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Showing 21 - 30 of 288 results for "Federal Reserve chair"

US stocks crumble after Jerome Powell's hawkish comments

ANDREW MCKEAN  |  FRIDAY, 22 APR 2022
From its daily peak, the SP500 index fell 2.61% after Federal Reserve chair Jerome Powell flagged aggressive rate hikes. At an International Monetary Fund panel discussion, Powell said: "It is appropriate, in my view, to be moving a little more quickly." ...

Fed to ban policymakers stock, bond trading

JAMIE WILLIAMSON  |  FRIDAY, 22 OCT 2021
... all of our senior officials maintain a single-minded focus on the public mission of the Federal Reserve," Federal Reserve chair Jerome Powell said. The restrictions will be incorporated into the Fed's rules and policies in the coming months and follow ...

Economic recap: Week to September 10

BENJAMIN ONG  |  MONDAY, 13 SEP 2021
... That's about as clear as any central banker could put it. This is also a clear departure from former US Federal Reserve chair Alan Greenspan's double talk. Recall his words way back when: "I know that you believe you understand what you think ...

Economic recap: Week to August 27

BENJAMIN ONG  |  MONDAY, 30 AUG 2021
... time, the symposium was, for the first time in history, held virtually. On 27 August 2020 at the Hole, US Federal Reserve chair Jerome Powell virtually buried the Philips Curve - the inverse correlation between inflation and the unemployment rate - by ...

Chief economist update: The Fed and Australia

BENJAMIN ONG  |  TUESDAY, 4 MAY 2021
Just when we thought Federal Reserve chair Jerome Powell has tapered sooner-than-later taper expectations, along comes Robert Steven Kaplan -- president and chief executive of the Federal Reserve Bank of Dallas. While the US Federal Reserve was waxing ...

Chief economist update: Powell said, Yellen said

BENJAMIN ONG  |  WEDNESDAY, 24 MAR 2021
... COVID-19 relief law - singing a rendition of Louis Armstrong's What a Wonderful World. In his testimony, Federal Reserve chair Jerome Powell declared that: "Today the situation is much improved. While the economic fallout has been real and widespread ...

Chief economist update: USA Inc is under new management

BENJAMIN ONG  |  THURSDAY, 21 JAN 2021
... outlook for the US economy. The Biden administration has proposed a US$1.9 trillion COVID-19 relief plan. US Federal Reserve chair Jerome Powell assured markets that the central bank would not raise interest rates soon unless it foresees rising inflation ...

Chief economist update: Vaccine optimism sparks AUD resurgence

BENJAMIN ONG  |  WEDNESDAY, 18 NOV 2020
... and enticing investors to buy the Aussie dollar to avail of the premium. On August 27 at the Hole, the US Federal Reserve chair, Jerome Powell, virtually buried the Philips Curve - the inverse correlation between inflation and the unemployment rate - ...

Chief economist update: Fed heads for the mountain

BENJAMIN ONG  |  FRIDAY, 28 AUG 2020
... to the pandemic - produced another significant shift in US monetary policy. On August 27 at the Hole, US Federal Reserve chair virtually buried the Philips Curve - the inverse correlation between inflation and the unemployment rate - by announcing that ...

Chief economist update: Cheaper prices not a bargain

BENJAMIN ONG  |  THURSDAY, 30 JUL 2020
... 0.05%. The Reserve Bank of Australia (RBA) has already stressed that it won't go negative but as US Federal Reserve chair Jerome Powell reiterated overnight: "The path of the economy will depend significantly on the course of the virus."