Page 62 - Us Federal Reserve
Gold eases as dollar recovers lost ground, investors gauge Powell testimony
(Reuters) - Gold edged lower in choppy trade on Tuesday as the dollar recovered ground lost in the immediate wake of comments from U.S. Federal Reserve Chairman Jerome Powell, who said the economic recovery was "uneven and far from complete."
 "Gold eases as dollar recovers lost ground, investors gauge Powell testimony")
Tech selloff hits Nasdaq, Jerome Powell comments limit declines
(Reuters) - The Nasdaq index fell in volatile trading on Tuesday as investors sold off mega-cap growth stocks on valuation concerns, although Federal Reserve Chairman Jerome Powell's comments on the economy helped ease some selling pressure.
 "Tech selloff hits Nasdaq, Jerome Powell comments limit declines")
Gold prices hold steady as dollar falters on Jerome Powell testimony
The dollar index surrendered early gains and was hovering near a six-week low,
 "Gold prices hold steady as dollar falters on Jerome Powell testimony")
Jerome Powell signals Fed to keep buying bonds even as outlook improves
The economy is a long way from our employment and inflation goals, and it is likely to take some time for substantial further progress to be achieved, he said
 "Jerome Powell signals Fed to keep buying bonds even as outlook improves")
Powell says Fed will not commit to any decision on dividend restrictions
"We have not decided what to do there yet and we're actually looking into that right now," Powell said during a hearing before the Senate Banking Committee
 "Powell says Fed will not commit to any decision on dividend restrictions")
Wall Street opens lower ahead of Fed Chairman Jerome Powell's speech
Wall Street's main indexes opened lower on Tuesday as investors sold off high-flying growth stocks on valuation concerns ahead of Federal Reserve Chairman Jerome Powell's testimony before Congress
 "Wall Street opens lower ahead of Fed Chairman Jerome Powell's speech")
Fed minutes highlight willingness to steer past coming inflation
The Fed made few changes to its policy statement at its last meeting in January, and did not issue new economic forecasts
 "Fed minutes highlight willingness to steer past coming inflation")
Nasdaq falls as big tech slides; Federal Reserve minutes in focus
Wall Street's main indexes opened lower on Wednesday as investors stayed away from making big bets ahead of the release of minutes from the U.S Federal Reserve's January meeting.
 "Nasdaq falls as big tech slides; Federal Reserve minutes in focus")
US: Fed policymakers see rebound ahead, even if no Covid herd immunity
Analysts have long predicted economic activity will pick up as more people are vaccinated, but hopes for a quick path to a fully immunized populace have faded amid vaccine shortages
 "US: Fed policymakers see rebound ahead, even if no Covid herd immunity")
Fed's Powell calls for broad national drive to full employment
The United States remains about 9 million jobs short of where it was a year ago
 "Fed's Powell calls for broad national drive to full employment")
Why dividing central bankers into hawks and doves misses the big picture
Reducing central bankers to caricatures risks missing the big picture. These days, policy makers have to be more nimble
 "Why dividing central bankers into hawks and doves misses the big picture")
US economy to hit pre-pandemic size by the middle of this year, says CBO
The new projections from the office, which is nonpartisan and issues regular budgetary and economic forecasts, are an improvement from the office's forecasts last summer
 "US economy to hit pre-pandemic size by the middle of this year, says CBO")
US: Fed policy makers, like lawmakers, split on need for more fiscal aid
The United States has been devastated by COVID-19, with more than 26 million Americans infected so far, and more than 441,000 dying in total
 "US: Fed policy makers, like lawmakers, split on need for more fiscal aid")
Fed remains in crisis-fighting mode as recovery appears to moderate
Monetary policy likely on hold for foreseeable future; Fed chief Powell says vaccination program key to economy
Wall Street opens lower with earnings underway, eyes on Federal Reserve
The Dow Jones Industrial Average fell 43.3 points, or 0.14%, at the open to 30893.78
 "Wall Street opens lower with earnings underway, eyes on Federal Reserve")
US Treasury yields fall to 3-week lows, dollar firms on stimulus worries
Mounting coronavirus cases and caution ahead of the U.S. Federal Reserve's policy meeting this week also dulled appetite for risk
 "US Treasury yields fall to 3-week lows, dollar firms on stimulus worries")
Gripped by greed, emerging markets turn to the US Fed for next spur
Bloomberg's Fear-Greed indicator for the MSCI developing-nation stock gauge climbed to its highest in almost a decade, a sign that gains may have been excessive
 "Gripped by greed, emerging markets turn to the US Fed for next spur")
Janet Yellen says Biden's focus now is providing relief, not raising taxes
Yellen said she agreed that the 2017 corporate tax cut had improved the competitiveness of American businesses, and Biden was not proposing to raising corporate taxes to the pre-2017 level
 "Janet Yellen says Biden's focus now is providing relief, not raising taxes")
No high inflation or fiscal crisis in the US but …
Monetary base issued by the Fed had jumped from less than $1 trn before the GFC to more than $3 trn by early 2020 and then to about $5 trn by end of the year. But inflation has hardly gone up. Why?
Easy money = higher stocks? Think again
It seems intuitively obvious that easy money would find its way into stocks, but evidence on the ground is too thin
