Page 5 - Jerome Powell

Jerome Powell speech unlikely to stir India markets, deter foreign inflows

On the contrary, flows into India may surge if the Covid situation remains in control, say experts

No taper tantrum

India must address risks to financial stability

Fed Chair says taper could start in 2021, with no rush on rate hike

Powell said US economy continued to make progress towards the central bank's benchmarks for reducing its pandemic-era emergency programs, but stopped short of signaling the timing for any policy shift

Fed Chair gives no signal on start of bond-buying taper, weighs Delta risks

In a speech to the annual Jackson Hole economic conference, Powell indicated the Fed will remain cautious in any eventual decision to raise interest rates

Fed on track to slow aid for economy later this year, says Powell

The Federal Reserve will start dialing back its ultra-low-rate policies this year as long as hiring continues to improve

S&P 500 hits record high as 'prudent Powell' stands pat on policy

All the 11 major S&P sectors were up, with energy, materials and communication services jumping 1% each.

Sensex rises 176 pts to end above 56K for first time; BSE Midcap jumps 1%

The broader markets, meanwhile, outperformed, rising for the fourth straight session

Gold falls as dollar inches higher, caution ahead of Jackson Hole

Spot gold fell 0.3% to $1,784.82 per ounce by 0705 GMT, while U.S. gold futures fell 0.3% to $1,785.00.

Asian shares spooked by Delta variant's spread as Jackson Hole looms

Investors are mostly waiting for the Federal Reserve's Jackson Hole symposium on Friday and what central bank chair Jerome Powell might say about U.S. tapering monetary stimulus

Subdued investors keep powder dry ahead of Jerome Powell's speech

The STOXX index of 600 European companies, nudged 0.15% higher to 472.51 points, less than four points from its record high from earlier this month

Risk-on sentiment grows as Jackson Hole speech nears

Stocks in Asia, Europe and Wall Street futures all made gains, setting them on a recovery course after Chinese regulatory worries triggered a sell-off last week.

Janet Yellen gets a chance to shape US Fed, this time from outside

As Jerome Powell nears the end of his term as Federal Reserve chair, Yellen is getting another chance to shape the future of the central bank.

Fed's James Bullard wants taper to start by Dec, end by March 2022

The Fed has been buying $80 billion of Treasuries and $40 billion of mortgage-backed securities a month to help the economy heal from Covid-19 downturn

Fed says progress made toward conditions for tapering bond buys

Any move to shrink policy support will be based on progress on the Fed's goals for jobs and inflation

Gold prices at 1-month high as dovish Fed stance lifts bullion appeal

Gold prices climbed to a one-month peak on Thursday after US Federal Reserve Chair Jerome Powell soothed investor fears by reassuring that he was in no rush to tighten policy, lifting metal's appeal

This particular inflation unique in history: Federal Reserve's Powell

Consumer prices soared in June by the most since 2008

Fed's Powell says he's undecided on central bank digital currency

'I am legitimately undecided on whether the benefits outweigh the costs or vice versa,' Powell said

Seven months and ticking, the case for keeping Powell as Fed chair builds

WASHINGTON (Reuters) - With the U.S. Federal Reserve in the midst of a complicated policy shift, central bank watchers see a renomination of Jerome Powell to a second 4-year term as Fed chief as increasingly likely, a view bolstered by Powell's standing within the Biden administration and a closely divided Senate.

Gold firms as investors seek taper cues from Powell's testimony

Spot gold was up 0.3% at $1,812.80 per ounce, as of 0854 GMT. U.S. gold futures gained 0.2% to $1,814.20.

The limits of central banking 'toolkit'

The change in the Fed's forecast and a possible shift in policy is perhaps a good time to review how central banks - including the RBI - responded to the crisis, and debate future possibilities