB Annual Meetings - Washington

IMF/WB Annual Meetings - Washington

Federal Reserve Chairman Jerome Powell participates in IMF/World Bank Annual Meetings in Washington on October 16, 2024. Photo by Yuri Gripas/ABACAPRESS.COM

IMF/WB Annual Meetings - Washington

IMF/WB Annual Meetings - Washington

Federal Reserve Chairman Jerome Powell participates in IMF/World Bank Annual Meetings in Washington on October 16, 2024. Photo by Yuri Gripas/ABACAPRESS.COM

Economic symposium in Jackson Hole

Economic symposium in Jackson Hole

(from L) U.S. Federal Reserve Chair Jerome Powell, Bank of Japan Governor Kazuo Ueda, European Central Bank President Christine Lagarde and Bank of England Governor Andrew Bailey chat at the venue of an economic symposium in Jackson Hole, Wyoming, on Aug. 22, 2025.

Economic symposium in Jackson Hole

Economic symposium in Jackson Hole

(from L) U.S. Federal Reserve Chair Jerome Powell, Bank of Japan Governor Kazuo Ueda, European Central Bank President Christine Lagarde and Bank of England Governor Andrew Bailey chat at the venue of an economic symposium in Jackson Hole, Wyoming, on Aug. 22, 2025.

Economic symposium in Jackson Hole

Economic symposium in Jackson Hole

(from L) Bank of England Governor Andrew Bailey, European Central Bank President Christine Lagarde, Bank of Japan Governor Kazuo Ueda and U.S. Federal Reserve Chair Jerome Powell pose at the venue of an economic symposium in Jackson Hole, Wyoming, on Aug. 22, 2025.

Fed chair Powell

Fed chair Powell

U.S. Federal Reserve Chair Jerome Powell holds a press conference following the central bank's policy meeting in Washington on May 7, 2025. The Fed kept its key interest rate steady for a third straight policy meeting, saying the risk of inflation has increased.

IMFC plenary at IMF/World Bank meeting - Washington

IMFC plenary at IMF/World Bank meeting - Washington

Federal Reserve Chairman Jerome Powell and British Chancellor of the Exchequer Rachel Reeves at IMFC plenary during the IMF/World Bank Spring Meetings in Washington on April 25, 2025. Photo by Yuri Gripas/ABACAPRESS.COM

IMFC plenary at IMF/World Bank meeting - Washington

IMFC plenary at IMF/World Bank meeting - Washington

Federal Reserve Chairman Jerome Powell attends IMFC plenary during the IMF/World Bank Spring Meetings in Washington on April 25, 2025. Photo by Yuri Gripas/ABACAPRESS.COM

IMFC plenary at IMF/World Bank meeting - Washington

IMFC plenary at IMF/World Bank meeting - Washington

Federal Reserve Chairman Jerome Powell attends IMFC plenary during the IMF/World Bank Spring Meetings in Washington on April 25, 2025. Photo by Yuri Gripas/ABACAPRESS.COM

IMFC plenary at IMF/World Bank meeting - Washington

IMFC plenary at IMF/World Bank meeting - Washington

Federal Reserve Chairman Jerome Powell (R) attends IMFC plenary during the IMF/World Bank Spring Meetings in Washington on April 25, 2025. Photo by Yuri Gripas/ABACAPRESS.COM

IMFC plenary at IMF/World Bank meeting - Washington

IMFC plenary at IMF/World Bank meeting - Washington

Federal Reserve Chairman Jerome Powell attends IMFC plenary during the IMF/World Bank Spring Meetings in Washington on April 25, 2025. Photo by Yuri Gripas/ABACAPRESS.COM

IMFC plenary at IMF/World Bank meeting - Washington

IMFC plenary at IMF/World Bank meeting - Washington

Federal Reserve Chairman Jerome Powell attends IMFC plenary during the IMF/World Bank Spring Meetings in Washington on April 25, 2025. Photo by Yuri Gripas/ABACAPRESS.COM

IMFC plenary at IMF/World Bank meeting - Washington

IMFC plenary at IMF/World Bank meeting - Washington

Federal Reserve Chairman Jerome Powell attends IMFC plenary during the IMF/World Bank Spring Meetings in Washington on April 25, 2025. Photo by Yuri Gripas/ABACAPRESS.COM

