Hints and tips:
...The IMF did, however, warn that stickier than expected inflation could slow Federal Reserve plans to reduce interest rates, a point acknowledged by Fed chair Jay Powell yesterday....
...Fed chair Jay Powell emphasised on Wednesday that the central bank’s fight against inflation was “not done” and that more proof was needed that price pressures were easing before rate cuts could be considered...
...Others have expressed concern at the potential ratcheting up of tensions with China and the ditching of Federal Reserve chair Jay Powell....
...Federal Reserve chair Jay Powell told US senators yesterday that the Fed was “in the right place” in its fight against inflation and was “not far” from having the confidence to start cutting rates....
...Government bonds were sold off today in response to US Federal Reserve chief Jay Powell’s comments at the weekend that he expected about three quarter-point cuts this year, dashing hopes from traders for...
...US Federal Reserve chief Jay Powell appeared to hose down any lingering hopes of early interest rate cuts by telling lawmakers that progress on reaching its 2 per cent inflation goal was not “assured”....
...Need to know: Global economy US Federal Reserve chief Jay Powell echoed his ECB counterpart by warning against being “misled” by good data on prices, saying the goal of returning inflation to its 2 per...
...US Federal Reserve chief Jay Powell pushed back on speculation that the Fed had won its fight against inflation, saying it was “premature” to rule out further interest rate rises....
...Today’s top stories Federal Reserve chief Jay Powell said US inflation was still too high in a hawkish speech at the Jackson Hole gathering of central bankers....
...The Federal Reserve is widely expected to raise interest rates by another quarter of a percentage point on Wednesday but investors will be watching for clues from chair Jay Powell as to whether the rise...
...Central banks: Federal Reserve chair Jay Powell gives the opening remarks at a Washington event hosted by the US central bank....
...Today’s top stories Fed chair Jay Powell told the US Congress that the June pause in rising interest rates was “prudent” but that the battle against inflation was not yet over....
...Fed chair Jay Powell struggled to explain the “hawkish pause”, leaving a former official to describe the move as “a policy mistake wrapped in a communication error”....
...Fed chair Jay Powell raised expectations that a pause in the rate-tightening cycle was on the horizon....
...But gradually it pulls into focus and the skilful, multitasking cast create troubled individuals: Ajay Chhabra as the blind king Dhritarashtra, Darren Kuppan as his brooding, angry son Duryodhana, Shawn...
...Meanwhile, I’ll be keeping tabs on: US Federal Reserve: Chair Jay Powell testifies today before the Senate Banking Committee as fellow Fed officials hint at keeping interest rates higher for longer....
...US Federal Reserve chief Jay Powell warned of a return to bigger rate rises if the economy continued to grow too quickly. Attention now turns to Friday’s non-farm payroll and unemployment data....
...Fed chief Jay Powell suggested this week bigger rate rises might be necessary to cool the economy, telling Congress he would be watching today’s jobs figures closely, alongside inflation and retail sales...
...Market reaction: US equities rose slightly yesterday as investors digested Fed chair Jay Powell’s testimony in Washington....
...US Federal Reserve chair Jay Powell warned that interest rates might have to rise more than investors expected because it will probably take a “significant period of time” to curb inflation given stronger...
...Jay Winthrop, a principal at Douglass Winthrop Advisors, noted that it had an “unusual collection of shareholders and it tilts heavily to individuals and families”....
...One year ago, a speech on inflation from US Federal Reserve chief Jay Powell kick-started a bear market. Our new Big Read looks at how investors are coping with the new era of higher interest rates....
...: the economy The BoE was just one of many central banks increasing interest rates over the past few days, led by the US Federal Reserve with its third 0.75 percentage point rise in a row as Fed chief Jay...
...Good evening US Federal Reserve chief Jay Powell today insisted there was no alternative to an aggressive tightening of monetary policy to bring down inflation, declaring the Fed “must keep at it until...
...Federal Reserve chair Jay Powell has warned against giving too much prominence to the GDP reading, arguing that interest rates could rise further without triggering a slump....
International Edition