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Showing 31 - 40 of 181 results for %22Powell%22

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." ...

Learn to live with inflation: BlackRock

CHLOE WALKER  |  FRIDAY, 4 MAR 2022
... the round global equities, fixed income goes down," BlackRock Investment Institute's APAC chief investment strategist Ben Powell said. "This does happen from time to time, every eight years or so roughly, but to have two consecutive years of global equities ...

Economic recap: Week to December 10

BENJAMIN ONG  |  MONDAY, 13 DEC 2021
... that in 2020. So much so that, after insisting that the recent surge in inflation is "transitory" for months, Fed chair Powell (in his testimony before the US Congress at the end of November) declared that it's "probably a good time to retire that ...

Economic recap: Week to December 3

BENJAMIN ONG  |  MONDAY, 6 DEC 2021
... Reserve's recent change of tact. After insisting that the recent surge in inflation is "transitory" for months, Fed chair Powell (in his testimony before the US Congress at the end of November) declared that it's "probably a good time to retire ...

Fed to ban policymakers stock, bond trading

JAMIE WILLIAMSON  |  FRIDAY, 22 OCT 2021
... 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 recent scandals ...

Economic recap: Week to September 24

BENJAMIN ONG  |  MONDAY, 27 SEP 2021
... property developer - debt problems. Then again, the Fed was never worried about it. In his press conference, chair Jerome Powell intimated that: "In terms of the implications for us, there isn't, there's not a direct United States exposure. The ...

Economic recap: Week to August 27

BENJAMIN ONG  |  MONDAY, 30 AUG 2021
... 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 announcing ...

Chief economist update: The (dot) plot thickens

BENJAMIN ONG  |  THURSDAY, 17 JUN 2021
The Fed has spoken and Wall Street didn't like what it heard and saw (in the dot plots). US equities painted the board red, with all benchmark indices closing on the down low, while yields on 10-year US Treasuries went on the up and up. This is ...

Chief economist update: Deflated expectations lift deflation expectations

BENJAMIN ONG  |  THURSDAY, 10 JUN 2021
... country's consumer prices significantly beyond zero. In his press conference after the 27-28 April FOMC meeting, Fed Chairman Powell stated that, "Readings on inflation have increased and are likely to rise somewhat further before moderating. In ...

Chief economist update: Inflation scare

BENJAMIN ONG  |  THURSDAY, 13 MAY 2021
... costs due to continuing bottlenecks in the supply chain. But the Fed has already told us this would happen. Chair Jerome Powell has stressed time and again that, although measured inflation would increase in the coming months, it is likely to be "transitory" ...