Hints and tips:
...This point was made forcefully in a recent lecture at the US Monetary Policy Forum by Harvard professor and former Fed governor Jeremy Stein....
...Today’s top stories The UK chancellor Jeremy Hunt has attempted to reset expectations around tax cuts ahead of his spring Budget on March 6....
...Star of the show will be chancellor Jeremy Hunt, who delivers his speech to parliament, outlining future tax and spending plans, at 12:30pm London time....
...Now, of course, only a negligible number of people who write to their MPs to say that Enoch Powell was right or that they are an enemy of Islam will ever make the transition from mad messages to terror attacks...
...The ECB and BoE have struck a more hawkish tone than Powell, with both indicating in December that it was too soon to relax the fight against inflation....
...Need to know: UK and Europe economy UK chancellor Jeremy Hunt raised the possibility of further tax cuts before the next general election “if we can”....
...Fed chair Jay Powell said on Wednesday that cuts in March were not his central bank’s “base case”....
...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....
...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....
...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”....
...But Jeremy Schwartz, economist at Nomura, said the minutes showed “a lack of conviction” among Fed officials that they had conquered inflation....
...Chair Jay Powell said in his press conference after the meeting that good economic data — such as recent evidence of strength in the labour market and robust consumer spending — may mean the Fed will have...
...Chancellor Jeremy Hunt said after the BoE’s forecasts were published that the UK economy had been “far more resilient than many expected”....
...Jay Powell’s job is rarely ever so hard, or so interesting. Email me: ethan.wu@ft.com. Calling for recession is contrarian now At the start of 2023, it was banal to forecast a near-term recession....
...Investors will be watching for indications of the future path of US rates as Federal Reserve chair Jay Powell testifies at the Senate Banking Committee....
...The Fed rejected the transitory language quite early on when, in late 2021, Jay Powell said essentially, “OK, we’re going to retire the word transitory”....
...New data showing the UK economy stagnating and productivity at “alarming levels” underline the challenge facing chancellor Jeremy Hunt as he seeks to restore growth in his upcoming Autumn Statement....
...One scoop to start: Chancellor Jeremy Hunt will use his Mansion House speech next month to outline wide-ranging plans for channelling UK pension investments worth billions of pounds into fast-growing British...
...So exactly what Miranda was just saying there about memories of Enoch Powell, for example, we’re seeing similar things in the US....
...Common problems Chancellor Jeremy Hunt dismissed such talk as “declinist” on Monday....
...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....
...Chancellor Jeremy Hunt declined to support Lineker’s suspension, telling Sky News: “I think it’s important that we let the BBC sort out these problems.”...
...Jay Powell, chair of the Federal Reserve, admits that he is “legitimately undecided on whether the benefits outweigh the costs or vice versa”. No wonder....
...Guided by the erudite British travel writer and broadcaster Jeremy Seal and Cappadocian archaeologist Yunus Özdemir, the trip includes four nights in Istanbul....
...Among economists, Larry Summers suggests as high as 6 per cent for the Federal Reserve’s target funds rate but Jeremy Siegel suggests 3 to 4 per cent is enough....
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