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Page 16 - Jerome Powell

US Fed cuts interest rate for the second time in a row: Top 4 highlights

Moderate economic activity, weak business fixed investment and exports, and global uncertainties promoted the Fed to lower the key interest rates, a second since the recession of 2008

US Fed cuts interest rate for the second time in a row: Top 4 highlights
Updated On : 19 Sep 2019 | 11:21 AM IST

Donald Trump asks for 'big' rate cut as Fed Reserve faces challenges

The central bank's leadership is under immense political pressure from Trump, who denounces its reluctance to slash rates more aggressively on Twitter almost daily

Donald Trump asks for 'big' rate cut as Fed Reserve faces challenges
Updated On : 17 Sep 2019 | 2:38 AM IST

Will 'act as appropriate': US Fed chief gives no hint about interest rates

The chair, under pressure from President Donald Trump to cut rates soon and deeply, listed a series of economic and geopolitical risks that the Fed is monitoring

Will 'act as appropriate': US Fed chief gives no hint about interest rates
Updated On : 23 Aug 2019 | 9:55 PM IST

Asian indices drop as traders await US Fed Chairman Jerome Powell's speech

The Fed released minutes of its July meeting later on Wednesday, which will provide an insight into its deliberations when cutting interest rates for the first time since the financial crisis

Asian indices drop as traders await US Fed Chairman Jerome Powell's speech
Updated On : 22 Aug 2019 | 3:13 AM IST

Powell holds his ground as Fed rate cuts may deliver mild jolt to economy

The Republican president has blamed the Fed under Chairman Jerome Powell for undercutting his administration's efforts to boost economic growth

Powell holds his ground as Fed rate cuts may deliver mild jolt to economy
Updated On : 31 Jul 2019 | 11:53 AM IST

Biggest week of 2019 for world economies as US Federal Reserve opt for cut

Some Fed watchers predict officials will cut their benchmark by half a percentage point, but the signal is that they will eschew a bigger move in favor of a quarter point reduction

Biggest week of 2019 for world economies as US Federal Reserve opt for cut
Updated On : 28 Jul 2019 | 3:34 PM IST

S&P 500 surges above 3,000 for first time as Powell says open to rate cuts

The yield on 10-year Treasuries fell to 2.04 per cent after climbing above 2.10 per cent for the first time in a month

S&P 500 surges above 3,000 for first time as Powell says open to rate cuts
Updated On : 10 Jul 2019 | 10:59 PM IST

In a fresh attack, Trump says US Federal Reserve 'doesn't have a clue'

Yields on two-year US Treasuries previously jumped to 1.87% from 1.76%

In a fresh attack, Trump says US Federal Reserve 'doesn't have a clue'
Updated On : 06 Jul 2019 | 9:13 PM IST

How Jerome Powell's unscripted public remarks set stage for rocky 2019

Powell took office in February determined to improve the Fed's communications with Congress and the public

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Updated On : 31 Dec 2018 | 11:17 PM IST

How 'global developments' saved US Fed Chair Jerome Powell from being fired

The almost forgotten reappearance of one phrase gives hope to those seeking a more cautious Fed in 2019.

How 'global developments' saved US Fed Chair Jerome Powell from being fired
Updated On : 28 Dec 2018 | 8:25 AM IST

Amid row, Trump likely to meet US Federal Reserve Chairman Jerome Powell

The Fed's independence is seen as a pillar of the US financial system

Amid row, Trump likely to meet US Federal Reserve Chairman Jerome Powell
Updated On : 24 Dec 2018 | 11:34 PM IST

What to make of US Fed chairman Jerome Powell's hawkish testimony

Powell said that his expectations for domestic economic growth have increased since the beginning of the year

What to make of US Fed chairman Jerome Powell's hawkish testimony
Updated On : 01 Mar 2018 | 9:36 AM IST

Fed chair nominee Powell says no bank is 'too big to fail'

The collapse of US investment bank Lehman Brothers in 2008 sparked chaos across the global financial system giving rise to the concept of 'too big to fail' institutions

Fed chair nominee Powell says no bank is 'too big to fail'
Updated On : 30 Nov 2017 | 2:05 AM IST

Jerome Powell-led Federal Reserve could be US dollar-positive in long term

Analysts say this will be a bright spot for a dollar that has struggled for most of the year

Jerome Powell-led Federal Reserve could be US dollar-positive in long term
Updated On : 04 Nov 2017 | 1:41 AM IST

Trump names 'safe' choice Jerome Powell to lead US Fed: 5 questions answered

As the engine behind the world's most important economy, the Fed's influence is hard to overstate

Trump names 'safe' choice Jerome Powell to lead US Fed: 5 questions answered
Updated On : 03 Nov 2017 | 9:31 AM IST

Jerome Powell rose to top of Trump's list as safe, savvy choice for Fed

Donald Trump on Thursday nominated Powell to replace Janet Yellen when her term expires in early February.

Jerome Powell rose to top of Trump's list as safe, savvy choice for Fed
Updated On : 03 Nov 2017 | 9:20 AM IST

Donald Trump nominates Jerome Powell to lead US Federal Reserve

Powell will replace current Fed Chair Janet Yellen

Donald Trump nominates Jerome Powell to lead US Federal Reserve
Updated On : 03 Nov 2017 | 4:52 AM IST

New Federal Reserve chairman has an economic tailwind

One of Powell's virtues for the job is that he understands markets

New Federal Reserve chairman has an economic tailwind
Updated On : 03 Nov 2017 | 4:13 AM IST

Decision today: Is Trump all set to pick Jerome Powell as next Fed chair?

After months of public debate, analysts say Powell represented a middle-ground option for the President, who wanted to mark a departure from the Obama era

Decision today: Is Trump all set to pick Jerome Powell as next Fed chair?
Updated On : 02 Nov 2017 | 8:06 AM IST

Donald Trump likely to pick Fed's Jerome Powell to lead US central bank

Powell, Yellen and Stanford University economist John Taylor are among those on the Republican president's short list

Donald Trump likely to pick Fed's Jerome Powell to lead US central bank
Updated On : 30 Oct 2017 | 10:05 PM IST