Tag: Powell

Fed readies markets for three possible rate hikes next year

All 18 Fed policymakers see the case for at least one 25 basis point hike next year, with the median member forecasting three rate hikes before 2022 is over.
— Read on ca.finance.yahoo.com/news/federal-resereve-readies-markets-for-three-possible-rate-hikes-next-year-223229788.html

Powell: Stablecoins can be useful if properly regulated

Ben Schiller, CoinDesk Managing Editor, joins Yahoo Finance Live to discuss Federal Reserve Chair Jerome Powell’s message on stablecoins and speculative assets.
— Read on ca.finance.yahoo.com/video/powell-stablecoins-useful-properly-regulated-225106607.html

Powell Declares Inflation Big Threat as Fed Signals Rate Hikes

(Bloomberg) — Federal Reserve Chair Jerome Powell signaled on Wednesday that inflation is now enemy No. 1 to keeping the U.S. economic expansion on track and returning the labor market to something approaching ebullient pre-pandemic levels. Most Read from BloombergCan Indoor Farms Reach Skyscraper Height?Zero Taxes, Golf and Beach Houses Create a Crypto Island ParadiseSaudi Arabia Wants Its Capital to Be Somewhere You’d Want to LiveIn an abrupt policy pivot, the Fed sped up the drawdown of its
— Read on ca.finance.yahoo.com/news/powell-declares-inflation-big-threat-000316478.html

Turbocharged Treasury Curve Flattening Halted in Wake of Powell

(Bloomberg) — Popular trades in the bond market were whipsawed after Federal Reserve Chair Jerome Powell indicated that monetary-policy tightening would still be gradual even as officials boosted the amount of interest-rate hikes they predict for next year.Most Read from BloombergCan Indoor Farms Reach Skyscraper Height?Zero Taxes, Golf and Beach Houses Create a Crypto Island ParadiseSaudi Arabia Wants Its Capital to Be Somewhere You’d Want to LiveThe two-year Treasury yield — which is closely
— Read on ca.finance.yahoo.com/news/breakevens-jump-powell-threads-needle-204631823.html

Powell’s Hawkish Tune Gets Equities Going as Bonds Take a Seat

(Bloomberg) — Investors responded to the Federal Reserve’s intent to tackle inflation with a clear risk-on pivot, as stocks climbed while Treasuries retreated.Most Read from BloombergCan Indoor Farms Reach Skyscraper Height?Zero Taxes, Golf and Beach Houses Create a Crypto Island ParadiseSaudi Arabia Wants Its Capital to Be Somewhere You’d Want to LiveEquity strategists highlighted the usually positive outlook for stocks in the early stages of a tightening cycle, even as bond and currency analy
— Read on ca.finance.yahoo.com/news/powell-hawkish-tune-gets-equities-025557620.html

Powell’s fourth major shift raises questions about Fed’s policy cred

The Fed is expected to say it will double the pace of its bond purchase taper, while also likely hinting at more aggressive rate hikes in 2022.
— Read on www.cnbc.com/2021/12/08/another-powell-pivot-raises-questions-about-the-feds-policy-credibility.html

Powell’s Fast-Taper Signal Presages Agile Fed on 2022 Rate Hikes

(Bloomberg) — Sign up for the New Economy Daily newsletter, follow us @economics and subscribe to our podcast.Most Read from BloombergThe Hot New Trend For Hedge Funds Is—Finally—Female FoundersAutomating the War on Noise Pollution‘Ghost Signs’ Haunt London’s Reviving NeighborhoodsJerome Powell’s pivot toward a quicker withdrawal of stimulus paves the way for a more agile Federal Reserve in 2022, one that’s willing to raise interest rates faster than expected if inflation lingers or hold back i
— Read on ca.finance.yahoo.com/news/powell-fast-taper-signal-presages-140000610.html

Powell says COVID variant clouds inflation, economic outlook

WASHINGTON (AP) — Federal Reserve Chair Jerome Powell says that the appearance of a new COVID-19 variant could slow the economy and hiring, while also raising uncertainty about inflation. The recent increase in delta cases and the emergence of the omicron variant “pose downside risks to employment and economic activity and increased uncertainty for inflation,” Powell said Monday in prepared remarks to be delivered to the Senate Banking Committee on Tuesday. The new variant could also worsen supp
— Read on ca.finance.yahoo.com/news/powell-says-covid-variant-clouds-215257895.html