Powell Gives the Market What It Wants, Not What It Needs

Powell Gives the Market What It Wants, Not What It Needs

Federal Reserve Chair Jerome Powell said on Friday that the central bank would revert to its policy approach used prior to 2020. But the Fed might be better served by reaching back to its tack of more

The Gauntlet Of Fed Chair Powell

The Gauntlet Of Fed Chair Powell Authored by Tuomas Malinen via Substack, Chairman of the Federal Reserve Jerome Powell signaled a September rate cut in his speech in Jackson Hole on Friday. During the past decade or so, the annual meeting of the most powerful central bankers in Jackson Hole has turned from something we (macro)economists looked forward to into a ‘snake pit’ of central bank policy. Back in the day, we looked for signals consideri…

The Gauntlet Of Fed Chair Powell – altnews.org

The Gauntlet Of Fed Chair Powell Authored by Tuomas Malinen via Substack, Chairman of the Federal Reserve Jerome Powell signaled

Fed Chair Powell Faces Fresh Threats to Independence Amid Potential Rate Cuts

Now that Federal Reserve Chair Jerome Powell has signaled that the central bank could soon cut its key interest rate, he faces a new challenge: how to do it without seeming to cave to the White House's demands.

Fed appears to signal rate cuts

Noting that inflation remains elevated, Powell stated that “the balance of risks appears to be shifting.”