Hints and tips:
...katie.martin@ft.com...
...Additional reporting by George Steer in New York and Martin Arnold in Frankfurt...
...For a free 30-day trial to the Unhedged newsletter go to: https://www.ft.com/unhedgedoffer Follow Ethan Wu (@ethanywu) and Katie Martin (@katie_martin_fx) on X....
...Katie Martin . . . completely alien to the rest of us. So we’re just not as shielded from interest rate moves in the UK and in Europe as you are in the States. So much more sensitive....
...I’m Katie Martin. Thanks for listening. [MUSIC PLAYING]...
...Fed chair Jay Powell signalled in a speech on Wednesday that stubbornly high US inflation may keep the central bank from cutting rates as quickly as previously thought....
...Federal Reserve chair Jay Powell said on Thursday that the US central bank was “not far” from having the confidence to start lowering borrowing costs....
...So nobody wants to be Arthur Burns, least of all Jay Powell....
...Today on the show, hosts Ethan Wu, Katie Martin and Rob Armstrong dole out the first-ever Unhedgies, awards for categories such as the best overall deal, scam, IPO, central banker – we do not choose Jay...
...Federal Reserve chair Jay Powell said on Thursday that the US central bank was “not far” from having the confidence it needed to start cutting interest rates from their current 23-year high of between 5.25...
...Jay Powell, chair of the US Federal Reserve, pushed back against investors’ bets it could cut rates as early as March, saying on Wednesday this was not its “base case”....
...Martin Arnold Will the Fed’s preferred measure of inflation fall further?...
...Martin Arnold...
...Lockheed Martin said it is making progress boosting production of weapons that have been in high demand since Russia’s invasion of Ukraine....
...Robert ArmstrongThough do come on, the default answer here, and I’m not necessarily voting for him here, but it’s gotta be Big Jay, right? We got the soft landing. Jay Powell. He’s the man, right?...
...Jay Powell voice clip If it becomes appropriate to tighten policy further, we will not hesitate to do so. Marc Filippino Take that line from Fed chair Jay Powell....
...Martin HewesHaslemere, Surrey, UK...
...But the breakthrough came at Fed chair Jay Powell’s regular press conference on December 13, when he started to sketch out the potential path towards rate cuts and presented forecasts from other rate-setting...
...martin.wolf@ft.com Follow Martin Wolf with myFT and on X...
...Fed chair Jay Powell has sought to temper those expectations, stressing it was “premature” to say interest rates had peaked or to begin sketching out the timing and parameters under which policymakers would...
...Fed chair Jay Powell has stressed the need to think beyond typical models. One link that so far appears to be breaking down is the relationship between controlling inflation and the labour market....
...As Jay Powell faced reporters on Wednesday following the US Federal Reserve’s first policy meeting of 2024, his mood was confident....
...The unexpectedly dovish stance from Fed chair Jay Powell boosted markets on Thursday morning, with both stocks and government bonds surging on the hopes of global rate cuts....
International Edition