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Search ResultsShowing 1 - 10 of 100+ results for "Powell"
Fed buys up BlackRock ETFs
ELIZA BAVIN  |  WEDNESDAY, 3 JUN 2020
... of the intermeeting period still stood significantly above their levels in January." The US central bank chair Jerome Powell said the Fed took action with the Treasury Department to support the credit needs of large employers through the Primary Market ...
Chief economist update: Powell blamed for fall on Wall Street
BENJAMIN ONG  |  THURSDAY, 14 MAY 2020
Was it something I said? Yes sir, Mr. US Fed chair Jerome Powell, it was. Today's headlines not only infer, but blame your words for the fall on Wall Street overnight. The Wall Street Journal published: "The Dow Jones Industrial Average dropped ...
Chief economist update: No escaping the inverted yield curve
BENJAMIN ONG  |  MONDAY, 4 MAY 2020
... October of that year and continued to steepen. So much so that by the Fed's December 2019 FOMC meeting, Chairman Jerome Powell was waxing optimistic, "Our economic outlook remains a favourable one despite global developments and ongoing risks. With ...
Chief economist update: How deep the global recession?
BENJAMIN ONG  |  WEDNESDAY, 15 APR 2020
... to firm closures and extended unemployment." How quickly the coronavirus is murdered is the key. As US Fed chair Jerome Powell declared: "If we get the virus spread under control fairly quickly, then economic activity can resume."
BlackRock bullish on China
ELIZA BAVIN  |  THURSDAY, 9 APR 2020
... China's domestic services industries have recovered about 80-90%, with people lining up for popular restaurants again." Ben Powell, chief investment strategist, APAC, BlackRock Investment Institute, and Thomas Taw, head of investment strategy, APAC ...
The bulls are back
ELIZA BAVIN  |  FRIDAY, 27 MAR 2020
... however it is still down 22% from its February 19 record high. Adding to the upbeat sentiment, Federal Reserve chair Jerome Powell said the central bank stood ready to act 'aggressively' to shore up credit in the market on top of the unprecedented ...
Chief economist update: Honey, COVID-19 got me sacked
BENJAMIN ONG  |  FRIDAY, 27 MAR 2020
... contained, the economic damage will persist." How quickly the coronavirus is murdered is the key. As US Fed chair Jerome Powell declared: "If we get the virus spread under control fairly quickly, then economic activity can resume ... The virus is going ...
Wall Street tumbles, ASX holds ground
ELIZA BAVIN  |  TUESDAY, 17 MAR 2020
... world are down significantly," Stein said. "Again, I think the Fed did what it had to do and in the press conference, Powell still highlighted that health policy and other policies are going to carry the day." "We are living in unprecedented historical ...
Trump slams Fed in Twitter tirade
ALLY SELBY  |  WEDNESDAY, 11 MAR 2020
Trump has taken to Twitter once again, this time, to slam the Federal Reserve and its chair Jerome Powell. The tweets follow a tumultuous start to the week for markets, with the Dow Jones, S&P 500 and Nasdaq suffering their worst day in a decade on ...
Life insurer chief executive retires
JAMIE WILLIAMSON  |  THURSDAY, 5 MAR 2020
... providers is retiring after more than 40 years in the industry. Integrity Life has announced its chief executive Chris Powell will retire in the middle of the year, appointing chief financial officer Lesley Mamelok to the role in an acting capacity. ...
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