Marketmind: BOJ waxes hawkish but Powell at centre stage
A look at the day ahead in European and global markets from Rae Wee Signs of a hawkish tilt by the Bank of Japan prodded a bit of life out of that…
Fed’s Powell acknowledges slimmer corporate profits could help curb inflation
By Howard Schneider WASHINGTON (Reuters) – It wasn’t volunteered, but Federal Reserve Chair Jerome Powell on Tuesday made his most extensive comments to date on the role corporate profits could play in…
Fed’s Powell again rejects idea of raising inflation target
By Michael S. Derby (Reuters) – Federal Reserve Chair Jerome Powell said on Tuesday the U.S. central bank’s decade-old 2% inflation target has in years past been a key factor in keeping…
Jerome Powell Says Fed Is Ready To Hike Interest Rates Quicker Than Anticipated
Jerome Powell Says Fed Is Ready To Hike Interest Rates Quicker Than Anticipated Jason Cohen on March 7, 2023 Federal Reserve Chair Jerome Powell said during testimony to the Senate Banking Committee…
Fed’s Powell sees long-term damage if US debt ceiling not raised
By Michael S. Derby NEW YORK (Reuters) – The United States risks long-term damage if Congress does not raise the national debt ceiling, Federal Reserve Chair Jerome Powell said on Tuesday. “Congress…
Hawkish Powell puts 50 bp Fed rate hikes back on table
NEW YORK (Reuters) – The Federal Reserve will likely need to raise interest rates more than expected in response to recent strong data and is prepared to move in larger steps if…
Marketmind: Hopeful market awaits Powell testimony
A look at the day ahead in European and global markets from Ankur Banerjee Investors have found their appetite for risky assets at the start of a crucial week, shrugging off the…
Fed Chair Powell to testify at House Financial Services Committee March 8
(Reuters) – Federal Reserve Chair Jerome Powell will testify on the U.S. central bank’s semiannual monetary policy report to the House Financial Services Committee on March 8 at 10 a.m. ET, the…
Marketmind: Powell confesses ‘This time it’s different’
A look at the day ahead in U.S. and global markets from Mike Dolan. Jerome Powell calmed the horses, a bit. In attempting to parse last week’s blockbuster January jobs report, the…
Analysis-Rebounding yields could scuttle U.S. stock rally as Powell stays firm on rates
By Lewis Krauskopf NEW YORK (Reuters) – The fate of an early year rally in stocks may depend on whether equities can withstand a recent rise in U.S. Treasury yields, as investors…
Marketmind: The Powell Put
A look at the day ahead in European and global markets from Wayne Cole. Wall Street must be hoping Federal Reserve Chair Jerome Powell would speak in public every day. Given a…
Marketmind: Powell has spoken – bullish or bearish?
By Jamie McGeever (Reuters) – A look at the day ahead in Asian markets from Jamie McGeever. Fed Chair Jerome Powell has spoken and luckily for bulls and bears, there was something…
Instant view: Stocks climb, dollar and U.S. Treasury yields fall as Powell speaks
NEW YORK (Reuters) – U.S. stocks rallied while the dollar and Treasury yields fall as Chair Jerome Powell said the jobs data on Friday showed why the central bank has some ways…
European shares gain on earnings boost, focus on Powell comments
By Ankika Biswas and Amruta Khandekar (Reuters) – European shares eked out slim gains on Tuesday, helped by some upbeat earnings reports though investors grew increasingly jittery about interest rates staying higher…
Marketmind- Market to ChatGPT: what’s Powell gotta say?
A look at the day ahead in European and global markets from Ankur Banerjee Investors are just about coming to terms with the eye-popping payrolls number from Friday, but with Fed Chair…
Fed’s Powell: If economy meets expectations, unlikely to see rate cuts this year
By Michael S. Derby (Reuters) – Federal Reserve Chair Jerome Powell pushed back on Wednesday on rising hopes that the U.S. central bank may be able to undue some of its interest…
Fed’s Powell: Prospect of U.S. soft landing remains alive
(Reuters) – Federal Reserve Chair Jerome Powell said on Wednesday that his hopes for an economic soft landing, despite very aggressive interest rate rises, remain alive. “I continue to think there’s a…
Fed’s Powell: No one should assume Fed can protect economy in debt default
(Reuters) – Congress lifting the debt ceiling is the “only way forward” to allow the federal government to meet its obligations and no one should expect the Federal Reserve to be able…
Fed’s Powell: Possible fed could raise rates beyond December forecast
NEW YORK (Reuters) – Federal Reserve Chairman Jerome Powell said on Wednesday he is not fully sure where the central bank will stop with rate rises as it presses forward with its…
Fed’s Powell: will need substantially more evidence to be confident inflation on downward path
NEW YORK (Reuters) – Federal Reserve Chair Jerome Powell on Wednesday welcomed recent cooling in inflation data but said there had not been enough progress bringing price pressures back to 2%. “We…
Fed chief Powell tests positive for COVID, has mild symptoms
By Ann Saphir WASHINGTON (Reuters) -Federal Reserve Chair Jerome Powell tested positive for COVID-19 on Wednesday and is experiencing mild symptoms from the virus, the U.S. central bank said in a statement.…
Marketmind: Paging Mr. Powell
A look at the day ahead in European and global markets from Anshuman Daga: The strong start to equity markets this year has got bulls excited but markets know it’s better to…
‘He Has No Real Credibility’: Steve Forbes Says Fed Chair Powell Will Be ‘Late’ To Fighting ‘Unnecessary Recession’
‘He Has No Real Credibility’: Steve Forbes Says Fed Chair Powell Will Be ‘Late’ To Fighting ‘Unnecessary Recession’ Harold Hutchison on December 15, 2022 Former presidential candidate Steve Forbes lambasted Federal Reserve…
Powell says Fed will not change 2% inflation goal
By Michael S. Derby WASHINGTON (Reuters) – Federal Reserve Chair Jerome Powell, leading a central bank faced with the swiftest rise in consumer prices in decades, ruled out on Wednesday any change…
RICH POWELL: Conservatives Are Cutting A Clear Path To Solving Climate Change. Here’s How
RICH POWELL: Conservatives Are Cutting A Clear Path To Solving Climate Change. Here’s How Rich Powell on December 9, 2022 Congressional leadership transitions bring forth new committee assignments, new priorities and a…
Jerome Powell Claims ‘Nobody’ Expected Inflation To Get So High. Here Are The Economists Who Did.
Jerome Powell Claims ‘Nobody’ Expected Inflation To Get So High. Here Are The Economists Who Did. Harold Hutchison on November 30, 2022 Federal Reserve Chairman Jerome Powell claimed Wednesday “nobody” thought that…
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