Hints and tips:
...Economists including Larry Summers, Jason Furman and Laurence Ball argued that unemployment was going to have to rise dramatically for the Fed to bring inflation down....
...Former Fed governor Laurence Meyer — who expects the central bank to skip a December rate rise but is “reluctant” to say the Fed has finished tightening — said next year’s debate would be tricky, focusing...
...Laurence Ball at Johns Hopkins University added: “I’m very cognisant, as people are, that you can get head-faked by a couple months of data.”...
...Treasure it: As inflation began to rise in March 2021, Fed Chair Powell predicted that the increase would be “neither particularly large nor persistent.”… Powell’s view was supported by the many economists...
...But its winning streak is fading, explains FT hedge fund correspondent Laurence Fletcher in this FT film....
...Additional reporting by Laurence Fletcher...
...For me, I’m going to sell Laurence Fox, who as well as being a rent-a-gob, rightwing firebrand, is also, of course, the head of the Reclaim party. I think he is uber-cancelled....
...Laurence Ball at Johns Hopkins University argues a more realistic estimate is upwards of 7 per cent....
...August 2021 Fed chair Powell says there has been “clear progress” in the labour market’s recovery — one of two goals it wants to achieve before reducing its monthly $120bn asset purchases....
...She did not contradict the hawkish stance voiced on Tuesday by Jay Powell, chair of the US Federal Reserve, or recent comments by the Bank of England, commenting that these central banks had already been...
...laurence.fletcher@ft.com...
...Chair Jay Powell also recently admitted that there was not a “real consensus” as to what was moving markets, calling out investors who had pointed to “technical factors, which is where you put things that...
...Chuk Kin Lau, owner of Hong Kong-based book printer Lion Rock Group, took control of the business alongside one of its co-founders, Laurence Orbach, and others at its 2018 annual meeting....
...Worrying about the surge in US inflation, Federal Reserve chair Jay Powell initiated a series of interest rate increases, saying he was “acutely aware of the need to return the economy to price stability...
...Laurence Boone, chief economist of the OECD, told the FT that Omicron was “adding to the already high level of uncertainty and that could be a threat to the recovery, delaying a return to normality or something...
...Meanwhile turbulent times are upending hedge funds, writes Laurence Fletcher. The pace of the interest rate hiking cycle and Ukraine war have forced a scramble to reposition portfolios....
...The success of the hedge fund industry during the pandemic is driving a huge wage battle for top traders, writes sector correspondent Laurence Fletcher....
...Indeed, while US Federal Reserve chair Jay Powell acknowledged Omicron as a risk to growth last week, he spent far more time talking about the need to keep a lid on inflation....
...Laurence Fletcher Will the yen continue to weaken against the dollar?...
...The billionaire Patrick Drahi has poached BNP Paribas veteran Laurence Beghin to lead investments at Next Alt, Drahi’s personal investment vehicle, per Bloomberg....
...But such is the level of ambition this time compared with a decade ago that the forecasts still did not satisfy the OECD’s chief economist, Laurence Boone....
...Laurence Fletcher Carnival Corporation, cruise operator When surging coronavirus cases forced the Diamond Princess cruise ship into quarantine in February, it provided one of the first clear signs that...
...Laurence Fletcher What more will the Fed do to address the economic crisis?...
...“We’re recovering, but to a different economy,” Mr Powell said....
...“We cannot afford at the current juncture a repeat of the fiscal tightening that we saw in the great financial crisis,” said Laurence Boone, chief economist at the OECD....
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