“Baghad Jerome†Powell Denies the Fed Is Using Financial Crisis Tools
Jerome Powell has something in common with Bagdad Bob, S.....»»
Powell"s whatever-it-takes pledge puts limits of Fed"s reach in spotlight
Federal Reserve Chair Jerome Powell's message in announcing a barrage of monetary policy and liquidity actions was clear: The U.S. central bank will use all the tools at its disposal to keep credit flowing through the U.S. and global financial system......»»
Wall St. sees biggest weekly slump since 2008 crisis
Stocks fell for a seventh straight session and suffered their largest weekly drop since the financial crisis but ended Friday above their lows after Federal Reserve Chairman Jerome Powell issued a statement. Conway G. Gittens reports......»»
Powell says he sees "moderate" risk from corporate debt
Federal Reserve Chairman Jerome Powell says a sharp rise in corporate debt is being closely monitored but currently the Fed does not see the types of threats that triggered the 2008 financial crisis......»»
Bonds flash biggest recession sign since before financial crisis
Federal Reserve Chairman Jerome Powell's assertion this week that the U.S. economy remains strong is facing a stern test from the bond market......»»
Bonds flash biggest recession sign since before financial crisis
Federal Reserve Chairman Jerome Powell's assertion this week that the U.S. economy remains strong is facing a stern test from the bond market......»»
Fed"s Powell Says Central Banks Can"t Take Independence for Granted
An erosion of public trust in institutions could threaten the independence of central banks and requires greater transparency from policy makers following the 2008 financial crisis, Fed Chairman Jerome Powell said......»»
The Fed: Powell agrees with Bernanke that Congress shouldn’t have taken away Fed’s crisis-fighting tools
Fed Chairman Jerome Powell lamented the fact that Congress has limited the Fed’s discretionary power to act as lender of last resort during a crisis......»»
The Fed: Powell agrees with Bernanke: Congress shouldn’t have taken away Fed’s crisis-fighting tools
Fed Chairman Jerome Powell lamented the fact that Congress has limited the Fed’s discretionary power to act as lender of last resort during a crisis......»»
The Fed is watching housing "carefully" and hopes builders catch up to the red-hot market, Chair Powell says
The market isn't showing "financial stability concerns" that fueled the 2008 bubble's pop, and is instead suffering from a supply shortage, he said. Federal Reserve Chair Jerome Pow.....»»
Don"t be fooled by the jobs report, the Federal Reserve isn"t hiking interest rates any time soon
The jobs report may be strong and the US economy may be recovering, but that doesn't mean the Fed is going to ease off the COVID crisis measures. Federal Reserve Chair Jerome Powell pre.....»»
10-year Treasury yield jumps above 1.50% Thursday afternoon after Powell refers to inflation"s rise as transitory
U.S. Treasury yields Thursday after Federal Reserve Chairman Jerome Powell said he was monitoring the rise in bond yields and that he would be concerned if financial conditions did tighten. "I would be concerned by disorderly con.....»»
The Fed: Powell sends warning to markets that Fed doesn’t want ‘persistent’ tightening in financial conditions
Federal Reserve Chairman Jerome Powell on Thursday said he would be concerned if there was persistent tightening in financial conditions.....»»
Federal Reserve Chairman Jerome Powell Speech to be released at 12:05
See the rest of the story here. Theflyonthewall.com provides the latest financial news as it breaks. Known as a leader in market intelligence, The Fl.....»»
Fed"s Powell says state and local governments are rebounding faster right now than during the financial crisis
Pandemic-related expenses still pose a risk to governments, but tax revenues have largely outperformed, the Fed chair said .....»»
Market Snapshot: Dow, S&P 500 erase sharp losses to end higher as Powell pledges Fed support for economy through COVID crisis
The Dow and S&P 500 eked out gains Tuesday, while the tech-heavy Nasdaq Composite finished lower, as congressional testimony from Federal Reserve Chairman Jerome Powell helped reverse a market selloff tied largely to a sharp rise in bond yields......»»
It Wasn’t Just Fed Chairman Powell Tanking the Stock Market
Sometimes the news has an exaggerated impact on the financial markets. Federal Reserve Chairman Jerome Powell provided the exaggeration on Wednesday......»»
Dow slips more than 500 points as Fed"s Powell says coronavirus crisis "without modern precedent"
U.S. stocks traded lower on Wednesday as investors attempted to digest comments being made by Federal Reserve Chairman Jerome Powell about the economic outlook in the .....»»
Dow slips more than 200 points at Wednesday"s open as Fed"s Powell says coronavirus crisis "without modern precedent"
U.S. stocks traded lower on Wednesday as investors attempted to digest comments being made by Federal Reserve Chairman Jerome Powell about the economic outl.....»»
Market Snapshot: Dow stumbles 200 points as Fed’s Powell says scope of coronavirus crisis ‘without modern precedent’
U.S. stock benchmarks trade lower Wednesday morning as Federal Reserve Chairman Jerome Powell offers an uncertain near-term outlook of the economy, with state and federal officials attempting to restart businesses from a coronavirus-induced lockdown......»»
The Fed: Powell rejects using negative rates as a policy tool
Federal Reserve Chairman Jerome Powell on Wednesday seemed to close the door on using negative interest rates as a policy tool, even as financial markets flirt with the idea......»»