Hints and tips:
...Fed chair Jay Powell said on Tuesday it was likely to take “longer than expected” for inflation to reach the target level that would allow the central bank to cut rates....
...Top executives Gregg Lemkau and Dina Powell have also left in recent years to BDT & MSD, the merchant banking and advisory group created by former Goldman banker Byron Trott and personal computer billionaire...
...Job moves BDT & MSD Partners’ global head of client services Dina Powell McCormick will join the board of ExxonMobil, as of January 1....
...On the Sunday following the 2020 US election, hours after lawyer Sidney Powell told Fox viewers that election machine-maker Dominion was “flipping votes” against Donald Trump, Hootan Yaghoobzadeh received...
...“This is a west coast bank that operates at the heart of innovation and is . . . empathetic and dependent on relationships,” a former executive told DD’s Tabby Kinder and Antoine Gara....
...,” Powell later recalled....
...bet on rate cuts from the current benchmark rate of 5 to 5.25 per cent, despite annual wage inflation of 4.4 per cent and a labour market which remains “extraordinarily tight” according to Fed chair Jay Powell...
...“Everyone was getting comfortable in August again but unfortunately Jackson Hole happened and then everything went haywire,” the banker added, alluding to Federal Reserve chair Jay Powell’s remarks in Jackson...
...Additional reporting by Andrew Edgecliffe-Johnson and Antoine Gara in New York...
...Antoine Bouvet, senior rates strategist at ING, said Fed chief Jay Powell’s “hawkish turn” earlier in the week made sense given how high inflation remains, with Friday’s jobs data providing further vindication...
...Musk would come after several tech billionaires have acquired marquee media assets in recent years, including Jeff Bezos, the founder of Amazon who owns the Washington Post; Steve Jobs’s widow Laurene Powell...
...As the pair recalled the days just before a three decade-plus bull market in risky debt that made them both billionaires, Fed chair Jay Powell announced a 50 basis point increase in interest rates and signalled...
...I wish there were a painless way to do that,” Powell said....
...Antoine Bouvet of ING said Friday’s job data was “the icing on the cake” after Fed chair Jay Powell’s “hawkish turn” and high inflation....
...Federal Reserve chair Jay Powell later refused to rule out an aggressive series of interest rate increases in 2022, prompting a jump in the yields on government debt....
...But Microsoft’s performance had offered reassurance, said Antoine Lesne, head of research and strategy at State Street’s SPDR ETF business. “The earnings are not all that bad,” he said....
...Lina Khan and Jay Powell solve banker burnout It’s setting up to be a relatively pleasant summer for M&A bankers....
...Those factors, along with inflows from investors, may be particularly pertinent for Tips, according to ING strategist Antoine Bouvet....
...“Getting to 2 per cent from here would be a pretty sharp adjustment,” said Antoine Bouvet, a senior rates strategist at ING....
...Chair Jay Powell has said discussions are under way about the eventual scaling back of those purchases, but the timing and pace of the retreat are hotly contested....
...(Alphaville’s Jamie Powell recounts some of the book’s best moments here.)...
...Job moves Danone has chosen Antoine de Saint-Affrique, who has run Swiss cocoa and chocolate manufacturer Barry Callebaut since 2015, as its chief executive....
...“A lot of countries have a mid-August slot in their calendar for auctions, which they typically don’t use, but these are exceptional circumstances,” said ING strategist Antoine Bouvet....
...The Fed is also close to wrapping up a once-in-a-decade review of its monetary policy toolkit, launched by chairman Jay Powell, in which it is considering introducing a “make-up strategy” for inflation —...
...Anthony Powell writes of A Dance to the Music of Time. Nineteen Eighty-Four opens with the brilliantly unheimlich detail of the clocks “striking thirteen”....
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