Marketmind: Fed Chair Powell hoping to do a Maradona
A look at the day ahead in European and global markets from Alun John Did Fed Chair Jerome Powell watch Diego Maradona’s second goal against England in the 1986 Football…
A look at the day ahead in European and global markets from Alun John Did Fed Chair Jerome Powell watch Diego Maradona’s second goal against England in the 1986 Football…
(Reuters) – Federal Reserve Chair Jerome Powell’s message on inflation and interest rates at this year’s Jackson Hole central banking conference in Wyoming will strike a tone entirely different from…
By Gertrude Chavez-Dreyfuss NEW YORK (Reuters) – Investors are bracing for the Federal Reserve to double down on its commitment to crushing inflation, and expect its chair Jerome Powell at…
(Reuters) – Goldman Sachs said on Tuesday it expects Federal Reserve Chair Jerome Powell to reiterate the case for slowing the pace of tightening, when he speaks at the annual…
(Reuters) – Federal Reserve Chair Jerome Powell will address the annual global central banking conference in Jackson Hole, Wyoming, on Aug. 26, a highly anticipated speech that could signal how…
By Jamie McGeever ORLANDO, Fla. – The U.S. Federal Reserve’s plan to unwind its bond-bloated balance sheet has taken a backseat to its dramatic interest rate hikes of recent months…
(Reuters) – U.S. Federal Reserve Chair Jerome Powell had a flurry of activity with his rate-setting colleagues one day before the central bank’s June policy meeting, when it pivoted last-minute…
NEW YORK – Federal Reserve Chair Jerome Powell on Wednesday said he has been gratified to see that financial markets have behaved in an orderly way as the U.S. central…
(Reuters) – Federal Reserve Chair Jerome Powell on Wednesday said he did not believe the U.S. economy is currently in a recession but it is softening and the path for…
(Reuters) – The lack of clear visibility into the future trajectory of the economy means the Federal Reserve can provide reliable guidance about where its policy is headed only on…
(Reuters) – Another “unusually large” increase in interest rates may be appropriate at the Federal Reserve’s September meeting, but the decision will be determined by the incoming economic data between…
By Trevor Hunnicutt WASHINGTON – Ahead of a crucial midterm election, U.S. President Joe Biden is leaning heavily on one man, moderate Republican and Federal Reserve Chair Jerome Powell, to…
Powell Admits That Fighting Inflation Could Lead To Recession Max Keating on June 30, 2022 The Federal Reserve’s efforts to tamp down on inflation may lead to an economic recession,…
By Sruthi Shankar and Susan Mathew (Reuters) -European stocks bounced off session lows on Wednesday after Federal Reserve Chair Jerome Powell said the U.S. central bank is “strongly committed” to…
(Reuters) – The development of an official digital version of the U.S. dollar could help safeguard its global dominance as other countries issue their own, Fed Chair Jerome Powell said…
PHILADELPHIA, PA – The Philadelphia Police Department is requesting the public’s assistance in locating missing juvenile Noormyjah Powell. Noormyjah was last seen at her residence on the 1700 block of…
(Reuters) – Federal Reserve Chair Jerome Powell will give his twice-yearly report on monetary policy to the U.S. Senate on June 22, just a week after the central bank is…
WASHINGTON – U.S. President Joe Biden told Federal Reserve Chair Jerome Powell on Tuesday that he will give the central bank the space and independence to address inflation as it…
WASHINGTON – U.S. President Joe Biden said he and Jerome Powell will discuss inflation in a White House meeting Tuesday, and pledged to give the Federal Reserve chair space to…
The Philadelphia Police Department is requesting the public’s assistance in locating missing juvenile Noormyjah Powell. Noormyjah, from the 1700 block of Snyder Street was last seen on Saturday, May 21,…
(Reuters) – The Federal Reserve will “keep pushing” to tighten U.S. monetary policy until it is clear inflation is declining, Fed chair Jerome Powell said on Tuesday. “What we need…
By Howard Schneider WASHINGTON – With a war in Europe underway, a pandemic still locking down parts of the global economy and financial markets having turned sharply volatile, the U.S.…
(Reuters) – Federal Reserve Chair Jerome Powell on Wednesday said central bank officials are not “actively” considering a rate hike of three-quarters of a percentage point at coming monetary policy…
By Howard Schneider WASHINGTON – With even the most dovish U.S. central bankers now calling for a key interest rate to hit its “neutral” level by year’s end to tame…
By Ann Saphir (Reuters) – Federal Reserve Chair Jerome Powell worked through the weekend after Russia’s Feb. 24 invasion of Ukraine, meeting with staff on both Saturday and Sunday for…