Tag Archives: Jerome Powell

It is becoming more and more obvious that the current historic inflation levels have ignited growing calls to speed taper. The US Federal Reserve is setting the scene for a new debate between hawkish and dovish approaches regarding the stimulus withdrawal, tapering and interest rate hike. Major peers, such as …

US Treasury yields fell on Friday morning, with investors eyeing who would nominate the Fed chair, the benchmark 10-year Treasury yield fell by 3 basis points to 1.5565%, and the yield on the 30-year Treasury fell 3 basis points to 1.9405 %. President Joe Biden is expected to announce his …

US Treasuries rallied on Wednesday as the recent backup in yields reached levels that drew buyers back to the securities.10-year yields US10YT=RR reached 1.65%, the highest since Oct. 26, before reversing and falling back to 1.61%. They have increased from a low of 1.42% last week, before data showed that …

Jerome Powell and Lael Brainard are widely believed to be the two frontrunners for the Fed Chair’s position. No other names have leaked to the public according to key media outlets in Washington DC.Brainard, if appointed, would be the second woman to head the US Federal Reserve Bank, following Treasury …

President Joe Biden is expected to decide as soon as this week whether Jerome Powell will be re-nominated for a second term as Fed Chair or Lael Brainard is Biden’s pick instead.The Wall Street Journal reported that Biden’s meetings with both had only other adviser, National Economic Council Director Brian …

Bitcoin’s rally weakened on Tuesday, suggesting that buyers took some profits at around the $68,500 all-time price high. Despite a short-term retreat, upward price targets are expectedfor both BTC and ETH over the next month.There is a positive sentiment that often prevail the crypto markets near every year’s end. Price …

The U.S. Federal Reserve looks at a wide range of indicators trying to extract as much observations as possible on how close the economy is to reach full employment. Federal Reserve Chair Jerome Powell said Tuesday that the central bank will look beyond headline numbers to determine when it has …

Following the Federal Open Market Committee’s (FOMC) decision to keep the policy rate unchanged and to taper the asset purchases program by $15 billion per month, FOMC Chairman Jerome Powell is delivering his comments on the policy outlook, and notably inflation and employment: Following is a compilation of Jerome Powell’s …

U.S. Treasury yields were mostly higher in uneven trading session on Wednesday as the market awaits the Federal Reserve’s likely action to commence tapering asset purchases while digesting news that upcoming debt auction sizes will be cut. The benchmark 10-year yield, which fell to a 2-1/2-week low of 1.519% earlier …

The U.S. Federal Reserve Bank gears up to taper its huge asset purchases as investors are scanning the market before and after signals of how effectively the central bank can tighten the U. S. monetary policy to deal with stubbornly high inflation.Fed policymakers are expected to give the green light …