News list for " powell ben"
Fed Chairperson Jerome Powell should have signaled a 100 to 150 basis point rate cut.
For Milan's personal arrangements, Bescent revealed a longer-term plan. With Trump's cronies in place, Powell may face a historic situation of "three votes against" this week! Click to view...
On September 16th, Nick Timiraos, the "Federal Reserve's mouthpiece", wrote in the latest article: "This week's Fed rate cut is basically a foregone conclusion, and investors will focus on whether Powell will further advance his recent stance shift. Investors will pay close attention to a key message: Will Powell and his colleagues set the total number of rate cuts this year at three, or maintain the expectations in June (when the job market seemed more solid, and minority officials expected two...
"Federal Reserve Messenger" Nick Timiraos recently wrote: "This week's Fed interest rate cut is basically a foregone conclusion, and investors will focus on whether Powell will further advance his recent stance shift. Investors will be closely watching a key message: whether Powell and his colleagues will cut the total number of interest rate cuts this year...
Prominent economist Mohamed El-Erian wrote that Powell could have stopped the attack on the Federal Reserve months ago, and now he still has a chance. Click to view...
Paul Ashworth, an analyst at Capital Economics, wrote: "The Fed's July meeting notes show that, with the exception of two governors who wanted to cut rates in July, other Fed officials generally agreed to keep rates on hold. In this regard, this is a slightly hawkish signal for the September meeting. But since the minutes predate the dismal July jobs report, it is difficult to get too many clues about the future from the minutes. Given the subsequent data release, the minutes are clearly outdate...
Powell is facing a political storm at his congressional hearing this week. Political factors are eroding the independence of the Federal Reserve. Any policy shift could trigger a violent market shock! Click to view...
Investors are looking to Federal Reserve Chairperson Jerome Powell to cut interest rates by 25 basis points this week to keep the plan on track, despite some stubborn signs of inflation and mixed signals about the job market. "This week's FOMC meeting was a refreshingly simple decision, and the case for a rate cut remains valid," Michael Feroli, chief economist at JPMorgan Chase, said in a note. Fed watchers expect Powell to reach a consensus around a small rate cut after a big cut in September....
US Senator Warren urged Federal Reserve Chairperson Jerome Powell to cut interest rates this week. US Senators Warren, Hickenlooper, and Whitehouse are reported to have jointly sent a letter to Federal Reserve Chairperson Powell.
