FED CHAIR POWELL SEES NO US RECESSION DESPITE TRADE WAR WITH CHINA

JEROME POWELL SAYS NO FED 'RULEBOOK' FOR TRUMP TRADE WAR

JEROME POWELL PAINTS ROSY PICTURE OF US ECONOMY HOURS AFTER TRUMP DISSES HIM

The consumer is in good shape," he said.
We have been monitoring those, including slowing global growth, uncertainty around trade policy, and persistently low inflation," he said.
It is a great place that has a very strong ethic, very high morale among our people, because of that commitment to nonpolitical public service," he said.

Fed Chair Jerome Powell said Friday he does not foresee a US recession in the near future, despite recent warnings by economists about an impending downturn. “Our main expectation is not at all that there will be a...

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POWELL TO DUCK TRUMP JABS AND LET ECONOMY JUSTIFY FED RATE PAUSE


Mnuchin even suggested it was appropriate for the central bank to be raising rates as the economy strengthened and inflation picked up... READ MORE

30th July, 2018 26

BOND TRADERS PONDER FOUR FED HIKES IN 2018 AFTER POWELL'S REMARKS


So much for an uneventful Congressional question-and-answer session with new Federal Reserve Chairman Jerome Powell... READ MORE

28th February, 2018 88

WORLD FACES WAVE OF EPIC DEBT DEFAULTS, FEARS CENTRAL BANK VETERAN


But Mr White said it would be a good start for governments to stop depending on central banks to do their dirty work... READ MORE

22nd January, 2016 4503

HOW THE REST OF THE WORLD PAVED THE WAY FOR A MARCH FED HIKE


Likewise, Yellen said employment and inflation are evolving in line with the Federal Open Market Committee's expectations... READ MORE

5th March, 2017 704

POWELL'S ROSY OUTLOOK INVITES FED TO WEIGH FOUR 2018 RATE HIKES


Powell said monetary policy will try to strike a balance between avoiding an overheated economy and bringing inflation back to target on a sustained basis... READ MORE

28th February, 2018 666

YELLEN SAYS EXPECTS RATE HIKE THIS YEAR BUT CITES LABOR WEAKNESS


But her focus on domestic economic developments looked beyond recent market turbulence over Greece and China and keeps the Fed's plans on track... READ MORE

11th July, 2015 496

FEDERAL RESERVE RAISES BENCHMARK INTEREST RATE AFTER ONE-YEAR PAUSE


Fed officials slightly raised their forecasts for next year's economic growth to 2.1 percent from September's forecast of 2 percent... READ MORE

15th December, 2016 401

STOCKS RISE WITH DEBT AS SHIFT IN FED SPECULATION WEAKENS DOLLAR


Banks in the Stoxx Europe 600 Index rallied ahead of the European Central Bank's meeting on Thursday, with the regional benchmark adding 1.5 percent... READ MORE

19th October, 2016 376

TRUMP'S DILEMMA: SLOWER JOB GROWTH OR RISING RATES AND INFLATION?


In general, the lower the unemployment rate, the slower the pace of job growth the economy can sustain without pushing up wages and prices too quickly... READ MORE

4th December, 2016 307

CREDIBILITY GRADUAL APPROACH AT STAKE AS FED WEIGHS RATE RISE


Inflation has been undershooting the Fed's forecasts for the past three years... READ MORE

15th September, 2015 200

FED ON TRACK FOR SEPTEMBER RATE HIKE AS ECONOMY PICKS UP


The 18 percent dollar rally since last summer, however, poses a risk to the Fed's plans to normalize monetary policy... READ MORE

15th June, 2015 172

FED'S POWELL SAYS RISKS ARE MIXED AND REAL ESTATE IS A CONCERN


Powell said the Fed was close to meeting its dual mandate of full employment and stable prices, which it defines as 2 percent inflation... READ MORE

8th January, 2017 164

CHINA JITTERS, GLOBALIZATION BODE ILL FOR FED'S INFLATION GOAL


Central bank may struggle to meet its inflation target until the rest of the world plays along... READ MORE

28th August, 2015 161

FED'S ROSENGREN, HARVARD'S SUMMERS OFFER CAUTIOUS VIEW OF US ECONOMY


Summers advocates that the United States spend about 1 percent of GDP on public infrastructure improvements... READ MORE

4th January, 2015 151

MARKETS IN FRAGILE MOOD AS FEDERAL RESERVE PREPARES TO RAISE INTEREST RATES


The Bank of England is expected to delay a rise in rates following a string of weak inflation figures... READ MORE

13th December, 2015 134


UNEVEN CHINESE EXPANSION In Asia, the central banks of South Korea, Indonesia and the Philippines hold monetary policy meetings this week... READ MORE

7th September, 2014 101

FED TO DELAY RATE HIKE UNTIL SEPTEMBER ON TAME INFLATION OUTLOOK


Economists gave a 60 percent probability the Fed will pull the trigger by end-September, while for end-July, they penciled in a 40 percent chance... READ MORE

13th May, 2016 94

AUSTRALIAN HOUSE PRICES 12 PER CENT OVERVALUED, SAYS BARCLAYS


Australian house prices 12 per cent overvalued says barclays... READ MORE

13th July, 2015 78

INFLATION FEARS AND FRACTIOUS VOTERS MEAN NEW ECONOMIC UNCERTAINTY


As the designated inflation firefighter, Yellen will have to haul out the hoses, slowing the economy by raising interest rates and making borrowing more expensive... READ MORE

31st October, 2016 64

FED TO MOVE 'CAUTIOUSLY' ON RATE HIKES


Fed Chair Janet Yellen cites weak global economy, raising doubts on spring hike... READ MORE

30th March, 2016 53


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