Page 9 - Jerome Powell
Asian stocks cheer upbeat data but temper appetite ahead of US Fed meeting
The Fed is due to announce its decision on Wednesday, followed by a news conference from Jerome Powell
 "Asian stocks cheer upbeat data but temper appetite ahead of US Fed meeting")
Rates to stay low for 'however long it takes': US Fed Chair Jerome Powell
Jerome Powell said the US jobs report for August was "a good one," but noted that with gains likely to slow, the central bank is planning to keep its foot on the monetary policy gas pedal for years
 "Rates to stay low for 'however long it takes': US Fed Chair Jerome Powell")
Managing markets
Bond and currency markets would increase policy difficulties
 "Managing markets")
Gold holds steady on softer dollar, investors eye Fed Chair Powell's speech
Gold prices were mostly unchanged after rising more than 1% in the previous session on weaker US dollar, as investors awaited a speech from Federal Reserve Chairman Jerome Powell due later in the day
Framework review complete, Powell starts hard sell for higher inflation
On Thursday, Fed Chair Jerome Powell begins what may be the tougher task: convincing the public that the central bank can and will deliver in the wake of a pandemic
Gold prices fall to Rs 51,454 per 10 gram, silver plunges to Rs 64,594 a kg
In New Delhi, prices of 22-carat gold plunged sharply to Rs 51,250 from Rs 51,700 per 10 gram in the previous trade while price of 24-carat was at Rs 54,870
 "Gold prices fall to Rs 51,454 per 10 gram, silver plunges to Rs 64,594 a kg")
Gold ticks higher as dollar slips; focus turns to Fed Chair Powell's speech
Spot gold was up 0.2% to $1,935.88 per ounce by 0335 GMT. U.S. gold futures gained 0.1% at $1,941.60
 "Gold ticks higher as dollar slips; focus turns to Fed Chair Powell's speech")
Fed chief Powell says coronavirus surge slowing US economic recovery
Powell's comments, made via videoconference after the Fed announced its policy decision to leave interest rates near zero, suggest dimming hopes for a quick economic rebound
US economy likely suffered historic plunge in Q2; outlook grim due to virus
Federal Reserve Chair Jerome Powell on Wednesday acknowledged the slowdown in activity
 "US economy likely suffered historic plunge in Q2; outlook grim due to virus")
'Extraordinarily uncertain': Fed chief Powell on outlook for US economy
Fed Chairman Jerome Powell said the outlook for the US economy was 'extraordinarily uncertain' and the success of the recovery effort would depend on its ability to contain the coronavirus spread
 "'Extraordinarily uncertain': Fed chief Powell on outlook for US economy")
US Federal Reserve's balance sheet shrinks for first time since February
The Fed's balance sheet fell to $7.14 trillion on June 17 from $7.22 trillion a week earlier
 "US Federal Reserve's balance sheet shrinks for first time since February")
Indices tumble as worries over second wave of infections cloud sentiment
Fed's assessment of a long-lasting damage to US economy dented risk appetite
 "Indices tumble as worries over second wave of infections cloud sentiment")
Emerging-market rally seen unstoppable as traders turn to Powell
JPMorgan's measure of implied volatility for EM currencies had its biggest weekly drop since 2011
 "Emerging-market rally seen unstoppable as traders turn to Powell")
Second wave of Covid-19 could derail US economic recovery: Fed chief Powell
Powell believes that the second wave of coronavirus cases would dampen consumer confidence and hurt economic recovery
 "Second wave of Covid-19 could derail US economic recovery: Fed chief Powell")
US economy to recover from Covid-19 shock by end of 2021: Fed Chief Powell
The US has expressed disappointment over China's handling of the Covid-19 which has claimed nearly 90,000 lives in America
Stock markets fall sharply as stimulus package fails to lift sentiment
The benchmark indices fell nearly 3% on Thursday, erasing all the gains made a day earlier on optimism over the Rs 20-trillion rescue package announced by the government
 "Stock markets fall sharply as stimulus package fails to lift sentiment")
Market Wrap, May 14: Here's all that happened in the markets today
Sectorally, IT stocks took the biggest knock as the Nifty IT index declined 3.5 per cent to 13,293.70 levels. Nifty Bank lost 566 points or nearly 3 per cent to 19,068.50 levels
 "Market Wrap, May 14: Here's all that happened in the markets today")
Market Ahead, May 14: All You Need To Know Before The Opening Bell
A total of 18 companies including Biocon, Escorts, and Manappuram Finance are scheduled to announce their results today
 "Market Ahead, May 14: All You Need To Know Before The Opening Bell")
Covid-19 crisis: Jerome Powell warns of lasting harm; US stocks slump
The Dow Jones Industrial Average was down 496.84 points, or 2.09 per cent, at 23,267.94, the S&P 500 was down 52.72 points, or 1.84 per cent, at 2,817.40 (at 9:37 pm IST).
Wall Street falls as Powell warns of extended period of weak growth
It will take some time for the US economy to get back to where it was, Powell said in a webcast, and called for more fiscal stimulus
 "Wall Street falls as Powell warns of extended period of weak growth")
