Powell
- Intraday First Word
- US Policy
Powell Speaks and Congress Faces Funding Deadline
On Thursday Fed Chair Powell spoke at the Cato Institute’s Monetary Conference and reiterated the Fed’s commitment to achieving 2% inflation. It was a strong signal to markets that the message he sent at Jackson Hole was not a “one off” but the policy of the Fed to roll back...
- US Policy
Powell speaks and DC looks to avoid shutdown
Those who follow markets and policy were all anticipating the speech at the Jackson Hole gathering of Fed officials and economists of Fed Chair Jay Powell. The speech was short and to the point: inflation remains the central banks number one concern, and action to bring inflation down is the...
US Policy
Powell speaks, Congress agenda and Midterms
Friday could be a big day for Fed Watchers as Chair Jay Powell will address the annual gathering of Fed officials and economists at Jackson...
US Policy
Powell speech, August doldrums
Next week the major public policy event will be in Jackson Hole, Wyoming where Chair Powell is scheduled to give a major policy address. Over...
US Policy
Big week for Powell and government budget
The Fed is going to be front and center this coming week as talk about rate increases continues and the Senate Banking Committee is scheduled...
- US Policy
Powell progresses, Budget next up
Chair Powell got through Senate confirmation hearing and is on path to second term. Biden nominates three more Board Members: two blacks, two women: more diversity.Fed rate decisions: surprise vs telegraph – Fed telegraphing March increase.Congressional appropriators meet to try and find agreement on budget for current fiscal year as...
Fed Watch
Powell Comments Prompt Mini-Tantrum, Vice Chair For Supervision Likely Between Bostic, Raskin and Cordray
The financial media is abuzz with whether Lael Brainerd or Jerome Powell will be the next Chairman of the Federal Reserve. We have been reporting...
Fed Watch
Powell Announces Fed Will Begin Tapering By End Of Year
The long-awaited Jackson Hole Summit has arrived. Chairman Powell gave his speech at 10 am EST on Friday and announced that the Central Bank was...
Fed Watch
Powell Stands Strong In Accommodative Posture At Testimony
Federal Reserve Chairman Jay Powell testified before Congress this week and, as usual, stuck to the expected talking points. He was pressed particularly hard on...
Fed Watch
Powell Says Fed Will Not Allow Large Overshoot on Inflation
Federal Reserve Chairman Jay Powell answered a letter from Senator Rick Scott (R-FL) outlining concerns about a potentially significant rise in inflation. His response gave...
