Hints and tips:
...The former president would not be drawn on who he might tap as a successor to Powell, but possible candidates include Kevin Warsh, a former Fed governor, and Judy Shelton....
...Investors will closely watch Jay Powell’s press conference shortly thereafter, with the Fed chair under intense pressure to set out the central bank’s timeline for probable rate cuts next year....
...The market’s stubborn hopes of a first cut to US interest rates in March were finally crushed over the past week by strong economic data and firm messaging from Jay Powell, chair of the Federal Reserve....
...In an interview last September with NBC News, he said interest rates were “too high”, but when asked whether he would direct Fed chair Jay Powell to lower them, he said “it depends”....
...As part of the changes, Dorothee Blessing and Jay Horine will become global co-heads of investment banking coverage, Kevin Foley will become global head of capital markets and Anu Aiyengar will be global...
...US House Speaker Kevin McCarthy accused President Joe Biden of not being “sensible” during a speech at the New York Stock Exchange on Monday, where he sought to gain the upper hand in negotiations with the...
...Nearly 80 per cent of new vehicles sold are SUVs or trucks,” said Kevin Book, head of research at Washington consultancy ClearView Energy Partners....
...The House of Representatives has narrowly approved a Republican plan to raise the debt ceiling in a legislative victory for Speaker of the House Kevin McCarthy that will do little to break the stalemate...
...And it all points to what Liz Ann Sonders and Kevin Gordon at the brokerage describe as “waning enthusiasm”....
...Nor will Jay Powell, chair of the Federal Reserve, or his counterparts in Europe and the UK....
...“The past two years have been a humbling experience for strategists and investors,” said Kevin Gordon, a senior investment strategist at Charles Schwab in New York....
...“If there’s a recession as a result of this, the president will receive substantial blame, as will the Republicans,” said Jay Campbell, a pollster at Hart Research....
...In the words of chair Jay Powell, risks have become “more balanced”, Fedspeak for “the job market deteriorating is now a similarly scary prospect to inflation re-accelerating”....
...Monetary policy: Jay Powell participates in a roundtable discussion hosted by the Federal Reserve Bank of Philadelphia alongside Patrick Harker, chair of the regional bank....
...Well-regarded executives including Tom Staggs and Kevin Mayer left the company as Iger’s tenure continued, these people said....
...CAA has grown steadily in recent decades under Lourd and other co-chairs Kevin Huvane and Richard Lovett, with only the pandemic being a financial blip....
...On the economy, Kevin Hassett, Trump’s former chair of the council of economic advisers, and Russ Vought, the former budget director, are key figures in Trump’s current orbit — though he still speaks to...
...“Regulators and other policymakers should carefully consider the harmful economic impact of this proposal,” the group’s leader Kevin Fromer said in a statement....
...“It seems like you are starting to see the beginnings of concern about a default happening,” said Jay Barry, co-head of interest rate strategy at JPMorgan....
...Disney has hired former executives Kevin Mayer and Tom Staggs to advise on its legacy television business....
...Republican House Speaker Kevin McCarthy has met President Joe Biden this week, and Federal Reserve chair Jay Powell has weighed in too....
...Other groups reporting earnings include Calvin Klein owner PVH, pet store Petco and food processor Hormel....
...Fed chair Jay Powell has now shifted the debate towards the timing and magnitude of rate cuts....
...“It’s a step in the right direction,” said Kevin Cummins, chief US economist at NatWest Markets....
...“As we have said from the beginning, defaulting on our debt would create economic chaos, harming manufacturing workers and their families and jeopardising our leadership in the world,” Jay Timmons, president...
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