Page 4 - Jerome Powell
Jerome Powell gambles on inflation easing as Fed waits for more jobs
Powell is doubling down on the US central bank's new policy framework
 "Jerome Powell gambles on inflation easing as Fed waits for more jobs")
Fed rolls out bond-buying 'taper,' holds to 'transitory' inflation belief
Even in announcing a $15 bn monthly cut to its $120 bn in monthly purchases of Treasuries and mortgage-backed securities, the Fed did not signal when it may begin next phase of policy 'normalisation'
 "Fed rolls out bond-buying 'taper,' holds to 'transitory' inflation belief")
Markets Today: Will US Fed announce a tapering despite weak GDP numbers?
Will Fed chair Jerome Powell pull start reducing monetary supply even though GDP numbers for the September quarter were weak and inflation remains sticky?
 "Markets Today: Will US Fed announce a tapering despite weak GDP numbers?")
TMS, Ep 34: Implication of net-zero goal, Prakash Mallya Q&A, and Fed taper
What will be the economic impact of India's emission-reduction commitments at COP26? What role will Intel play in India's 5G and EV goals? Will the US Fed announce a taper today? All answers here
 "TMS, Ep 34: Implication of net-zero goal, Prakash Mallya Q&A, and Fed taper")
Time for Fed to taper bond purchases but not to raise rates: Powell
The Fed has signaled it will likely begin next month to taper its $120 bn in monthly purchases of Treasury bonds and mortgage-backed securities
Janet Yellen, Jerome Powell to meet with Indian officials on economic ties
The meeting underscores the growing importance of the US-India relationship, and increasing economic and financial ties between the two countries
 "Janet Yellen, Jerome Powell to meet with Indian officials on economic ties")
Federal Reserve policymakers hone in on November taper timeline
Earlier on Tuesday, Atlanta Fed President Rafael Bostic said last month's jobs report displayed sufficient progress and endorsed a November start
 "Federal Reserve policymakers hone in on November taper timeline")
Yellen, Powell to meet with Indian officials this week on economic ties
It will take place on the sidelines of the annual meetings of the International Monetary Fund and World Bank in Washington
 "Yellen, Powell to meet with Indian officials this week on economic ties")
US President Joe Biden says he has 'confidence' in Jerome Powell
"Well, thus far yes, but I'm just catching up to some of these assertions," Biden said on a visit to Michigan when asked by a reporter about confidence in the Fed's integrity and in Powell
Did central banks gain too much clout in pandemic: An economist explains
Christina Parajon Skinner, an assistant professor at the Wharton School and former legal counsel at the Bank of England, probe the question.
 "Did central banks gain too much clout in pandemic: An economist explains")
Fed can't protect markets in case of default, says Jerome Powell
"The failure to do that is something that could result in severe damage to the economy and to financial markets and it's just not something we should contemplate," he said
 "Fed can't protect markets in case of default, says Jerome Powell")
Fed's Powell says taper could start in November, finish in mid-2022
US stocks pared gains, while yields on 10-year Treasuries pushed higher
 "Fed's Powell says taper could start in November, finish in mid-2022")
Wall Street ends higher as Fed signals bond-buying taper soon
Dow Jones Industrial Average rose 341.11 points, or 1.01%, to 34,260.95, the S&P 500 gained 41.54 points, or 0.95%, to 4,395.73
 "Wall Street ends higher as Fed signals bond-buying taper soon")
Powell says Wells Fargo asset cap to stay in place until problems fixed
A Wells Fargo spokeswoman did not immediately respond to a request for comment
 "Powell says Wells Fargo asset cap to stay in place until problems fixed")
Fed signals bond-buying taper may start soon, split on 2022 hike
US stocks rose slightly, while yields on 10-year Treasuries maintained an earlier decline; the dollar remained lower after the decision
 "Fed signals bond-buying taper may start soon, split on 2022 hike")
Federal Reserve seen announcing bond taper in Nov, rate lift-off in 2023
The survey of 52 economists also predicted the US central bank would hold interest rates near zero through 2022 before delivering two quarter-point increases by the end of the following year
Investors betting on 'stable' choice of renomination of Powell as Fed chair
Wall Street is widely expecting that Powell, who was nominated for the role by President Donald Trump in 2017, will be renominated by President Joe Biden for another four-year stint.
 "Investors betting on 'stable' choice of renomination of Powell as Fed chair")
Five challenges the US Fed chief may face in the next four years
Progressive Democrats want the Fed to take on a more expansive role in the economy, by beefing up efforts to bolster employment, heading off climate risk and addressing inequality
Delta surge means this is as good as it gets for global growth
Data over the past week captured a worldwide weakening as infections hit travel and spending and worsen supply bottlenecks that are dampening manufacturing and trade
 "Delta surge means this is as good as it gets for global growth")
Optimistic valuations
Markets continue to run ahead of fundamentals
 "Optimistic valuations")
