Oct 22, 2021 09:00 AM IST
The United States Federal Reserve on October 21 announced that its policymakers and senior staff would be barred from investing in individual stocks and bonds
- Oct 06, 2021 06:42 PM IST
Powell is said to have earned respect within the White House for his aggressive use of the Fed’s tools in the wake of the pandemic recession
- Sep 24, 2021 08:18 AM IST
At a press conference on Wednesday following the Fed’s latest meeting at which policymakers kept interest rates near zero as the U.S. economy continues to heal from the COVID-19 pandemic, Powell was unequivocal when asked how much he would defer to a new vice chair for supervision expected to be named this fall to oversee bank regulation.
- Sep 23, 2021 01:02 PM IST
Nine officials on the FOMC now expect a US rate increase next year, up from seven officials in June
- Sep 23, 2021 12:47 PM IST
Is the Fed chair a master communicator, who has signalled his intentions so clearly that when he states them explicitly, the market takes it easy?
- Sep 23, 2021 08:24 AM IST
The Fed continues to delink interest rate lift-off from tapering. Though the dot-plot of the September meeting hints towards one rate hike of 25 bps in 2022, Powell said “lift-off in policy rates” is not on its radar, as of now
- Sep 15, 2021 07:45 PM IST
Critics accuse Powell of being too soft as a regulator of banks and other financial institutions and insufficiently committed to the cause of climate change
- Aug 30, 2021 11:36 AM IST
The Fed has laid the groundwork for tapering this year, but it has also given plenty of advance notice
- Aug 28, 2021 10:04 AM IST
Jerome Powell did the fine balancing act of laying out the ground for a taper, but kept markets happy by stopping short of saying when
- Aug 27, 2021 10:07 PM IST
- Aug 27, 2021 08:19 PM IST
The Fed has been buying $120 billion a month in mortgage and Treasury bonds to try to hold down longer-term loan rates to spur borrowing and spending.
- Aug 27, 2021 07:51 PM IST
Powell warned that moving to respond to temporary inflation pressures 'may do more harm than good.'
- Aug 27, 2021 04:26 PM IST
In today’s edition of Moneycontrol Pro Panorama: Why Jackson Hole matters, the vax reportcard, the Weekly Tactical, IRCTC steams ahead, EV ripple effects, India road map for SPACs, investors stay light on leverage and more
- Aug 27, 2021 11:22 AM IST
When Covid-19 transformed the world's largest economy last year, the Fed jumped into action to prevent a major recession, slashing interest rates to zero in March 2020 and buying huge amounts of Treasury debt and agency mortgage-backed securities to provide liquidity to the financial system.
- Aug 26, 2021 10:54 PM IST
The hasty shift to an online event reflects the rapid rebound of the pandemic, led by the delta variant, particularly in the South and Northwest.
- Aug 25, 2021 06:16 PM IST
Despite rapidly rising inflation, the Fed chief has to explain why full-blast support from the central bank remains necessary
- Aug 23, 2021 12:05 PM IST
The longer the Fed chair waits to detail his own thinking, the greater are the economic, financial and institutional risks
- Jul 29, 2021 09:13 AM IST
The Fed believes that long term inflation expectations are anchored around the 2 percent objective and that’s what matters for policy decisions
- Jul 27, 2021 09:12 PM IST
A Fed spokesperson said the Federal Open Market Committee (FOMC) began its deliberations, but the latest thinking on the economy's progress will not be known until Wednesday, when the FOMC releases its policy statement and Fed Chair Jerome Powell speaks to reporters.
- Jul 26, 2021 02:58 PM IST
The key event of the week for markets is the Fed meeting, where investors will look for Chair Jerome Powell’s comments about the timing for the start of tapering of the central bank’s asset purchases.
- Jul 15, 2021 10:36 AM IST
Spot gold fell 0.2% to $1,823.87 per ounce by 0333 GMT, having hit a peak since June 16 on Wednesday at $1,829.55. U.S. gold futures were flat at $1,824.70.
- Jul 15, 2021 07:32 AM IST
A raft of Chinese economic data due later in the day, will be a major focus in Asia as will earnings from major companies, including Taiwanese chipmaker TSMC.
- Jul 14, 2021 07:11 PM IST
In his testimony, Powell was upbeat about the economy, with growth on track 'to post its fastest rate of increase in decades.'
- Jul 13, 2021 06:05 PM IST
The Fed is mapping inflation expectations to see if the recent jump in consumer prices is lifting outlooks in a lasting manner
- Jun 30, 2021 06:24 PM IST
Chairman Jerome Powell sees recent price increases as transient, but other officials like James Bullard are not on the same page