Federal Reserve Chair Jerome Powell today emphasized a cautious approach to monetary policy, stating the Fed is prepared to “wait and see” before adjusting interest rates, currently set at a range of 4.25% to 4.5%. […]
Fewer workers quit (rattled by layoff headlines?), so fewer vacant slots to fill and less hiring. But actual layoffs are at historic lows. By Wolf Richter for WOLF STREET. Powell talks a lot about the balance in the […]
For the Treasury market, Powell’s speech was a nothingburger. A Sep rate cut has been priced in since the Aug 2 jobs report. By Wolf Richter for WOLF STREET. Powell re-confirmed at his Jackson Hole speech on Friday […]
By Wolf Richter for WOLF STREET. We’ll start with the “core services” CPI (services minus energy services) because this is so crucial, and because Powell keeps talking about it. We have been concerned here for months about the refusal […]
Joining Powell in the discussion are the IMF’s Gita Gopinath, Bank of Israel Governor Amir Yaron, and Kenneth Rogoff, chair of international economics at Harvard University. Thank you for the opportunity to participate in today’s panel discussion. […]
Having raised rates by 25bps (as expected) and offered a dovish bias to the statement with regard future rate-hikes, Fed Chair Powell now has the unenviable task of threading the needle between too-dovish (what does […]
Copper price rose on Wednesday as investors saw comments by Federal Reserve Chair Jerome Powell as less hawkish. Copper for delivery in March rose on the Comex market in New York, touching $4.11 per pound […]
By Ven Ram, Bloomberg markets live reporter and strategist On Wednesday, Fed Chair Jerome Powell often peppered his answers by intersplicing “Let’s see.” As it turned out, that provided enough comfort for the markets. You […]
At 9am ET, Powell will be speaking at a Riksbank panel on “central bank independence and the mandate – evolving views”, and accordingly, some believe that there is a risk that he disappoints those who […]
Weakening exports prompted a wider trade deficit in the US, but aside from that, there was little of note to driven today’s significant market moves – aside from a realization that Powell really didn’t say […]
Copyright © 2025 | Sandstone Group