Tag: Powell
Oil drops 2% on Powell comments, Venezuela supply hopes
Prices also fell after Federal Reserve Chairman Jerome Powell warned that the economy could be hurt by attempts to reduce inflation. Brent crude oil lost $2.31, or 2%, to settle…
Dollar up after biggest drop in two months as Powell reaffirms Fed’s hawkish outlook.
Mr Powell has pledged that the US central bank will raise interest rates as high as necessary, including raising them above the neutral rate, in order to kill a spurt…
Paris Stock Exchange: Powell did not break the mood
Any rise is good to take for the equity markets at the moment, even when it is difficult to find its origin. The stock markets progressed yesterday, sometimes moderately as…
United States: The Fed will continue to tighten its inflation policy, announces Jérome Powell
WASHINGTON (Reuters) – The U.S. Federal Reserve (Fed) will “persist” in tightening monetary policy until lower inflation is evident in the United States, its chairman, Jerome Powell, said on Tuesday.…
Powell brightens mood: Wall Street is recovering strongly
Powell brightens the mood Wall Street is recovering strongly 05/13/2022 10:22 p.m The US stock markets are back on course for recovery. This is mainly due to the statements by…
Wall Street: Powell and the techs are fueling the rebound
(CercleFinance.com) – Wall Street began a rebound on Friday thanks to both cheap buyouts on technology stocks and reassuring words from Jerome Powell, the chairman of the Federal Reserve. At…
US Senate confirms Republicans: Fed Chair Powell gets second term
US Senate confirms Republicans Fed Chair Powell gets second term 05/12/2022, 10:10 p.m Under Jerome Powell’s leadership, the US Federal Reserve has recently raised interest rates twice in the fight…
“Jerome Powell wants to believe in a miracle, which would allow inflation to subside on its own”
Lhe financial markets love the press conferences of the chairman of the American Federal Reserve (Fed), Jerome Powell, his sincere modesty, his reassuring answers and his tempered optimism, which lead…
The Fed will raise its tone, Jerome Powell expected on the follow-up
D-Day for the US Federal Reserve, which is preparing, unless there is a huge surprise, to raise its interest rates by 50 basis points and to give indications on the…
Wall Street: In fall after the words of Jerome Powell
(CercleFinance.com) – The New York Stock Exchange ended sharply lower on Friday evening, the day after a speech by Jerome Powell whose unaccommodating tone caused bond yields to rise sharply.…
Powell prepares the markets for a major tightening, the Cac 40 down nearly 2%
The Paris Stock Exchange fell sharply after two consecutive sessions of increases above 1%. The more aggressive tone adopted by the Chairman of the US Federal Reserve in terms of…
Jerome Powell confirms the restrictive turn of the Fed, the Cac 40 accuses the blow
The Paris Stock Exchange is starting to fall again after two consecutive sessions of increases of more than 1%, thus virtually erasing its weekly progress. Wall Street is hesitant in…