IMFC plenary at IMF/World Bank meeting - Washington

IMFC plenary at IMF/World Bank meeting - Washington

Federal Reserve Chairman Jerome Powell attends IMFC plenary during the IMF/World Bank Spring Meetings in Washington on April 25, 2025. Photo by Yuri Gripas/ABACAPRESS.COM

IMFC plenary at IMF/World Bank meeting - Washington

IMFC plenary at IMF/World Bank meeting - Washington

Federal Reserve Chairman Jerome Powell attends IMFC plenary during the IMF/World Bank Spring Meetings in Washington on April 25, 2025. Photo by Yuri Gripas/ABACAPRESS.COM

IMFC plenary at IMF/World Bank meeting - Washington

IMFC plenary at IMF/World Bank meeting - Washington

Federal Reserve Chairman Jerome Powell attends IMFC plenary during the IMF/World Bank Spring Meetings in Washington on April 25, 2025. Photo by Yuri Gripas/ABACAPRESS.COM

Fed chief Powell

Fed chief Powell

Federal Reserve Chair Jerome Powell holds a press conference in Washington on Jan. 29, 2025, following the Federal Open Market Committee's decision to hold the central bank's benchmark interest rate steady at 4.25-4.50 percent.

Fed chief Powell

Fed chief Powell

Federal Reserve Chair Jerome Powell holds a press conference in Washington on Jan. 29, 2025, following the Federal Open Market Committee's decision to hold the central bank's benchmark interest rate steady at 4.25-4.50 percent.

U.S. Fed chief at symposium in Jackson Hole

U.S. Fed chief at symposium in Jackson Hole

U.S. Federal Reserve Chair Jerome Powell (L) chats with Bank of England Governor Andrew Bailey (R) and Bank of Canada Governor Tiff Macklem during the Kansas City Fed's annual economic symposium in Jackson Hole, Wyoming, on Aug. 23, 2024.

Fed chief Powell

Fed chief Powell

Federal Reserve Chair Jerome Powell holds a press conference in Washington on July 31, 2024, following a two-day meeting in which the central bank's benchmark interest rate was left unchanged.

U.S. Fed holds key rate steady

U.S. Fed holds key rate steady

U.S. Federal Reserve Chairman Jerome Powell holds a press conference in Washington on June 12, 2024, following the Federal Open Market Committee's decision to hold the central bank's benchmark interest rate steady at a 23-year high of 5.25-5.50 percent.

U.S. Fed holds key rate steady

U.S. Fed holds key rate steady

U.S. Federal Reserve Chairman Jerome Powell holds a press conference in Washington on June 12, 2024, following the Federal Open Market Committee's decision to hold the central bank's benchmark interest rate steady at a 23-year high of 5.25-5.50 percent.

India's GDP grows by 8.2 pct

STORY: India's GDP grows by 8.2 pct SHOOTING TIME: June 1, 2024 DATELINE: June 2, 2024 LENGTH: 0:01:32 LOCATION: New Delhi CATEGORY: ECONOMY SHOTLIST: 1. various of India gate 2. various of market area 3. various of fuel station 4. various of the Reserve Bank of India STORYLINE: India's gross domestic product (GDP) growth during the previous financial year from April 2023 to March 2024 recorded a jump of nearly 1.2 percent from a year earlier, according to data released by the federal Ministry of Statistics and Program Implementation on Friday. The country's GDP grew 8.2 percent for the full year, and 7.8 percent during the last quarter (January-March 2024) of the financial year, it said. According to media reports, the GDP growth was better than what most economists had predicted. The Reserve Bank of India had forecasted a 6.9-percent growth in real GDP for the fourth quarter of the financial year 2023-2024, with a full-year projection of 7.6 percent. Xinhua News Agency correspondents reporting from N

U.S.-WASHINGTON, D.C.-FED-INTEREST RATES

U.S.-WASHINGTON, D.C.-FED-INTEREST RATES

(240307) -- WASHINGTON, March 7, 2024 (Xinhua) -- U.S. Federal Reserve Chair Jerome Powell is seen before the House Financial Services Committee in Washington, D.C., the United States, March 6, 2024. Powell on Wednesday reiterated that the central bank is not ready to start cutting interest rates, noting that he needs to see a little bit more data before taking any action. (Photo by Aaron Schwartz/Xinhua)

