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...Yet for years they were — which is why it is always salutary to have a documentary like Made in England: The Films of Powell and Pressburger remind us of their genius....
...US stocks closed lower for the third session in a row on Tuesday after Federal Reserve chair Jay Powell warned interest rates are likely to stay at current levels for “longer than expected” to tame inflation...
...Andreas V Georgiou Darnestown, MD, US...
...It marks a dilemma for Biden and Powell. The US economy is strong: humming along at a pace above those of other advanced economies, and close to full employment....
...Federal Reserve chair Jay Powell has acknowledged it will likely take “longer than expected” for inflation to return to the US central bank’s 2 per cent goal and cut interest rates....
...US Federal Reserve chair Jay Powell has said it is likely to take “longer than expected” for inflation to return to the central bank’s 2 per cent target and justify cuts to interest rates....
...The comments initially pushed up US equities, but those moves reversed later on in the day, with stocks closing lower.The comments from Powell came as the US central bank held interest rates at 5.25 per...
...Jay Powell said the Federal Reserve’s job of bringing down inflation was “not yet done” and the US central bank needed “greater confidence” that price pressures were easing before cutting interest rates,...
...The S&P 500 rose 1 per cent as US stocks and Treasuries rallied after US Federal Reserve chair Jay Powell said it was unlikely the Federal Reserve’s next policy move would be an interest rate increase....
...The biggest risk facing the US and the global economy came from elsewhere in Wednesday’s press conference....
...US stocks rose on Wednesday afternoon after Federal Reserve chair Jay Powell toed a careful line in his semi-annual testimony to Congress, saying he did not expect the central bank to increase interest rates...
...US stocks climbed higher in early trading on Thursday as traders prepared for the second day of Federal Reserve chair Jay Powell’s semi-annual testimony to Congress....
...US stocks rose on Wednesday afternoon after Federal Reserve chair Jay Powell said he did not expect the central bank to increase interest rates again, but said there was more progress that needed to be made...
...US stocks staged a broad rally as Federal Reserve chair Jay Powell said the central bank is ‘not far’ from gaining the confidence to lower interest rates....
...Powell said this US “exceptionalism” in the face of weaker global growth meant the central bank could afford to take its time....
...Powell also downplayed the risks that the US’s persistently hot labour market would hinder the inflation fight....
...Jay Powell will tell lawmakers that progress towards reaching the US Federal Reserve’s 2 per cent inflation goal is not “assured” and that rate cuts will have to wait until officials are more confident of...
...Powell told US senators on Thursday that the Federal Open Market Committee was “in the right place” on monetary policy while it waited for proof that almost two years of higher rates had tamed inflation....
...Jay Powell told lawmakers on Wednesday that he did “hear the concerns” from lenders over the US interpretation of capital standards crafted by global regulators that form the Basel Committee on Banking Supervision...
...Email us: robert.armstrong@ft.com and ethan.wu@ft.com. The inflation narrative could flip fast Jay Powell is worried about inflation again....
...Because for as long as many of us can remember, V-neck sweaters have been all but verboten — existing somewhere in the style hinterland between twisted jeans and square-toed tan leather loafers from Shoe...
...The V&A’s new show, Tropical Modernism, revolves around this odd confluence....
...In the US, severe weather impacted both our US and total company comp by nearly 3 per cent during the quarter....
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