Hints and tips:
...Dimon served on Trump’s shortlived business advisory group in 2017 and has said he “would try to help any president of the United States because I’m a patriot”....
...Donald Trump said he wanted to replace Jay Powell as chair of the Federal Reserve, accusing him of being “political” and predicting that he would cut interest rates to “help the Democrats” this year....
...Fed chair Jay Powell said on Tuesday it was likely to take “longer than expected” for inflation to reach the target level that would allow the central bank to cut rates....
...Ask me again when I’m dying, and I’d probably say the same thing: nothing. “Life Lessons” by Jay Blades is published by Bluebird Follow @FTMag to find out about our latest stories first...
...M&A since 2020....
...public markets and M&A since 2020....
...Bonus season arrives at the end of the calendar year for most US firms, many of which have experienced a slowdown due to sluggish M&A markets, but raced to match rivals on pay to try to keep hold of staff...
...That’s the inflation gauge where Jay Powell has already won....
...“There’s a good backlog of biotechs who didn’t go public over the past year or so who are sharpening their pencils again,” said Yasin Keshvargar, a capital markets partner at Davis Polk, the law firm....
...Ken Lebrun, a Tokyo-based M&A partner at Davis Polk & Wardwell, said there were increasing signs that 2024 would bring a long-awaited rebound in Japanese outbound dealmaking after a lull during the pandemic...
...Make-up, Adrien Pinault at M+A. Stylist’s assistant, Ewa Kluczenko. Videographer, Sara Echeverr. Production, Producing Love...
...The inflation narrative could flip fast Jay Powell is worried about inflation again....
...I’m Claire Jones, the Financial Times’ acting US economics editor and I’m standing in for Chris Giles this week....
...A partner at Davis Polk & Wardwell....
...And I’m just not convinced the recent rally in gold is a sign of anything other than renewed fears that inflation is not disappearing as quickly as many (including Jay Powell) had hoped....
...I’m a creature of habit who craves the familiar — some things are so dear to us that they are best left untouched. Like scent, music can evoke time and place....
...“The economy is performing well,” said Fed chair Jay Powell in a news conference after the FOMC announcement....
...US Federal Reserve chair Jay Powell said it was likely to take “longer than expected” to bring inflation down to the central bank’s 2 per cent target, which does not bode well for Biden....
...Peltz is seeking board seats for himself and former Disney chief financial officer Jay Rasulo....
...Zaveri was head of early-stage and venture investing and had been a partner since 2015, while Tanuku had been head of public markets and M&A since 2020....
...Jay Powell’s Federal Reserve dithered on raising interest rates until it had no choice but to act....
...And here’s what else I’m keeping tabs on today: Federal Reserve: The Fed will release its Beige Book on the economic conditions of its 12 central bank districts....
...Robert ArmstrongI think of Jay as a very restrained and even-tempered fellow....
...I’m Ethan Wu. Thanks for listening. [MUSIC PLAYING]...
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