Tag Archives: Powell

Powell Plans U-Turn on an Economic Strategy That Soured  The Wall Street JournalView Full Coverage on Google News Source link

Asian shares choppy, dollar rises as traders await Powell speech  Reuters Stock futures are little changed ahead of Powell’s Jackson Hole speech: Live updates  CNBC Asian Stocks in Tight Range as Rate Cut Bets Pared: Markets Wrap  Bloomberg.com Asia stocks cautiously advance ahead of Powell speech; Japan mixed on sticky CPI  Investing.com Asian shares are mixed after Wall Street fell to its 5th straight …

‘There’s no hiding’: Powell faces daunting options in pivotal speech  Politico Jerome Powell’s high wire act  Politico The Fed is under full-scale assault. Jerome Powell is facing his toughest battle yet  CNN Trump again attacks Fed chair, says Powell ‘hurting’ the housing industry  Reuters Trump Turns Up the Heat. Fed Chair Jerome Powell Tries to Keep His Cool.  The Wall Street Journal Source link

Federal Reserve Chair Jerome Powell is set to deliver what almost certainly will be his last keynote address at the central bank’s annual conclave during one of the most tumultuous times in its history. What’s at stake is the near-term sentiment for financial markets, the longer-term path of the Fed’s policy trajectory, and a not insignificant dose of trying to …

Boeing in Talks to Sell 500 Planes to China, Report Says 3 hr 31 min ago Boeing (BA) is reportedly in discussions to sell as many as 500 jets to China in what would be a breakthrough for the aircraft manufacturing giant. Bloomberg News, which reported the news, said that the two sides are still working out the details, including the …

In his last Jackson Hole address as Federal Reserve chairman Friday, Jerome Powell will address the economic outlook and the Fed’s long-term balancing act between fighting inflation and unemployment. The speech comes as the central bank is under mounting pressure from the White House to lower interest rates. Kent Nishimura/Getty Images North America hide caption toggle caption Kent Nishimura/Getty Images …

DOJ Urges Fed’s Powell to Remove Cook as Probe Gets Underway  Bloomberg.com Trump official signals DOJ will investigate Fed governor Cook  CNBC Opinion | Weaponizing the Housing Regulator  The Wall Street Journal Trump administration’s newest allegation against political foes: Mortgage fraud  NBC News Trump is pressuring yet another top Fed official to resign, but she says she won’t be ‘bullied’  CNN Source link

Key Takeaways Federal Reserve Chair Jerome Powell’s speech at the Jackson Hole economic conference could shed light on whether the central bank will cut interest rates in September. Powell may signal that the Fed will pivot to cutting interest rates on concerns that a recent slowdown in the job market could turn into a worrisome rise in unemployment. On the …

Trump Turns Up the Heat. Fed Chair Jerome Powell Tries to Keep His Cool.  The Wall Street Journal Trump may want lower interest rates for consumers, but it sure is convenient for the national debt he’s creating, too  Fortune Investors warn of ‘new era of fiscal dominance’ in global markets  Financial Times Trump again attacks Fed chair, says Powell ‘hurting’ the housing industry  Reuters …

Trump Accuses Powell of ‘Hurting the Housing Industry Badly’ Ahead of Jackson Hole Speech  Realtor.com Trump may want lower interest rates for consumers, but it sure is convenient for the national debt he’s creating, too  Fortune Investors warn of ‘new era of fiscal dominance’ in global markets  Financial Times Trump Turns Up the Heat. Fed Chair Jerome Powell Tries to Keep His Cool.  The …