U.S.-WASHINGTON, D.C.-FED-INTEREST RATES

U.S.-WASHINGTON, D.C.-FED-INTEREST RATES

(240307) -- WASHINGTON, March 7, 2024 (Xinhua) -- U.S. Federal Reserve Chair Jerome Powell is seen before the House Financial Services Committee in Washington, D.C., the United States, March 6, 2024. Powell on Wednesday reiterated that the central bank is not ready to start cutting interest rates, noting that he needs to see a little bit more data before taking any action. (Photo by Aaron Schwartz/Xinhua)

U.S.-WASHINGTON, D.C.-FED-INTEREST RATES

U.S.-WASHINGTON, D.C.-FED-INTEREST RATES

(240307) -- WASHINGTON, March 7, 2024 (Xinhua) -- U.S. Federal Reserve Chair Jerome Powell speaks before the House Financial Services Committee in Washington, D.C., the United States, March 6, 2024. Powell on Wednesday reiterated that the central bank is not ready to start cutting interest rates, noting that he needs to see a little bit more data before taking any action. (Photo by Aaron Schwartz/Xinhua)

U.S.-WASHINGTON, D.C.-FED-INTEREST RATES

U.S.-WASHINGTON, D.C.-FED-INTEREST RATES

(240307) -- WASHINGTON, March 7, 2024 (Xinhua) -- U.S. Federal Reserve Chair Jerome Powell is seen before the House Financial Services Committee in Washington, D.C., the United States, March 6, 2024. Powell on Wednesday reiterated that the central bank is not ready to start cutting interest rates, noting that he needs to see a little bit more data before taking any action. (Photo by Aaron Schwartz/Xinhua)

Powell reiterates U.S. Fed not ready to start cutting interest rates

STORY: Powell reiterates U.S. Fed not ready to start cutting interest rates SHOOTING TIME: March 6, 2024 DATELINE: March 7, 2024 LENGTH: 00:01:00 LOCATION: Washington D.C. CATEGORY: ECONOMY SHOTLIST: 1. various of the congressional hearing before the House Financial Services Committee 2. SOUNDBITE 1 (English): JEROME POWELL, U.S. Federal Reserve Chair 3. SOUNDBITE 2 (English): JEROME POWELL, U.S. Federal Reserve Chair 4. SOUNDBITE 3 (English): JEROME POWELL, U.S. Federal Reserve Chair 5. various of the Capitol Hill STORYLINE: U.S. Federal Reserve Chair Jerome Powell on Wednesday reiterated that the central bank is not ready to start cutting interest rates, noting that he needs to see a little bit more data before taking any action. "If the economy evolves broadly as expected, it will likely be appropriate to begin dialing back policy restraint at some point this year," Powell said in prepared remarks for a congressional hearing before the House Financial Services Committee. SOUNDBITE 1 (English): J

U.S. Fed leaves rates unchanged amid inflation progress

STORY: U.S. Fed leaves rates unchanged amid inflation progress SHOOTING TIME: Jan. 31, 2024 DATELINE: Feb. 1, 2024 LENGTH: 00:00:54 LOCATION: Washington, D.C. CATEGORY: ECONOMY SHOTLIST: 1. various of the press conference 2. SOUNDBITE (English): JEROME POWELL, U.S. Federal Reserve Chair STORYLINE: The U.S. Federal Reserve on Wednesday left interest rates unchanged at a 22-year high of 5.25 percent to 5.5 percent as inflation continued to cool, while avoiding the signal of an imminent rate cut going forward. This latest policy meeting, the first in 2024, marked the fourth straight meeting for the central bank to hold policy rate steady. At a press conference Wednesday afternoon, Fed Chair Jerome Powell said that inflation eased from its highs without a significant increase in unemployment, which was "very good news," while noting that inflation remained above the Fed's longer-run goal of 2 percent. SOUNDBITE (English): JEROME POWELL, U.S. Federal Reserve Chair "Today, the FOMC decided to leave our policy

Xinhua Headlines: Xinhua's top 10 world news events in 2023

Xinhua Headlines: Xinhua's top 10 world news events in 2023

(231230) -- BEIJING, Dec. 30, 2023 (Xinhua) -- People queue up outside the headquarters of the Silicon Valley Bank (SVB) in Santa Clara, California, the United States, March 13, 2023. The SVB was closed on March 10 by regulators. Top 10 world news events in 2023 4. "De-risking" exacerbates global economic predicament In March, some Western politicians came up with the concept of "de-risking," extending the underlying logic of "decoupling" and the "small yard, high fence" doctrine. This goes against economic laws and historical development trends, essentially rejecting opportunities, cooperation, stability and development. Currently, the world economy faces multiple challenges which thwart the recovery process. The Federal Reserve's continued aggressive interest rate hikes have sharply increased risks in American and European banking sectors, leading to deteriorating global liquidity and rising default risks in emerging economies. The United States has been persistently advancing protectionist indust

