Hints and tips:
...Jay Powell voice clip I don’t think it’s likely that the committee will reach a level of confidence by the time of the March meeting to identify March as the time to do that....
...podcast: Netflix profits surge on strong subscriber growth The great bet on rate cuts is off European stocks suffer worst day in nine months US to grow at double the rate of G7 peers this year, says IMF Jay...
...Jay Powell voice clip If it becomes appropriate to tighten policy further, we will not hesitate to do so. Marc Filippino Take that line from Fed chair Jay Powell....
Puffers, knits and ankle-grazing coats to see out the season’s worst
...Fed chair Jay Powell suggested at yesterday’s press conference that rates were probably at or near their peak for this tightening cycle. We also got projections from Fed officials about rate cuts....
...Marc FilippinoI’m Marc Filippino and here’s the news you need to start your day....
...Marc Filippino Yeah, but investors, they’re already pricing in rate cuts for early next year. What do you think Fed chair Jay Powell is gonna say to that after today’s meeting?...
...Mentioned in this podcast: EU leaders agree to start accession talks with Ukraine Stocks and bonds surge as Jay Powell comments fuel bets on interest rate cuts ECB keeps rate on hold but lowers inflation...
...Marc Filippino Chair Jay Powell emphasised the need to take a wait-and-see approach, even though the US economy is cruising along....
...— Jay Powell’s Greenspan moment (Stay-At-Home Macro) — Inside Discord’s reform movement for banned users (Platformer) — “AI is necessarily political” (Alliance Bernstein) — Tax policy and investment...
...Fed chair Jay Powell explained the reason for the pause at yesterday’s press conference....
...Sam Fleming Well, I think on the Fed’s side, part of the reason the markets are not pricing further or less likely to be pricing further hikes at the moment is because Jay Powell didn’t go out of his way...
...All eyes, of course, will be on Federal Reserve chair Jay Powell, whose speech on Friday is the most highly anticipated event of the gathering....
...People widely expect that chair Jay Powell will say that the Fed is holding rates steady, but inflation is still higher than the central bank’s 2 per cent target....
...So last week, in the run-up to the symposium, we mentioned that all eyes would be on Federal Reserve chair Jay Powell and his speech. What did he end up saying?...
...Here’s what chair Jay Powell had to say about that at the Fed press conference yesterday. Jay Powell And the June CPI report actually came in a bit better than expectations for a change....
...James Politi So Florida governor Ron DeSantis, who is challenging Donald Trump for the Republican nomination, said on Monday that he would seek to replace Jay Powell as head of the Federal Reserve....
...I’m Marc Filippino, and here’s the news you need to start your day. [MUSIC PLAYING] Federal Reserve chair Jay Powell faced a tough audience yesterday. He was speaking to US lawmakers on Capitol Hill....
...Harriet Clarfelt Well, Fed Chair Jay Powell kind of pointed to this and after the 11th interest rate rise last week he kind of acknowledged the potential risks from easing conditions and said if financial...
...The FT News Briefing is produced by Kasia Broussalian, Fiona Symon, Marc Filippino and me, Sonja Hutson. Our engineer is Monica Lopez....
...Marc Filippino This dip in sterling happened as central bankers from around the world were at a conference in Portugal that included Federal Reserve chair Jay Powell and Bank of England governor Andrew Bailey...
...Just over two weeks ago, Fed chair Jay Powell himself described the central bank’s stance as “proceeding carefully” “in light of the uncertainties and risks, and how far we have come”....
...Here’s how Fed chair Jay Powell justified yesterday’s move....
...Marc FilippinoOK, Colby. So yesterday, Jay Powell talked about the US banking system. You were at that press conference. Here’s what he had to say....
...That is also a concern for Marc Giannoni, who formerly worked at the Fed’s regional banks in Dallas and New York and is now at Barclays. He forecasts a final quarter-point rate rise in November....
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