Hints and tips:
...While the Fed may not be ready to hint at a policy shift, Constance Hunter at MacroPolicy Perspectives said officials would be flexible as they approached the next stage of their battle against inflation...
...But as Powell ruefully observed: “The speed of the run [is] very different from what we’ve seen in the past.”...
...Constance Hunter, a senior adviser at MacroPolicy Perspectives, says: “[The Fed is] not going to go from tightening to easing and skip a neutral bias....
...His paintings answer TS Eliot’s call to modernism in “The Love Song of J Alfred Prufrock”, writes Jackie: “It is impossible to say just what I mean!...
...Yellen, Powell and Gruenberg spoke again, and brought Michael Barr, the Fed’s vice-chair for supervision, into the conversation....
...The Treasury secretary and Powell said the “show of support by a group of large banks is most welcome, and demonstrates the resilience of the banking system”....
...On the equity side, small-cap stocks continue to be the story: while the S&P 500 has shrugged, the Russell 2000 is up 6 per cent since Jay Powell started talking....
...Margaret, from a long line of lawyers that includes J E Casely-Hayford, a politician and influential figure in the movement towards Ghana’s independence, would love her daughter to have followed her into...
...“We are going to be doing everything to maximise our share of that competitive space,” he said, while acknowledging that “we’ve got to be realistic — Pfizer is coming, and J&J and Moderna”....
...Constance Hunter, global head of strategy and ESG at AIG, said the diversity of views indicated “a Fed that has a certain amount of agility with regard to how it might respond to events as they unfold for...
...Sadly, the original J-Pow has now left us, so aside from the automatically updated share prices, his spreadsheet has languished....
...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....
...“The economy can absolutely handle slightly higher interest rates,” said Constance Hunter, chief economist at KPMG....
...Whatever the US figure, Fed chair Jay Powell made it crystal clear in his comments last week that his team will do what it takes to squeeze inflation out of the economy....
...CIA director William J Burns said in a statement that Powell “offered as fine a model of leadership as I have ever known”. Additional reporting by Katrina Manson...
...Try the pairing of six Lindisfarne oysters with a cool gin martini (£35) for the full experience. 28-32 St Martin’s Court, WC2; book at j-sheekey.co.uk...
...Worth more than Aviva, Arthur J Gallagher and Hannover Rück -- the third largest reinsurer globally....
.... -- J&J’s hot shot -- Time for Europe to turn on the taps -- The derivatives at the heart of the Archegos blow-up -- Big brother scrapped at Amazon -- Is Spotify really listening to artists?...
...Letter in response to this column: Central banker chattiness is a flawed PR strategy / From Alex J Pollock, Senior Fellow, Mises Institute, Auburn, AL, US...
...Constance Hunter, chief economist at KPMG, said a December notice was more likely at a time of such extreme uncertainty, while others caution the taper announcement could be pushed into next year....
...Apollo is said to be running the rule over J Sainsbury, the Sunday Times reported....
...On Monday, supermarket chain J Sainsbury became the latest to open a checkout-free store in central London and the first in Europe to license Amazon’s “just walk out” technology for its own use....
...Simon Roberts, head of the UK’s second-largest supermarket J Sainsbury, said there would be less choice of some products this Christmas, as he detailed inflationary pressures and supply chain problems, particularly...
...The US Food and Drug Administration has approved booster shots from Moderna and J&J, following earlier approval for the BioNTech/Pfizer jab....
...City Insider Brokers to J Sainsbury and Wm Morrison have been helping stoke expectations of a private equity supermarket sweep....
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