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Jerome Powell
Global Economy
Powell says likely need two or more hikes to cool inflation
Inflation pressures continue to run high, and the process of getting inflation back down to 2% has a long way to go
June 29, 2023
US Fed pauses rate hikes but signals more tightening to come
Wednesday’s hold is the first pit stop in the central bank’s most aggressive tightening campaign in decades.
June 15, 2023
Global Economy
Briefs: Global trade slows in blow to Maersk, Credit Suisse AT1 holders in Asia add to claims over wipeout
Quoteworthy: "There is a sense that we’re much closer to the end of this than to the beginning" - Jerome Powell
May 06, 2023
US Economy
Fed hikes rates by quarter point, Powell hints at possible pause
The increase lifted the Fed’s benchmark federal funds rate to a target range of 5% to 5.25%, the highest level since 2007
May 04, 2023
US Economy
No confidence in the Fed
The fact is that regulators — including the Fed — have failed to keep the banking system safe.
April 27, 2023
US Economy
Differing Powell and Yellen messages were a lot for the stock market to digest
Two people of such stature rarely speak simultaneously, worse when they project messages that traders interpret as in opposition.
March 23, 2023
Silicon Valley Bank fallout
Powell's legacy risks being tarnished more by SVB collapse
Experts are divided, though, over how much, if any, blame to directly assign to Powell
March 15, 2023
Global Economy
Powell's shift on rate hikes comes as officials prepare for March meeting
"They’re trying to correct the mistake of not sticking with 50 in February"
March 08, 2023
US Economy
Powell sees higher peak for interest rates, says Fed prepared to speed up if needed
Bond yields jumped, stocks fell and the dollar extended gains following the release of Powell’s remarks.
March 07, 2023
Global Economy
Powell sees higher peak for interest rates, says Fed prepared to speed up if needed
"The latest economic data have come in stronger than expected"
March 07, 2023