#powell

7:52pm, 31st July, 2019

Asian shares falter, dollar jumps as Powell dampens hopes for more rate cuts

Asian shares fell to six-week lows on Thursday and the dollar rose after the U.S. Federal Reserve delivered a 25-basis-point rate cut as expected but poured cold water on market expectations of a lengthy easing cycle.

Trump taps a strident Powell critic for spot on Fed board

2:21pm, 22nd March, 2019

Politics

Trump taps a strident Powell critic for spot on Fed board

President Donald Trump on Friday tapped Stephen Moore, a conservative economic commentator and fellow critic of Federal Reserve policy under Chairman Jerome Powell, to join the U.S. central bank's board of governors, a move that would position a...

Powell: Fed not in 'any hurry' to change rates amid global risks - tv

7:42pm, 10th March, 2019

Business

Powell: Fed not in 'any hurry' to change rates amid global risks - tv

Federal Reserve Chairman Jerome Powell said on Sunday the U.S. central bank does "not feel any hurry" to change the level of interest rates again as it watches how a slowing global economy affects local conditions in the United States.

Fed's Powell heads to Congress amid shifting landscape

7:00pm, 25th February, 2019

Politics

Fed's Powell heads to Congress amid shifting landscape

Federal Reserve Chairman Jerome Powell worked hard to strengthen ties with Congress during his first year as head of the U.S. central bank, doubling the pace of meetings with lawmakers over his predecessors and courting Democrats and Republicans alik...

Dina Powell withdraws from consideration for U.S. envoy to U.N.: source

7:12am, 12th October, 2018

Politics

Dina Powell withdraws from consideration for U.S. envoy to U.N.: source

Goldman Sachs executive Dina Powell has withdrawn from consideration to succeed Nikki Haley as the U.S. ambassador to the United Nations, a source familiar with the matter said on Thursday.

Dina Powell withdraws from consideration for U.S. ambassador to U.N.: source

5:26pm, 11th October, 2018

Politics

Dina Powell withdraws from consideration for U.S. ambassador to U.N.: source

Goldman Sachs executive Dina Powell has withdrawn from consideration to succeed Nikki Haley as the U.S. ambassador to the United Nations, a source familiar with the matter said on Thursday.

Trump says he is talking to former adviser Powell about U.N. job

12:05pm, 10th October, 2018

Politics

Trump says he is talking to former adviser Powell about U.N. job

President Donald Trump said on Wednesday he has been talking with Goldman Sachs executive Dina Powell, one of his former advisers, about possibly succeeding Nikki Haley as the U.S. ambassador to the United Nations.

Powell sets Fed's course with data-based judgment

6:44pm, 26th August, 2018

Business

Powell sets Fed's course with data-based judgment

Federal Reserve Chair Jerome Powell has begun putting his stamp on the U.S. central bank as someone who will rely more on data-informed judgment and less on some of the models and theoretical values that have shaped the Fed’s course in recent years b...

Fed Chair Powell: further rate hikes best way to protect recovery

9:48am, 24th August, 2018

Business

Fed Chair Powell: further rate hikes best way to protect recovery

The Federal Reserve's steady interest rate hikes are the best way to protect the U.S. economic recovery and keep job growth as strong as possible and inflation under control, Fed Chair Jerome Powell said on Friday in a high-profile endorsement o...

Asia slips after U.S.-China trade talks end without progress, Powell eyed

9:36pm, 23rd August, 2018

Business

Asia slips after U.S.-China trade talks end without progress, Powell eyed

Asian stocks fell on Friday after U.S.-China trade talks ended without progress, with the markets braced for a speech by Federal Reserve Chairman Jerome Powell for hints on the direction of U.S. monetary policy.

Fed's Powell: 'Several years' of strong jobs, low inflation still ahead

9:34am, 17th July, 2018

Business

Fed's Powell: 'Several years' of strong jobs, low inflation still ahead

U.S. Federal Reserve Chairman Jerome Powell, discounting the risk that a trade war may throw a global recovery off track, said the economy is on the cusp of "several years" where the job market remains strong and inflation stays around the Fed's...

Who has Fed Chair Powell's ear? Lawmakers and bankers

5:42pm, 6th July, 2018

Business

Who has Fed Chair Powell's ear? Lawmakers and bankers

Federal Reserve Chair Jerome Powell spends more time with U.S. lawmakers, White House advisers, and bankers than did his predecessor Janet Yellen, who tended to favor meetings with professors, the Treasury secretary and community advocates.