Tag: Jerome Powell

Fed survey: US economy strong but hindered by bottlenecks

The Federal Reserve’s latest nationwide business survey has found that the economy strengthened further in late May and early June, despite supply-chain bottlenecks that led...

Global bonds look to Federal Reserve’s Powell after inflation surges test nerves

The global bond rally is under threat from inflation surprises, weak auctions and central banks withdrawing support. Where it goes next depends on Federal Reserve...

federal reserve: Fed policymakers edge closer to opening debate around taper

WASHINGTON: Federal Reserve policymakers have begun to acknowledge they are closer to debating when to pull back some of their crisis support for the U.S....

Fed’s Powell: U.S. economy at an ‘inflection point’ – CBS ’60 Minutes’

The U.S. economy is at an “inflection point” with expectations that growth and hiring will pick up speed in the months ahead, but some risks...

Jerome Powell can roil markets now with just a word

By Mohamed A. El-Erian Judging from the initial market reaction to remarks by Federal Reserve Chair Jerome Powell on Thursday, he would have been well...

Fed bond buying: Jerome Powell signals Fed to keep buying bonds even as outlook improves

By Rich Miller Federal Reserve Chairman Jerome Powell signaled that the central bank was nowhere close to pulling back on its support for the pandemic-damaged...

Central banks edge toward money’s next frontier in digital world

By Carolynn Look, Joanna Ossinger and Christopher Condon Money is edging closer toward its biggest reinvention in centuries as central banks start to embrace the...

FOMC Meeting Outcome: Fed maintains monetary stimulus, cites moderating recovery

By Matthew Boesler Federal Reserve officials left their benchmark interest rate unchanged near zero as they flagged a moderating U.S. recovery and reiterated a pledge...

View: Is Trump trying to take the economy down with him?

By Claudia Sahm Consumed by Election Day, Congress effectively abandoned the country when it failed to reach an agreement in October on a desperately needed...

federal reserve: Fed faces ill political winds as Biden prepares for White House

By Ann Saphir and Howard Schneider The U.S. Congress’ rapid response to the coronavirus pandemic in March was meant to unleash a $4 trillion fire...

View: Biden or Trump, US economic policy is unlikely to suit the needs of the global economy

If there is one election that, arguably, affects the aam aadmi and holds almost as much interest for the chatterati as our own Lok Sabha...

IMF warns global economy could be permanently scarred

WASHINGTON: The global economy‘s recovery from the pandemic recession is tentative and uneven and “marked by significant uncertainty” as confirmed coronavirus cases spread in many...

fomc outcome: Fed signals rates will stay near zero for at least three years

By Catarina Saraiva The Federal Reserve left interest rates near zero and signaled it would hold them there through at least 2023 to help the...

Fed minutes show FOMC backs away from September guidance shift

By Christopher Condon, Matthew Boesler and Craig Torres US central bankers appeared to back off from an earlier readiness to clarify their guidance on the...

US Fed: Powell stays with message of uncertain path for recovery

By Christopher Condon and Craig Torres Federal Reserve Chairman Jerome Powell said the US economy may be entering a period of significant improvements in employment,...

US stocks end mostly up despite bad data, China tensions

Wall Street stocks finished a volatile session mostly higher on Friday after newly announced US policies to punish China did not threaten a trade detente...

Jimeet Modi: Odds are favouring the bears on Dalal Street. Reasons are many

During the week gone by, the domestic equity market traded in a narrow range, but with wide overnight gaps, making people wary of keeping open...

US Fed stimulus: Fed to buy junk bonds, lend to states in fresh virus support

By Christopher Condon, Rich Miller and Craig Torres As fresh evidence of the economic toll from the coronavirus pandemic flood in, the Federal Reserve unleashed...