Hints and tips:
...Email Jo at jo.ellison@ft.com Find out about our latest stories first — follow @FTWeekend on Instagram and X, and subscribe to our podcast Life & Art wherever you listen Letter in response to this column...
...“They probably have a sense that they are done, barring unexpected developments, but there are risks and costs to communicating that and so they have to lean against it,” said Ellen Meade, who served as...
...“Stronger growth could absolutely be something that lengthens the runway the Fed has to act,” said Ellen Zentner, chief US economist at Morgan Stanley....
...The extreme right was behind the failed 2017 plot to murder Rosie Cooper, then a Labour MP, and also the assassination of Jo Cox in 2016....
...“Nothing in the policy statement or the press conference led me to doubt our view that this will be the last hike of the cycle,” said Ellen Zentner, chief US economist at Morgan Stanley....
...But start with HTSI editor Jo Ellison’s personal picks for Christmas. Additional contributions from Tee Zhuo and Benjamin Wilhelm...
...Stagings have had a bumpy ride: the second play closed immediately after opening because of Covid restrictions; this third has been impacted by illness, with Jo Martin having to withdraw....
...Jo Ellison is away Find out about our latest stories first — follow @ftweekend on Twitter...
...Ellen Meade, who served as a senior adviser to the Fed’s board of governors until 2021, cautioned the central bank against overconfidence about its grip on inflation....
...Ellen Zentner, chief US economist at Morgan Stanley, said the complex economic backdrop meant Powell was right to send a “very vague, very soft” signal....
...Jo McInnes’s nurse and Paul Higgins’s friar try, as ersatz parents, to forestall disaster....
...“It’s a tremendously challenging time,” said Ellen Meade, who served as a senior adviser to the central bank’s board of governors until 2021....
...Ellen Rintoul, a final year linguistics student at York, has little choice but to put her head down. “I’m going to do everything I need to do, and worry about the grades later....
...“Powell probably doesn’t want to stop until he thinks he’s ready to stop and hold for a while.”...
...“This is not a great period for the Fed right now, not just because the challenges are tremendous, but I think the Fed has also made some missteps,” said Ellen Meade, who served as a senior adviser to the...
...“There’s always this artful dance between the Fed and markets,” said Ellen Zentner, chief US economist at Morgan Stanley....
...Many, including Powell, have warned that they may need to go further should inflation prove more stubborn than they expect....
...Gareth Powell, head of healthcare at Polar Capital, said the RSV vaccine was an “exciting product” but not yet proof of a complete transformation....
...Alphaville covers former FT journalist Jo Johnson’s abrupt resignation from Elara Capital, an investment bank with ties to Gautam Adani....
...Ellen Zentner, chief US economist at Morgan Stanley, wrote in a note to clients on Friday: “The Fed’s job has gotten harder, not easier, as it approaches lift-off.”...
...Ellen Zentner, chief US economist at Morgan Stanley, said that by being “deliberately vague”, Powell was keeping all of the Fed’s policy options open at a time when the economic outlook was historically...
...“This was a very good, goldilocks report that so far is consistent with a soft landing,” said Ellen Gaske, an economist at PGIM Fixed Income....
...In an eight-minute speech delivered at the foothills of Wyoming’s Rocky Mountains in late August, Jay Powell sought to stamp out lingering doubt about the US central bank’s commitment to fighting the worst...
...They’d had a lot of donations from rich anti-Brexit businesspeople who thought that Jo Swinson was going to be able to stop Brexit. And then she came up with that terrible pledge to revoke Brexit....
...Previously Jay Powell, Fed chair, had indicated the central bank was on course for back-to-back 50-basis-point rises at this week’s meeting and the next one in July....
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