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...“I don’t have a stance on that,” Powell said. “It’s not something I’m focused on . . ....
...The Federal Reserve’s rate-setters still expect to make about three quarter-point rate cuts this year, its chair Jay Powell said in an interview that aired last night....
...— Exploring the ECB’s distributional wealth accounts (Benjamin Braun) — An SDR-linked bond can strengthen the finances of the World Bank Group (Brad Setser and Stephen Paduano for CFR) — Reassessing...
...Last week, Fed chair Jay Powell told a Senate hearing that commercial real estate does pose a risk to a number of small and mid-sized banks. “There will be more failures,” Powell said....
...That’s the inflation gauge where Jay Powell has already won....
...Microsoft’s 21-month battle to pull off its blockbuster purchase of gaming company Activision has been one of the M&A world’s most tortuous recent sagas....
...Here’s what I’m keeping tabs on today and over the weekend: Election 2024: US President Joe Biden will travel to a campaign event in Philadelphia, while former president Donald Trump will host Hungarian...
...So nobody wants to be Arthur Burns, least of all Jay Powell....
...Additional reporting by Louis Ashworth Letter in response to this article: The thrill of reading a trendy lefty newspaper / From Nick Bradbury, Reading, Berkshire, UK...
...Powell said market expectations of a rate cut in March were not his “base case”. Powell also said there was “a way to go” before the Fed could claim victory in its battle against excessive inflation....
...I’m joined now by the FT’s Steff Chávez. She covers Boeing. Hey, Steff. Steff ChávezHi, Marc....
...(Another thing, Mr Horwitz and Mr Koppelman: what follows is not legal advice, and I’m not a lawyer.)...
...I’m Ethan Wu. Thanks for listening. [MUSIC PLAYING]...
...“I’m a little sceptical; I don’t think we’re going to continue to see the rapid improvement that we’ve seen in the past few months.”...
...White & Case has hired Patrick Sarch to be head of UK public M&A. He rejoins from Hogan Lovells....
...I'm a water lawyer, so I have a bias toward following the law as is written. And right now, the law is written with a priority system in place....
...POWELL: As long as I’m talking, I find [these options] to be loathsome. I hope that gets into the minutes....
...Powell the hawk warned that “ongoing progress toward our 2 per cent inflation objective is not assured”....
...Jay Powell: Between a new tone in the policy statement, fresh projections indicating a less aggressive path for interest rates and Powell’s own commentary during a press conference, the signals pointed in...
...After Barkan’s lobbying, “current chair Jerome Powell often sounded like he was reading from Fed Up’s hymn book when he touted the praises of low unemployment....
...“I’m more sanguine about humanity, not less,” he beams....
...Powell even highlighted the better vibes....
...And so I think we need to take Fed chair Powell at his word....
...Lilah Raptopoulos Brad Pitt . . . Claire Parker Brad Pitt. That’s right. Yeah....
...“I’m working to get results for the American people and it’s happening — and I’m not going to let up for one second,” he said....
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