Hints and tips:
...The lack of a clear response in the markets to all this is “remarkable”, said Simon Derrick, an analyst at BNY Mellon....
...Any back-up in yield is a buying opportunity as Mr Powell has opened the door to easing this summer....
...Simon Derrick of BNY Mellon, has generously laid out the key dates, starting with the Conservative Party conference at the end of September....
...“Powell is in a different place to his predecessor, because the US economy is considerably stronger than it was under Yellen,” said Mr Derrick....
...Simon Derrick at BNY Mellon notes that the global FX reserve growth “has largely flatlined” since 2013 and that means there is less incentive among reserve managers to buy more of the euro and diversify...
...While that boosted Wall Street, Mr Powell later said he expected a much smaller balance sheet, triggering a brief bout of selling....
...Whether the Fed under Jay Powell adopts a more measured tone and recognises the importance of the dollar in the financial system remains to be seen....
...What policy signal will Jay Powell send?...
...Kelvyn Derrick, for services to engineering. Geoffrey Drage, for services to intellectual property rights. Richard Emery, broadcaster. Jane Gardam, author....
...Powell, 25, has most to prove....
...Powell’s brother Donovan ran in the 1999 world championship, while the great Bahamian sprinter Derrick Atkins is Powell’s second cousin. But Jamaica embraces Powell....
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