U.S. Fed leaves interest rates unchanged as inflation cools, signaling end to rate hiking cycle

STORY: U.S. Fed leaves interest rates unchanged as inflation cools, signaling end to rate hiking cycle SHOOTING TIME: Dec. 13, 2023 DATELINE: Dec. 14, 2023 LENGTH: 0:00:36 LOCATION: Washington D.C. CATEGORY: ECONOMY SHOTLIST: 1. various of the press conference STORYLINE: The U.S. Federal Reserve on Wednesday left interest rates unchanged at a 22-year high of 5.25 percent to 5.5 percent as inflation continued to cool, signaling an end to its rate hiking cycle and possible rate cuts next year. "Recent indicators suggest that growth of economic activity has slowed from its strong pace in the third quarter," the Federal Open Market Committee (FOMC) said in a statement after concluding a two-day policy meeting, the last in 2023. "Job gains have moderated since earlier in the year but remain strong, and the unemployment rate has remained low. Inflation has eased over the past year but remains elevated," the committee said. The central bank noted that tighter financial and credit conditions for households and

Economic symposium in Jackson Hole

Economic symposium in Jackson Hole

Bank of Japan Governor Kazuo Ueda (C) chats with U.S. Federal Reserve Chair Jerome Powell (R) at a villa used for an economic symposium in Jackson Hole, Wyoming, on Aug. 25, 2023. Standing next to Ueda is European Central Bank President Christine Lagarde.

Malaysian ringgit foreseen to average MYR 4.26 against USD this year

STORY: Malaysian ringgit foreseen to average MYR 4.26 against USD this year DATELINE: June 14, 2023 LENGTH: 00:02:09 LOCATION: Kuala Lumpur CATEGORY: ECONOMY SHOTLIST: 1. various of Malaysia's national flag and Kuala Lumpur street views 2. various of bank notes counting 3. various of customers shopping at a supermarket 4. various of people shopping STORYLINE: The Malaysian Industrial Development Finance (MIDF) Research has revised its foreign exchange outlook for Malaysian ringgit (MYR) to average at MYR 4.26 against U.S. dollar this year, from a previous forecast of MYR 4.20. The research house said on Monday in a note that although this points to a slower appreciation than previously forecasted, it will still be stronger than an average MYR 4.40 recorded last year. Taking into account U.S. Federal Reserve (Fed) pausing rate hikes later this year and no rate cuts despite the United States experiencing below-trend growth, it foresees fund flows to return to emerging markets. Despite the robust

One after another, U.S. banking crisis deemed far from over

STORY: One after another, U.S. banking crisis deemed far from over DATELINE: May 11, 2023 LENGTH: 00:02:26 LOCATION: Beijing CATEGORY: ECONOMY SHOTLIST: 1. various of the Federal Reserve 2. various of a First Republic Bank branch in Manhattan, New York 3. New York Stock Exchange on Wall Street 4. SOUNDBITE 1 (English): CHARLES READ, Scholar in economics and history at the University of Cambridge 5. various of a Silicon Valley Bank branch 6. SOUNDBITE 2 (English): GIORGIO DI GIORGIO, Professor of macroeconomics and monetary policy at Rome's LUISS University 7. various of a Signature Bank branch in Manhattan, New York 8. various of pedestrians in New York 9. SOUNDBITE 3 (Turkish): MURAT TUFAN, Analyst with Turkish broadcaster Ekoturk 10. various of pedestrians in New York STORYLINE: In a dramatic move aimed at curbing the two-month banking crisis, U.S. regulators seized control of First Republic Bank and sold it to JPMorgan Chase earlier this month. However, stocks of regional banks in the U.S. continue to

Fed's aggressive actions contribute to recent U.S. bank failures: experts

STORY: Fed's aggressive actions contribute to recent U.S. bank failures: experts DATELINE: May 9, 2023 LENGTH: 0:02:30 LOCATION: NEW YORK, U.S./London CATEGORY: POLITICS SHOTLIST: 1. various of the press conference at the U.S. Federal Reserve 2. various of branches of Silicon Valley Bank, Signature Bank and First Republic Bank 3. SOUNDBITE 1 (English): CHARLES READ, Scholar in economics and history at the University of Cambridge 4. SOUNDBITE 2 (English): BRENDAN AHERN, Chief Investment Officer of U.S.-based asset management firm Krane Funds Advisors STORYLINE: The U.S. Federal Reserve has implemented the 10th interest rate hike in about a year. The Fed's historical tightening, which has pushed the central bank's benchmark rate to its highest in nearly 16 years, has resulted in some "side effects," notably in the banking industry. Many economists and analysts believe that the Fed's aggressive actions played a role in the recent failures of three U.S. banks and that more regulations are needed to prevent t

