Page 19 - Jerome Powell
European stocks up, losses in Asia ahead of Federal Reserve meeting
European stocks opened higher Tuesday after a day of steep losses in Asia as markets waited to hear from Federal Reserve chair Jerome Powell after a two-day policy meeting that ends Wednesday. The possibility of conflict between Russia and Ukraine and concern over coronavirus outbreaks also were adding to uncertainties. France's CAC 40 edged up 1.1% to 6,861.14 in early trading, while Germany's DAX added 0.6% to 15,100.95. Britain's FTSE 100 rose 0.5% to 7,334.99. The future of the Dow Jones Industrial Average was 1.1% lower, while the S&P 500 future fell 1.6%. On Monday, a late buying spree pushed the benchmark S&P 500 index to a 0.3% gain after pulling it out of so-called correction territory a drop of 10% or more from its recent high. The Fed meeting will provide an update on policymakers' latest thinking on the economy and interest rates. Some economists worry the Fed is moving too slowly in tamping down inflation by raising rates that have been kept low for nearly two ...
 "European stocks up, losses in Asia ahead of Federal Reserve meeting")
As the Federal Reserve's money printer quiets, markets shake
The shakiness hitting Wall Street isn't just because the Federal Reserve's money printer that's supporting markets is slowing, but that it may soon go into reverse.
 "As the Federal Reserve's money printer quiets, markets shake")
Dollar swoons as Fed's Powell soothes policy fears; CPI test looms
The dollar slid to its weakest since November against major peers after Federal chief Jerome Powell said it may take several months to make a decision on balance sheet
 "Dollar swoons as Fed's Powell soothes policy fears; CPI test looms")
Powell says US Fed could start to shrink balance sheet later this year
US Federal Reserve Chair, Jerome Powell has said that the central bank could start to shrink its balance sheet later this year.
 "Powell says US Fed could start to shrink balance sheet later this year")
Inflation poses a major threat to job market, says Fed's Jerome Powell
The consumer price index rose 6.8 per cent in the 12-month period ending in November, the fastest annual pace in almost 40 years, according to the US Labor Department
Fed's Jerome Powell vows to stop inflation from becoming 'entrenched'
He said the economy's fast-paced recovery from Covid was giving rise to persistent supply, demand imbalances
Powell says economy can withstand Fed tightening, Omicron surge
Powell told the Democratic-controlled panel that stabilizing prices was necessary to keep an economic expansion and employment growth underway.
 "Powell says economy can withstand Fed tightening, Omicron surge")
Dollar slips ahead of Powell comments; Swiss franc at seven week high
The dollar slipped on Tuesday but was stuck within recent ranges as investors waited for U.S. Federal Reserve Chair Jerome Powell to speak at a congressional hearing later in the day
 "Dollar slips ahead of Powell comments; Swiss franc at seven week high")
Fed chief vows to prevent higher inflation from becoming entrenched
US Federal Reserve Chair Jerome Powell said hat the central bank will use its tools to prevent higher inflation from becoming entrenched while supporting the economic recovery.
Asian stocks, dollar hunt for direction as investors look to Fed policy
Powell is seeking a second four-year term as head of the Fed, and his appearance before the committee will be followed by a hearing with vice chair nominee Lael Brainard on Thursday
 "Asian stocks, dollar hunt for direction as investors look to Fed policy")
US Fed signals 3 rate hikes on the cards in 2022 as inflation fight begins
The Federal Reserve said on Wednesday it would end its pandemic-era bond purchases in March and pave the way for three quarter-percentage-point interest rate hikes by the end of 2022.
 "US Fed signals 3 rate hikes on the cards in 2022 as inflation fight begins")
Why the Federal Reserve feels now is time to tighten credit more quickly
The Fed's key rate, now pinned near zero, influences many consumer and business loans, including mortgages, credit cards and auto loans.
Inflation is the biggest test yet for independence of central banks
Today's inflation is due primarily to the disruption the pandemic has caused to key global supply chains
 "Inflation is the biggest test yet for independence of central banks")
Top headlines: US Fed signals rate hikes, IMF speaks on crypto ban idea
Cryptocurrencies were proving to be a challenge for emerging markets and strong regulation was needed, IMF's Gita Gopinath said. More in today's top headlines
Jerome Powell says Fed policy must address range of plausible outcomes
Powell said the US recovery is stronger than those of other major economies, thanks in part to more robust fiscal support
Appropriate to consider wrapping up taper a few months sooner: US Fed chief
US Federal Reserve Chairman said that it is appropriate to consider wrapping up the central bank's taper of asset purchases "a few months sooner" amid inflation pressures
Fed's Jerome Powell weighs earlier end to bond tapering amid hot inflation
Powell said it's time to stop using the word "transitory" to describe inflation
Powell, Yellen head to Congress as inflation, variant risks rise
Fed Chair Jerome Powell and Treasury Secretary Janet Yellen are due to testify before the US Senate Banking Committee to discuss the economic recovery from Covid-19
Omicron Covid-19 variant poses downside risks to US economy: Fed Chief
The recent rise in Covid-19 cases and the emergence of the Omicron variant pose downside risks to US employment and economic activity, Powell said
Biden's wise Fed choice
By choosing continuity, Mr Biden accomplished several things at once
 "Biden's wise Fed choice")