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POWELL RENOMINATION
Stocks fall on Wall Street, heading for another losing monthThe S&P 500 was 1.1% lower in early trading. The Dow Jones Industrial Average was down 421 points, or 1.3%, at 32,791, as of 9:49 a.m. East...31 May, 2022, 09.51 PM IST- Biden says Fed should 'recalibrate' policy as prices riseFed policymakers have signaled they will raise interest rates several times this year, likely starting in March, to try to rein in inflatio...20 Jan, 2022, 10.34 AM IST
- Dollar swoons as Powell soothes policy fears; CPI test loomsThe dollar slid to its weakest since November against major peers on Wednesday, after Federal Reserve Chair Jerome Powell said it may take ...12 Jan, 2022, 07.38 AM IST
- US economy can withstand Fed tightening, Omicron surge, Powell says"Inflation is running very far above target. The economy no longer needs or wants the very accommodative policies we have had in place," Po...12 Jan, 2022, 07.20 AM IST
- Fed doubles taper, signals three 2022 hikes in inflation pivotHeralding one of the most hawkish policy pivots in years, the central bank said Wednesday it will double the pace at which it’s scaling bac...16 Dec, 2021, 07.52 AM IST
- Gold Rate Today: Yellow metal climbs above Rs 47,500 on low-level buyingIn the spot market, the highest purity gold was sold at Rs 47,826 while silver was priced at Rs 63,781 on Tuesday, according to the Indian ...25 Nov, 2021, 11.25 AM IST
- Gold hovers below $1,800-mark on dollar strength, sooner rate-hike betsGold prices edged up on Wednesday, although strength in the U.S. dollar and bets that the Federal Reserve could raise interest rates sooner...24 Nov, 2021, 08.44 AM IST
- European shares tumble on Covid surge, rate hike fearsThe pan-European STOXX 600 dropped 1 per cent by 0815 GMT, after Asian markets followed Wall Street lower on Federal Reserve Chair Jerome P...23 Nov, 2021, 03.19 PM IST
- Asia stocks down, dollar holds firm after Powell's renominationAsia stocks were mostly lower on Tuesday, tracking a retreat on Wall Street after President Joe Biden picked Federal Reserve Chair Jerome P...23 Nov, 2021, 08.32 AM IST
- Biden to keep Powell as Fed chair, Brainard gets vice chairIn backing Powell, a Republican who was first elevated to his post by President Donald Trump, Biden brushed aside complaints from progressi...22 Nov, 2021, 07.46 PM IST
- Biden says he will make Fed nomination announcements 'fairly quickly'Biden told reporters that he has been thinking about personnel decisions, including whether to re-nominate Fed Chair Jerome Powell, and tha...03 Nov, 2021, 11.40 AM IST
- Wall Street eyes four more years for Powell at FedUnder Powell, the S&P 500 has surged about 60%, in line with the index's gain during Yellen's four years in charge of the Fed, when Wall St...24 Sep, 2021, 01.41 PM IST
- Powell says Fed taper could start ‘soon’ and end around mid-2022If progress toward the Fed’s employment and inflation goals “continues broadly as expected, the committee judges that a moderation in the p...23 Sep, 2021, 06.59 AM IST
- Stocks to fall if Biden drops Powell at Fed, economists sayNearly 90% of the economists surveyed by Bloomberg expect Biden to keep Powell in the job, an overwhelming number that’s risen from June, w...18 Sep, 2021, 01.19 PM IST
- Jerome Powell says taper could start in 2021, but no rush on rate hikeAt the Fed’s most recent policy meeting in late July, “I was of the view, as were most participants, that if the economy evolved broadly as...27 Aug, 2021, 10.29 PM IST
- What, me worry? Fed chief's emotional tone can drive markets, study suggestsNew research using artificial intelligence and voice analytics rates Powell as the most negative of the last three chairs of the US central...21 Jul, 2021, 08.31 PM IST
- Biden’s Fed choices add uncertainty for inflation-wary investorsChair Jerome Powell and vice chairs Richard Clarida and Randal Quarles could all potentially be replaced in the coming year, depending on h...05 May, 2021, 09.58 PM IST
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