Fed Chair Powell says economy in "good place" at moment

Federal Reserve Chairman Jerome Powell says the economy is in a "good place" at the moment with low unemployment and inflation rising toward the Fed's optimal range......»»

Category: topSource: foxnewsJul 12th, 2018

Fed"s Powell: Economy in "good place" but trade is a risk

Federal Reserve Chairman Jerome Powell gave an upbeat assessment of the U.S. economy but warned a sustained period of high tariffs on a wide variety of imports could be harmful to growth......»»

Category: topSource: moneycentralJul 12th, 2018

Fed Chair Powell Paints Rosy Picture Of US Economy

Federal Reserve Chairman Jerome Powell on Tuesday delivered his semiannual.....»»

Category: blogSource: benzinga5 min. ago

Watch Live: Fed Chair Powell Testifies On Market, Economy, Policy

All eyes will briefly fall on Fed Chairman Jerome Powell Tuesday morning when he appears before the Senate Banking Committee to deliver his comments on the Fed's latest moneta.....»»

Category: blogSource: zerohedge2 hr. 49 min. ago

The Dow (.DJI) , Like the Economy, Is in a Really Good Place

The Dow (.DJI) , Like the Economy, Is in a Really Good Place The Dow Jones Industrial Average jumped more than 200 points, while the Nasdaq closed at an all-time high. In today’s After the Bell, we… •…explain wh.....»»

Category: topSource: livetradingnewsJul 13th, 2018

After the Bell: The Dow, Like the Economy, Is in a Really Good Place

The stock market soared today as investors continue to wrestle with the potential impact of tariffs. Broadcom was the biggest loser today after agreeing to buy CA, the biggest winner......»»

Category: blogSource: barronsJul 12th, 2018

Fed Chair Jerome Powell Says Trade Policies Complicate Outlook

Federal Reserve Chairman Jerome Powell said a strong economy will allow the central bank to keep raising interest rates gradually and said it was too soon to judge how recent trade policy actions could influence the central bank’s policies......»»

Category: smallbizSource: wsjJul 12th, 2018

Fed Chair: The economy is doing very well

The Federal Reserve lifted its benchmark rate for the second hike this year. Watch Fed Chairman Jerome Powell explain why......»»

Category: videoSource: cnnJun 13th, 2018

Watch Live: Jay Powell Explains Why He Hiked Rates As Economy Weakens At Fed Presser

As 'hard' economic data in the US slumps to 7-month lows, Fed Chair Jay Powell just hiked rates 25bps and promised more to come... we look forward to hearing his explanation...   Probably nothing...   Watch live (feed due to start at 1430ET)........»»

Category: blogSource: zerohedgeJun 13th, 2018

‘Wile E. Coyote Is Going to Go Off the Cliff:’ Former Fed Chair Bernanke Is Not Optimistic About the U.S. Economy

“What you are getting is a stimulus at the very wrong moment.” U.S. economic growth could face a challenging slowdown as the Trump Administration's powerful fiscal stimulus fades after two years, according to former Federal Reserve Chairman Be.....»»

Category: europeSource: fortuneJun 8th, 2018

Fed Chair Powell stresses importance of an independent Fed

Federal Reserve Chairman Jerome Powell says the Fed's independence from political pressure plays a key role in enabling the central bank to fight inflation, stabilize the economy, and regulate the financial system......»»

Category: topSource: foxnewsMay 25th, 2018

EM FX Plunges: Argentine Peso Re-Crashes, Turkish Lira Tumbles To Record Low

Just hours after Fed Chair Jay Powell implied that 'emerging markets are on their own', EM FX is re-collapsing... with Argentina (despite a 1275bp rate hike) and Turkey both crashing to new record lows... "There is good reason to think that the norm.....»»

Category: blogSource: zerohedgeMay 8th, 2018

Wall Street gains on Powell comments, J&J results; Netflix drags

U.S. stock indexes rose on Tuesday after Federal Reserve Chairman Jerome Powell gave a robust view of the U.S. economy and strong earnings from healthcare giant Johnson & Johnson reinforced expectations of a solid earnings season......»»

Category: topSource: reuters5 min. ago

Fed Chairman Jerome Powell discounts the risks of a trade war, says economy remains strong

Joshua Roberts/Reuters Fed Chairman Jerome Powell appeared before the Senate Banking Committee on Tuesday as part of his semi-annual t.....»»

Category: topSource: businessinsider20 min. ago

Currencies: Dollar gains buoyancy after Powell’s upbeat comments about the U.S. economy

The U.S. dollar gains momentum versus most of its rivals on Tuesday, as Federal Reserve Chairman Jerome Powell had favorable things to say about the U.S. economy even in light of the continuing trade spats surrounding the Trump administration......»»

Category: topSource: marketwatch1 hr. 5 min. ago

J&J, Powell comment push Wall Street higher; Netflix weighs

Wall Street rose on Tuesday as Federal Reserve Chairman Jerome Powell's optimistic view on the U.S. economy and solid earnings from Dow component Johnson & Johnson lifted expectations of a robust second-quarter earnings season......»»

Category: topSource: reuters1 hr. 35 min. ago

Gold hits its lowest level of the year

Reuters/David Gray Gold hit its lowest level of the year. Federal Reserve Chair Jerome Powell signaled the central bank will con.....»»

Category: topSource: businessinsider2 hr. 4 min. ago

Powell’s Testimony: The 4 Numbers That Matter

Submitted by Nick Colas of DataTrek Research What does Fed Chair Powell want to accomplish in his congressional testimony? We’re betting he would like Fed Funds Futures to more fully .....»»

Category: blogSource: zerohedge2 hr. 49 min. ago

Fed Chair Powell Maintains Path for Gradual Rate Hikes in 2018 and Beyond

To hike or not to hike, that is the question some investors have for the Federal Reserve regarding their stance on U.S. interest rates and monetary policy......»»

Category: blogSource: 247wallst3 hr. 4 min. ago

World shares choppy as earnings flow in; eyes on Powell

Global stocks fell on Tuesday as oil prices hit a three-month low, while the dollar edged lower and most other markets were subdued before Federal Reserve Chair Jerome Powell was due to testify to the U.S. Congress. Francis Maguire reports......»»

Category: videoSource: reuters3 hr. 5 min. ago

Wall Street pares losses after Powell"s testimony

U.S. stock indexes pared some losses on Tuesday after Federal Reserve Chairman Jerome Powell said in a Congressional testimony there were "several years" of strong jobs and low inflation still ahead for the U.S. economy......»»

Category: topSource: reuters3 hr. 20 min. ago