Tag Archives: Lael Brainard

Fed Vice Chair Lael Brainard’s departure to the White House stimulated speculation over who will replace her as all policymakers weigh how much further to raise interest rates.Fed watchers wasted no time in coming up with some names of their own after Brainard’s name surfaced last month as a major …

The US Dollar exhibited negative performance on Thursday, as the gloomy mood that ruled financial markets eased later on the day, but most European and US indexes closed in the red territory.Hawkish comments from ECB and US Fed’s policymakers suggested central banks are far from done with their quantitative tightening …

“The successive shocks to global supply chains from the pandemic and the war in Ukraine could ‘herald a shift’ to an era of more volatile inflation and force central banks to guard against it with tighter monetary policy,” Fed vice chair Lael Brainard said in remarks released on Monday by …

The US Dollar Index reclaims the area above the 107.00 mark on Monday. US yields tread water amid general absence of direction. The USD Index keeps unchanged following the opening bell in Wall Street. The Index looks supported around 106.30The index regains some poise after the sharp decline seen in …

The US Dollar is strong at the end of Tuesday after intraday reverse that kept it in the red territory for most of the US trading session. The American Dollar extended its advance against its safe-haven rivals, with USD/CHF now quoting at 0.9960 and USD/JPY at 145.80.US Treasury bonds fell …

The EUR/USD pair is barely up 0.08% on Tuesday, following BoE’s Baily remarks, which deteriorated the market sentiment. During the European session, the ECB Chief Economist Philip Lane said that the ECB would impact the markets by hiking rates than selling its hefty pile of bonds on Tuesday. Given that …

Oil prices dipped on Friday in mixed trading but notched its first weekly gain in five on Friday, underpinned by the possibility that OPEC+ will agree to cut crude output when it meets on October 5. Brent crude futures for November, which expire on Friday, fell 53 cents, or 0.6%, …

The Fed’s Vice Chair Lael Brainard, on Friday, stressed that any rate cut would be premature. Brainard added her full support of US central bank’s higher for longer plan for interest rates to combat inflation that new data shows is still at more than three times as much as the …

The Dow Jones Industrial Average gained 455 points, or 1.46%. The S&P 500 rose 1.79% and the Nasdaq Composite ticked up 2.06%, attempting to break a seven-day losing streak.Stocks rallied as Fed Vice Chair Lael Brainard reaffirmed that the central bank would do what it takes to stifle inflation, while …

US companies Cisco Systems and Nike told Reuters on Thursday that they will exit the Russian market entirely, as the pace of Western companies’ exit from Russia accelerates after its invasion of Ukraine in February. Cisco, the maker of telecom equipment, said it was ending its business in Russia and …