Trends - Chair Jerome Powell - Business Recorder

Chair Jerome Powell

Gulf markets in red ahead of US inflation data

DUBAI: Most stock markets in the Gulf ended lower on Tuesday, ahead of US inflation data later in the session, which...

Published 15 Nov, 2023 06:09am

Markets

Gulf bourses drop amid hawkish Fed tone, Mideast conflict

RIYADH: Stock markets in the Gulf fell on Sunday amid warnings of possible further interest rate hikes from the U.S...

Published 23 Oct, 2023 05:58am

Markets

Gulf bourses end higher

DUBAI: Most stock markets in the Gulf gained on Wednesday as investors shrugged off fears of hawkish signals from US...

Published 22 Jun, 2023 05:45am

Markets

Oil rallies 1pc after hawkish remarks from Fed’s Powell

BENGALURU: Oil prices gained a dollar a barrel on Wednesday after some analysts predicted a drawdown in US ...

Published 22 Jun, 2023 05:45am

Business & Finance

Dollar edges down after Powell testimony

NEW YORK: The US dollar edged down against a basket of currencies on Wednesday after Federal Reserve Chair Jerome...

Published 22 Jun, 2023 05:45am

Markets

Wall St slides, Dow set for worst first-half since 1962

NEW YORK: US stocks slipped on Thursday, setting the Dow up for its worst first six months since 1962, on concerns...

Published 01 Jul, 2022 06:13am

Markets

Qatar shares suffer biggest weekly drop in two years on recession fears

DUBAI: Qatari shares led declines in the Gulf on Thursday to post their biggest weekly decline in more than two...

Published 24 Jun, 2022 06:15am

Markets

Oil prices dive $2/barrel on fear Fed rate hikes will hurt demand

NEW YORK: Oil prices fell by more than $2 a barrel on Thursday in volatile trading as investors weighed the risk ...

Published 24 Jun, 2022 06:15am

Markets

Wall Street edges higher after Powell’s remarks

NEW YORK: US stock indexes edged higher in choppy trading on Wednesday, with healthcare shares offsetting losses in...

Published 23 Jun, 2022 06:05am

Business & Finance

Dollar rises off of 1-month low ahead of Fed minutes

NEW YORK: The US dollar snapped a two-day losing streak on Wednesday ahead of the release of the minutes from the US...

Published 26 May, 2022 05:26am

Business & Finance

Dollar rebounds as risk appetite fades

NEW YORK: The US dollar edged higher on Wednesday, on pace to snap a three-session losing streak, as concerns about...

Published 19 May, 2022 05:29am

Opinion

Battered bulls hope Fed pain in rearview mirror after Powell maps out hikes

Federal Reserve Chair Jerome Powell gave investors a glimmer of hope that the central bank is unlikely to become ...

Published 06 May, 2022 05:03am

Business & Finance

US dollar rallies to more than 2-year high on steep Fed rate hike outlook

NEW YORK: The dollar surged to a more than two-year high on Friday, continuing to draw support from Federal Reserve...

Published 23 Apr, 2022 04:45am

World

Ukraine war impact on US economy 'highly uncertain’: Fed's Powell

WASHINGTON: The impact of the conflict in Ukraine on the US economy is "highly uncertain," and the central bank will...

Published 02 Mar, 2022 07:03pm

Markets

Sterling, euro gain on dollar after Fed announces taper

HONG KONG: The dollar lost ground on the euro and sterling on Thursday after the US Federal Reserve said it would ...

Published 04 Nov, 2021 09:56am

Business & Finance

Dollar slips after Powell beckons tapering

NEW YORK: The dollar slid on Friday after the market perceived a highly anticipated speech by Federal Reserve Chair...

Published 28 Aug, 2021 03:54am

Business & Finance

Australia, NZ dollars cling to gains

SYDNEY: The Australian and New Zealand dollars were hanging onto much-needed weekly gains on Friday as investors...

Published 28 Aug, 2021 03:54am

Markets

Wall Street falls on taper worries, Kabul blast

NEW YORK: Wall Street's main indexes fell to session lows on Thursday on fears of a faster tapering of the US ...

Published 27 Aug, 2021 04:52am

Markets

Tokyo stocks close flat ahead of Jackson Hole

TOKYO: Tokyo stocks closed flat on Thursday with investors on the sidelines ahead of this week's key Jackson Hole...

Published 27 Aug, 2021 04:52am

Business & Finance

Sterling steady in sluggish markets

LONDON: Sterling was little changed on Wednesday, slipping slightly against the dollar but lacking direction overall...

Published 26 Aug, 2021 04:52am

Markets

THE RUPEE: All-round loss

KARACHI: On Thursday, PKR went down against USD in both interbank and open markets after recording gains yesterday....