Tag - jerome-powell

 
 

JEROME POWELL

U.S. Federal Reserve chair Jerome Powell laughs during the Macroeconomics and Monetary Policy Conference at the Federal Reserve Bank of San Francisco in San Francisco on Friday.
BUSINESS / Economy
Mar 30, 2024
Powell reiterates Fed doesn’t need to be in hurry to cut rates
Federal Reserve Chair Jerome Powell repeated that the U.S. central bank will await more evidence that inflation is contained before cutting rates.
A worker in the factory of Optimax Systems, in Ontario, New York on Thursday.
BUSINESS / Economy
Mar 18, 2024
Markets frustrated as Fed drops no hints on post-pandemic economy
With investors having to guess how they will respond, households and businesses are finding it harder to plan.
U.S. Federal Reserve chair Jerome Powell holds a news conference after a Federal Open Market Committee meeting in Washington on Wednesday. Powell signaled that an interest rate cut as soon as in March is unlikely, as the central bank remains data-dependent when mulling its next steps.
BUSINESS / Economy
Feb 1, 2024
Fed cements pivot but pushes back on timing of cuts
Chair Jerome Powell said officials would move patiently and doused speculation that rate cuts would start at the next meeting.
Jerome Powell, chairman of the U.S. Federal Reserve, speaks during a news conference following a Federal Open Market Committee meeting in Washington on Wednesday. The Federal Reserve held interest rates steady for a third meeting and gave its clearest signal yet that its aggressive hiking campaign is finished, forecasting a series of cuts next year.
BUSINESS / Economy
Dec 14, 2023
Fed prepares to shift to rate cuts in 2024 as inflation eases
Updated quarterly forecasts showed Fed officials expect to lower rates by 75 basis points next year, a sharper pace of cuts than indicated in September.
U.S. Federal Reserve Chairman Jerome Powell attends the Jackson Hole economic symposium in Moran, Wyoming, on Friday.
BUSINESS / ANALYSIS
Aug 26, 2023
Fed chief's 'higher for longer' mantra fans investor caution
Federal Reserve Chair Jerome Powell has left open the possibility of further rate increases and stressed the U.S. economy’s surprising strength.
Japan Times
BUSINESS / Economy
Jun 15, 2023
Fed chief dances between pause and hikes in communication two-step
The surprisingly high projections may reflect a return to the Fed’s strategy of cooling a resilient economy while slowing its tightening campaign.
Japan Times
BUSINESS / Economy
May 8, 2023
Powell’s bet against recession looks good — minus the credit crunch and a standoff
Federal Reserve Chair Jerome Powell reckons the U.S. economy can skirt recession. But the odds are stacked against him — thanks to banking, politics, and even the weather.
Japan Times
BUSINESS / Economy
Mar 23, 2023
Fed opts for hike-and-see in gamble that crisis will stay contained
Officials at the U.S. Federal Reserve are making a calculated risk that, while the recent banking turmoil will likely slow the economy, it won’t mushroom into a broader financial meltdown.
Japan Times
BUSINESS / Economy
Mar 8, 2023
Fed's Powell sets the table for higher and possibly faster rate hikes
In his first public comments since inflation unexpectedly jumped in January, Powell acknowledged that the ‘disinflationary process’ is not unfolding smoothly.
Japan Times
BUSINESS / Economy
Dec 14, 2022
Fed to downshift to half-point hike but points to higher peak
The tricky part for Chairman Jerome Powell will be convincing investors that this isn't a dovish pivot and that officials won't prematurely end their assault against inflation.
Japan Times
BUSINESS / Economy
Dec 1, 2022
U.S. Fed chair signals rate hikes will slow, likely next month, but continue
Policy-sensitive two-year Treasury yields fell on Powell's remarks, erasing increases on the day, and the dollar slipped in value against major rivals on foreign-exchange markets.
Japan Times
COMMENTARY / World
Nov 3, 2022
Powell delivers masterful performance at a difficult time
The Federal Reserve chair needed to prepare markets for a coming slowdown in rate increases without loosening financial conditions. He pulled it off.
Japan Times
BUSINESS / Economy
Nov 3, 2022
Powell signals smaller rate hikes ahead on path to higher peak
His remarks shift the focus away from the size of the next rate hike to where they will peak and how long they will have to stay at those levels.
Japan Times
COMMENTARY / World
Sep 22, 2022
U.S. Fed splits the difference on labor market pain
U.S. monetary policy makers bumped up their unemployment forecasts, but they're not ready to go full doomsday just yet.
Japan Times
BUSINESS / Economy
Sep 22, 2022
U.S. Federal Reserve intensifies its battle against inflation
The central bank raises interest rates by three-quarters of a percentage point, causing markets to slump. Officials expect further increases.
Japan Times
BUSINESS / Economy
Sep 21, 2022
Fed set to hike rates as central banks adopt hawkish stance not seen in decades
The danger, according to former one International Monetary Fund chief economist, is that they collectively go too far, driving the world economy into an unnecessarily harsh contraction.
Japan Times
BUSINESS / Economy
Sep 14, 2022
Inflation surprise puts onus on Fed to hit brakes even harder
What started as a pandemic-driven supply shock has morphed into widespread inflation rooted just as much in resilient demand.
Japan Times
BUSINESS / Economy
Sep 9, 2022
Jumbo Fed rate hike is in play as Jerome Powell sticks to hawkish view
Fed officials hope to engineer a rare soft landing where growth moderates and inflation falls with a low cost to employment.
Japan Times
BUSINESS
Aug 29, 2022
Fed chairman’s hawkish stance causes headaches for Kuroda as yen falls
The yen fell to a five-week low Monday morning, after Jerome Powell warned against prematurely loosening policy in his speech at the Jackson Hole retreat.
Japan Times
BUSINESS
Jul 28, 2022
Fed hikes rates while signaling more tightening to come
Policymakers have raised the benchmark lending rate another 75 basis points to a range of 2.25% to 2.5% and said they anticipate 'ongoing increases” will be appropriate.

Longform

Later this month, author Shogo Imamura will open Honmaru, a bookstore that allows other businesses to rent its shelves. It's part of a wave of ideas Japanese booksellers are trying to compete with online spaces.
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