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...“Powell not only refilled the punchbowl this week, he spiked it. No one wants to be Scrooge or the Grinch just now,” said Steve Sosnick, chief market strategist at Interactive Brokers....
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...Although multiple central bankers will attend the Jackson Hole conference, Federal Reserve chair Jay Powell’s speech on Friday will be closely scrutinised for additional hints on the pace and future direction...
...While Fed chair Jay Powell made clear interest rate cuts are coming, they’re unlikely to arrive by the Fed’s next meeting in March, he said....
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...“It seems to me that the market is expecting an encore, not a reaffirmation,” said Steve Sosnick, chief market strategist at Interactive Brokers....
...That was the sole cause of inflation, says Steve Hanke, professor at Johns Hopkins University, who in a recent note slammed the Fed’s “reckless disregard for the only variable that counts: the money supply...
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...“It’s going to be much more hard hitting,” says Steve Bannon, his former political strategist and conservative media host who remains a close outside ally....
...Job moves BDT & MSD Partners’ global head of client services Dina Powell McCormick will join the board of ExxonMobil, as of January 1....
...“The price of credit is moving higher,” said Steve Booth, head of investment grade corporates at T Rowe Price....
...US Federal Reserve chair Jay Powell has said services inflation is the primary driver for higher costs for consumers within the US economy....
...Over the weekend, Labour’s shadow justice secretary Steve Reed accused the Conservatives of stealing ideas from the opposition with its programme....
...Jay Powell, the Federal Reserve chair, has indicated that the central bank was preparing to hold off on another rate rise next month....
...Powell’s speech on Wednesday....
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...a dovish speech by central bank chair Jay Powell on Wednesday....
...However, Fed chair Jay Powell said: “It will take substantially more evidence to give confidence that inflation is on a sustained downward path.”...
...Republican senator Steve Daines of Montana asked Barr whether he would be willing to recommend individuals to be fired if they were found to have been “clearly negligent”....
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