01:03:23
Fed Chairman Powell: Committed to reaching broad consensus at the Fed on bank proposals.
01:03:04
Fed Chairman Powell: If we need to redo recommendations on Basel III, that is a viable option and we will do that.
01:02:36
New York Community Bank resumed trading, and the decline widened to 15%.
01:01:29
Fed Daley: The Fed is "focused" and "resolute" on reducing inflation.
01:01:09
Fed Daley: We are committed to the task of price stability.
00:53:47
Spanish Prime Minister Sanchez: I hope the EU-Mercosur agreement can be completed as soon as possible.
00:47:29
The U.S. dollar index DXY fell 0.50% on the day and is currently at 103.26.
00:47:17
Fed Chairman Powell: We are developing liquidity rules, but they have not been proposed yet.
00:47:05
Iraqi officials: Iraq has pledged to donate $25 million to the United Nations Relief and Works Agency for Palestine Refugees in the Near East (UNRWA).
00:46:03
Federal Reserve Chairman Powell: We have communicated with other regulatory agencies on how to solve this problem; some small banks have high concentration risks.
00:43:30
Texas, USA: Exxon Mobil Corp (XOM.N) will lay off 111 oil and gas producer Denbury employees in Texas in April.
00:41:39
Fed Chairman Powell: I believe at least we will have broad support on the board of governors.
00:41:09
Fed Chairman Powell: I believe we will reach consensus on Basel III.
00:40:16
Market news: Italy (except Sardinia) will phase out coal from 2025.
00:39:58
Federal Reserve Chairman Powell: We will not seek inflation to reach 2% before cutting interest rates.
00:39:15
Fed Chairman Powell: (When asked about Basel III) We have received more negative comments than ever before.
00:37:41
Fed Chairman Powell: The capital framework is basically appropriate.
00:37:31
Fed Chairman Powell: We are not looking for better inflation data than what we already have, but we are looking more closely at what we have already seen.
00:36:30
Fed Chairman Powell: 12-month inflation will continue to decline as we move forward.
00:35:58
Fed Chairman Powell: We want to see more good and relatively low inflation data.