U.S.-WASHINGTON, D.C.-RECENT BANK FAILURES-HEARING

U.S.-WASHINGTON, D.C.-RECENT BANK FAILURES-HEARING

(230328) -- WASHINGTON, March 28, 2023 (Xinhua) -- Vice Chairman For Supervision of Board of Governors of the Federal Reserve System Michael Barr attends a Senate Committee on Banking, Housing, and Urban Affairs' hearing on "Recent Bank Failures and the Federal Regulatory Response" on Capitol Hill in Washington, D.C., the United States, on March 28, 2023. (Xinhua/Liu Jie)

U.S.-WASHINGTON, D.C.-RECENT BANK FAILURES-HEARING

U.S.-WASHINGTON, D.C.-RECENT BANK FAILURES-HEARING

(230328) -- WASHINGTON, March 28, 2023 (Xinhua) -- Vice Chairman For Supervision of Board of Governors of the Federal Reserve System Michael Barr attends a Senate Committee on Banking, Housing, and Urban Affairs' hearing on "Recent Bank Failures and the Federal Regulatory Response" on Capitol Hill in Washington, D.C., the United States, on March 28, 2023. (Xinhua/Liu Jie)

U.S.-WASHINGTON, D.C.-RECENT BANK FAILURES-HEARING

U.S.-WASHINGTON, D.C.-RECENT BANK FAILURES-HEARING

(230328) -- WASHINGTON, March 28, 2023 (Xinhua) -- Vice Chairman For Supervision of Board of Governors of the Federal Reserve System Michael Barr attends a Senate Committee on Banking, Housing, and Urban Affairs' hearing on "Recent Bank Failures and the Federal Regulatory Response" on Capitol Hill in Washington, D.C., the United States, on March 28, 2023. (Xinhua/Liu Jie)

U.S.-WASHINGTON, D.C.-RECENT BANK FAILURES-HEARING

U.S.-WASHINGTON, D.C.-RECENT BANK FAILURES-HEARING

(230328) -- WASHINGTON, March 28, 2023 (Xinhua) -- Vice Chairman For Supervision of Board of Governors of the Federal Reserve System Michael Barr attends a Senate Committee on Banking, Housing, and Urban Affairs' hearing on "Recent Bank Failures and the Federal Regulatory Response" on Capitol Hill in Washington, D.C., the United States, on March 28, 2023. (Xinhua/Liu Jie)

Dow sinks 530 points after Fed rate hike

STORY: Dow sinks 530 points after Fed rate hike DATELINE: March 23, 2023 LENGTH: 00:02:28 LOCATION: NEW YORK, U.S. CATEGORY: ECONOMY SHOTLIST: 1. various of New York Stock Exchange on Wall Street 2. various of the Federal Reserve 3. various of Fed Chair Jerome Powell making an announcement 4. various of a Signature Bank branch in Manhattan, New York STORYLINE: U.S. stocks fell sharply on Wednesday after the Federal Reserve raised rates by a quarter of a percentage point. The Dow Jones Industrial Average fell 530.49 points, or 1.63 percent, to 32,030.11. The S&P 500 dropped 65.90 points, or 1.65 percent, to 3,936.97. The Nasdaq Composite Index shed 190.15 points, or 1.60 percent, to 11,669.96. All the 11 primary S&P 500 sectors ended in red, with real estate and financials down 3.64 percent and 2.37 percent respectively, leading the slide. The Fed approved a 25 basis point rate hike at the conclusion of its two-day meeting on Wednesday, forging ahead with its fight against stubborn inflation despite fina

Xinhua Headlines: U.S., Europe in bank turbulence, triggering fears globally

Xinhua Headlines: U.S., Europe in bank turbulence, triggering fears globally

(230319) -- NEW YORK, March 19, 2023 (Xinhua) -- This photo taken on April 20, 2022 shows the U.S. Federal Reserve in Washington, D.C., the United States. (Xinhua/Liu Jie)