Page 6 - Jerome Powell
Gold ticks up after Jerome Powell pledges not to raise rates quickly
Gold prices gained on Wednesday after US Federal Reserve Chair Jerome Powell promised not to raise interest rates too quickly based only on the fear of coming inflation
 "Gold ticks up after Jerome Powell pledges not to raise rates quickly")
Fed will not raise rates on inflation fears alone, Jerome Powell says
Federal Reserve Chair Jerome Powell reaffirmed the US central bank's intent to encourage a "broad and inclusive" recovery of the job market, and not to raise interest rates too quickly
 "Fed will not raise rates on inflation fears alone, Jerome Powell says")
Wall Street rises as Fed chief Powell testifies to panel, oil wavers
Wall Street moved past mixed results in early trading to post solid gains by the afternoon, as investors awaited Powell's testimony to a congressional panel
 "Wall Street rises as Fed chief Powell testifies to panel, oil wavers")
Fed will not raise rates on inflation fears alone, says Jerome Powell
Fed will watch broad set of labor market data, says Powell
 "Fed will not raise rates on inflation fears alone, says Jerome Powell")
Gold edges higher on subdued dollar ahead of Jerome Powell's testimony
Gold inched higher on Tuesday as a halt in the dollar's rally bolstered the appeal of the precious metal ahead of US Federal Reserve Chairman Jerome Powell's testimony to Congress
US Fed holds rates at zero, projects two hikes by the end of 2023
"Progress on vaccinations has reduced the spread of Covid-19 in the United States," the Federal Open Market Committee said in a statement released Wednesday
Jerome Powell waves inflation worries away as Fed holds rates near zero
Powell was dismissive of anecdotes of labor shortages, explaining it mostly as an allocation problem
 "Jerome Powell waves inflation worries away as Fed holds rates near zero")
Federal Reserve signals intent to wield power over short-term rates
Repo and Treasury bill rates have been flirting with zero since the beginning of the year as reserve balances at the central bank swell
 "Federal Reserve signals intent to wield power over short-term rates")
Fed's Powell expects inflation to bump up, but not get out of hand
Powell is appearing before the committee along with Treasury Secretary Janet Yellen as part of Congressional oversight of the government's response to the pandemic
 "Fed's Powell expects inflation to bump up, but not get out of hand")
Gold eases as dollar surges on Jerome Powell's reassurance on inflation
Gold prices eased on Wednesday, as the dollar touched a more than two-week high after US Federal Reserve Chair Jerome Powell reassured Congress that inflation would not spiral out of control
 "Gold eases as dollar surges on Jerome Powell's reassurance on inflation")
S&P 500, Dow open lower ahead of Powell, Yellen testimonies
(Reuters) - The S&P 500 and the Dow edged lower at open on Tuesday as energy and travel stocks slipped, while investors awaited remarks from Fed Chair Jerome Powell and Treasury Secretary Janet Yellen for clues on the health of the economy.
 "S&P 500, Dow open lower ahead of Powell, Yellen testimonies")
US futures drop as investors await clues on rebound from Powell, Yellen
Chevron Corp, Occidental Petroleum Corp and Exxon Mobil Corp shed between 1.5 per cent and 3.5 per cent pre-market as oil prices slumped 3 per cent
Jerome Powell says economy recovering but US Fed support still needed
Federal Reserve Chairman Jerome Powell says the economic recovery from the pandemic has progressed more quickly than expected, but the central bank does not intend to let up in its support efforts
 "Jerome Powell says economy recovering but US Fed support still needed")
Fed's Jerome Powell: Public should understand risks of Bitcoin
Federal Reserve Chair Jerome Powell said Monday that the US public needs to understand the risks behind Bitcoin and other crypto currencies
 "Fed's Jerome Powell: Public should understand risks of Bitcoin")
US economic recovery far from complete: Fed Chairman Jerome Powell
The economic situation in the US is much improved since the Covid-19 pandemic hit, but the recovery is "far from complete", Federal Reserve Chairman Jerome Powell said
Jerome Powell is in it to win it despite bond-market inflation fear
Fed chair makes clear FOMC will only react to actual data
US bond yield spike, rising Covid-19 cases in India drag indices
The index rose close to 500 points on opening after the US Federal Reserve (Fed) pledged to shrug off inflation worries for a while and keep the monetary policy loose through 2023
 "US bond yield spike, rising Covid-19 cases in India drag indices")
SBI Fund Management goes long cash after jump in rates volatility
The latest factsheet shows that SBI's Dynamic Bond Fund's cash holding rose to 32.5% as of the end of January, compared with 8.4% at the end of June
 "SBI Fund Management goes long cash after jump in rates volatility")
Fed's Jerome Powell faces political test on bank capital relief issue
On March 31, an emergency pandemic regulatory relief measure that for the past year has allowed Wall Street banks to hold less loss-absorbing capital against certain assets is due to expire
US Fed's Powell faces political test on bank capital relief question
Progressives, including Senators Elizabeth Warren and Sherrod Brown, who now heads the Senate Banking Committee, say banks are cynically seizing an opportunity to ease more rules
