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…
Marketmind: Powell clears the decks
LONDON (Reuters) – A look at the day ahead in U.S. and global markets from Mike Dolan. Intended or not, investors clearly read Wednesday’s keynote speech by the Federal Reserve chair as…
Fed Chair Powell: cutting rates is not something to do soon
(Reuters) – Federal Reserve Chair Jerome Powell on Wednesday said the U.S. central bank should use a “risk management” approach to raising rates, going “slower and feeling our way a little bit”…
Marketmind: Powell point presentation
By Jamie McGeever (Reuters) – A look at the day ahead in Asian markets from Jamie McGeever. Federal Reserve Chair Jerome Powell could set the market tone for the rest of the…
Bullard: Up to Chair Powell to decide size of rate increases at upcoming meetings
WASHINGTON (Reuters) – St. Louis Fed President James Bullard on Thursday said he would defer to Chair Jerome Powell to decide on the size of upcoming rate increases as the Fed feels…
Powell County Man Sentenced to 120 Months for Methamphetamine Trafficking
LEXINGTON, Ky. – A Beattyville, Ky., man, Byron Wathen, 47, was sentenced in federal court on Tuesday, to ten years in prison, by U.S. District Judge Karen Caldwell, for possession with the…
Powell says Fed officials recommitted to meeting new ethics standards
By Michael S. Derby NEW YORK (Reuters) – Federal Reserve Chair Jerome Powell acknowledged on Wednesday the U.S. central bank’s latest ethics stumbles and said it was working hard to make sure…
Powell says Fed officials recommitted to meeting new ethics standards
By Michael S. Derby NEW YORK (Reuters) – Federal Reserve Chair Jerome Powell acknowledged on Wednesday the U.S. central bank’s latest ethics stumbles and said it was working hard to make sure…
Fed’s Powell: ‘Soft landing’ chances have narrowed
(Reuters) – There remains a chance that the U.S. economy can escape a recession as the Federal Reserve raises interest rates to lower inflation, but that window of opportunity for a “soft…
Fed’s Powell: ‘Ultimate level’ of rates likely higher than earlier estimates
(Reuters) – The “ultimate level” of the Federal Reserve’s benchmark policy rate is likely higher than previously estimated, Fed Chair Jerome Powell said on Wednesday. In remarks at a press conference after…
Fed’s Powell reiterates call for appropriate regulation of digital finance
(Reuters) – Digital financial assets require appropriate regulations to ensure a level playing field and protect consumers, Federal Reserve Chair Jerome Powell said on Tuesday. “Within the decentralized finance ecosystem there are…
SHEFFIELD: Powell Won’t Admit How America Got Into Such Dire Economic Straits In The First Place
SHEFFIELD: Powell Won’t Admit How America Got Into Such Dire Economic Straits In The First Place Carrie Sheffield on September 22, 2022 The Federal Reserve’s decision to raise target interest rates by…
Fed’s Powell: U.S. housing market headed for ‘correction’
(Reuters) – Federal Reserve Chair Jerome Powell on Wednesday said the U.S. housing market will probably go through a “correction” after a period of “red hot” price increases that have put home…
Kraken taps insider Ripley to replace CEO Powell
(Reuters) – Crypto exchange Kraken said on Wednesday Chief Operating Officer Dave Ripley would replace top boss Jesse Powell, who is stepping down after more than a decade at the helm. Ripley,…
Powell says Fed “strongly committed” to inflation fight
NEW YORK (Reuters) – Wall Street’s main indexes opened lower as concerns about aggressive monetary tightening were reinforced by Federal Reserve chair Jerome Powell who said on Thursday the central bank was…
Fed’s Powell: Fed’s two mandates not in conflict
(Reuters) – Federal Reserve Chair Jerome Powell on Thursday said he did not see a conflict between the central bank’s two congressionally mandated goals to foster both maximum employment and price stability,…
Marketmind: Powell shock meets power shock
A look at the day ahead in U.S. and global markets from Mike Dolan. Even as U.S. markets readjust to the harsher interest rate horizon that emerged from last week’s Jackson Hole…
Fed’s Kashkari: ‘happy’ with market reaction to Powell speech -Bloomberg
(Reuters) – Minneapolis Federal Reserve Bank President Neel Kashkari on Monday said he felt the stock market selloff that followed Fed Chair Jerome Powell’s hawkish speech on Friday shows investors understand the…
SHEFFIELD: There’s A Massive Elephant In The Room And Fed Chair Powell Just Totally Ignored It
SHEFFIELD: There’s A Massive Elephant In The Room And Fed Chair Powell Just Totally Ignored It Carrie Sheffield on August 26, 2022 Yet again, Federal Reserve Chairman Jerome Powell refused Friday to…
Fed’s Bostic: Powell was preparing for some job losses – Fox Business
(Reuters) – Atlanta Federal Reserve President Raphael Bostic on Friday said Chair Jerome Powell was trying to prepare Americans for the possibility of a weaker job market as the central bank raises…
Fed’s Mester sees rates above 4%, says Powell speech ‘strong’ – BBG TV
(Reuters) – Cleveland Federal Reserve President Loretta Mester on Friday said she thinks the U.S. central bank needs to lift interest rates above 4% and said she believed Chair Jerome Powell delivered…
‘Far Greater Pain’: Jerome Powell Issues Grim Prediction On Reining In Inflation
‘Far Greater Pain’: Jerome Powell Issues Grim Prediction On Reining In Inflation John Hugh DeMastri on August 26, 2022 The Federal Reserve will not stop interest rate raises designed to combat inflation…
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 World Cup…
Fed’s Powell leaves kid gloves behind as he saddles up for Jackson Hole
(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 the soothing…
Investors see no Fed pivot, brace for hawkish Powell message in Jackson Hole
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 the annual…
Goldman sees Powell sticking to July tightening message at Jackson Hole
(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 Jackson Hole…
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