News list for "Powell today"
According to the official website data, Polymarket forecasts that the probability of Powell being removed from the Federal Reserve Chair in 2025 has dropped to 10%.
The president scolded the street and asked the lawmakers to "beat" hard. The war in the Middle East has not stopped, and the Federal Reserve is divided. How is Powell going to "fight against the Confucians" tonight? Click to view...
On April 23rd, according to the official website data, the probability of "Powell being removed as chairperson of the Federal Reserve in 2025" predicted on Polymarket dropped to 13%. Previously, it was reported that US President Trump said during the swearing-in ceremony of US Securities and Exchange Commission Chairperson Atkins on Tuesday local time that he has no intention of firing Federal Reserve Chairperson Powell, although he is disappointed that the Federal Reserve has not cut interest r...
Hussainy, interest rate strategist at Columbia Thread Investments, said: "The market is betting that recession risks and tighter financial conditions will force the Fed to cut rates sharply this year, possibly by about 100 basis points." As for Mr. Powell's remarks later in the day, Mr. Hussainy said: "If there is any rebuttal signal from Powell and his team, short-end rates could go off course."
[List of Top 5 Highlights of Federal Reserve Chairperson Powell's Speech Today] 1. Interest Rate Guidance: Powell refused to give any guidance on the timing of interest rate changes, saying policymakers will meet one by one. "Fed Messenger" Nick Timiraos wrote that Powell's words did not change the expectation of "staying put" in August. In addition, Powell warned that the US budget is on an unsustainable path and requires bipartisan action to address the deficit. 2. Economic data: Powell said t...
Federal Reserve Chairperson Jerome Powell said today that he will not send a signal about the time of future policy action. Rising inflation is not the only risk facing the economy, followed by a slight increase in the possibility of interest rate cuts in September. Powell's testimony did not have a major impact on the price of Bitcoin (BTC). After a brief rally, BTC quickly gave up its gains. It is currently slightly above $57,000 and has risen slightly in the past 24 hours. The latest inflatio...
Mr. Powell's message today appeared to be that the Fed could cut rates "slowly" given the strength of the labour market. He did not elaborate on the timing of the rate cuts, given that there will be a lot of data ahead of the July and September meetings, so today's attitude is not surprising.
