Hints and tips:
...Jay Newman was a senior portfolio manager at Elliott Management. Half of all hard-currency sovereign bond contracts are governed by New York law....
...katie.martin@ft.com...
...Investors have scaled back their bets on how many times the Fed will cut rates this year after its chair Jay Powell said borrowing costs would need to stay at 23-year highs for longer than anticipated because...
...martin.wolf@ft.com Follow Martin Wolf with myFT and on X...
...Other readables Federal Reserve chair Jay Powell admits it’s taking longer to become confident that the US central bank’s inflation target will be achieved....
...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....
...Additional reporting by George Steer in New York and Martin Arnold in Frankfurt...
...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....
...Fed chair Jay Powell conceded this month that US inflation was “taking longer than expected” to hit its target, signalling that borrowing costs would need to stay high for longer than previously thought....
...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...
...Martin Arnold Will the Fed’s preferred measure of inflation fall further?...
...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...
...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...
...He was a friend of the great magician Ricky Jay and cast him in his 1987 noirish thriller House of Games....
...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...
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