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”....
...But Powell’s stern sounds yesterday could easily turn serene tomorrow....
...“I’ll tell you this, I’m pro-life, I’m not going to apologise for that. I want to save as many babies as possible,” Lake told an audience at the University of Arizona in Tucson....
...“I don’t have a stance on that,” Powell said. “It’s not something I’m focused on . . ....
...The Federal Reserve’s rate-setters still expect to make about three quarter-point rate cuts this year, its chair Jay Powell said in an interview that aired last night....
...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....
...Read more on Powell’s remarks and the latest timing of any rate cut. More reaction to Powell’s comments: European stock markets had their worst day for nine months following Powell’s remarks. 3....
...That’s the inflation gauge where Jay Powell has already won....
...Powell appears to be ignoring those signs, but I’m not — and I think the move in gold is just the commodity market coming to the same conclusions I have....
...Last week, Fed chair Jay Powell told a Senate hearing that commercial real estate does pose a risk to a number of small and mid-sized banks. “There will be more failures,” Powell said....
...Here’s what I’m keeping tabs on today and over the weekend: Election 2024: US President Joe Biden will travel to a campaign event in Philadelphia, while former president Donald Trump will host Hungarian...
...I’m Claire Jones, the Financial Times’ acting US economics editor and I’m standing in for Chris Giles this week....
...“The economy is performing well,” said Fed chair Jay Powell in a news conference after the FOMC announcement....
...Powell said market expectations of a rate cut in March were not his “base case”. Powell also said there was “a way to go” before the Fed could claim victory in its battle against excessive inflation....
...Powell is tantalisingly close to securing the soft landing, and his legacy. Disagree? Email us: robert.armstrong@ft.com and ethan.wu@ft.com....
...(Another thing, Mr Horwitz and Mr Koppelman: what follows is not legal advice, and I’m not a lawyer.)...
...I’m joined now by the FT’s Steff Chávez. She covers Boeing. Hey, Steff. Steff ChávezHi, Marc....
...I’m Ethan Wu. Thanks for listening. [MUSIC PLAYING]...
...“I’m a little sceptical; I don’t think we’re going to continue to see the rapid improvement that we’ve seen in the past few months.”...
...Monetary policy: Federal Reserve chair Jay Powell and vice chair Philip Jefferson will make what are likely to be their last public comments before the US central bank’s next policy meeting on May 2-3....
...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....
...I’m old enough to remember when private equity liked to buy companies with steady, predictable cash flows that were ripe for cost cuts....
...This British CEO has a fleet of private aircraft with the following tailcodes: M-OVIE, M-USIC, M-ISTY, M-INTY and M-CHEM. Who is he?...
...Here is an excerpt of what GPT-4 had to say: And here is an excerpt of Bard’s take: Gideon Rachman, chief foreign affairs commentator, writes: I’m sure that much of what Putin and Xi say to each other...
...White & Case has hired Patrick Sarch to be head of UK public M&A. He rejoins from Hogan Lovells....
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