Trends - Jerome Powell - Business Recorder

Jerome Powell

Dollar climbs as data supports bigger rate hikes

NEW YORK: The dollar strengthened for the fourth time in the past five sessions, as economic data on the labor ...

Published 25 Mar, 2022 05:46am

Markets

Most Asian stocks rise as bonds retreat on hawkish Fed

BANGKOK: Most Asian stock markets rose on Wednesday as investors exited bond markets on hawkish central bank...

Published 24 Mar, 2022 05:36am

Business & Finance

Dollar climbs, euro weakens, as Biden brings sanctions plan to Europe

NEW YORK: The dollar climbed on Wednesday while the euro weakened as oil prices saw another jump with U.S. President...

Published 24 Mar, 2022 05:36am

Markets

Gold slips to near 1-week low on Powell’s hawkish stance

NEW YORK: Gold prices fell over 1% to a near one-week low on Tuesday after U.S. Federal Reserve Chair Jerome Powell...

Published 23 Mar, 2022 04:58am

Business & Finance

Dollar eases as Powell bump fades

NEW YORK: The dollar slipped on Tuesday after a move higher the previous day as comments from U.S. Federal Reserve...

Published 23 Mar, 2022 04:58am

Markets

Wall Street slides after Powell’s hawkish comments

NEW YORK: Wall Street’s main indexes fell on Monday as Federal Reserve Chair Jerome Powell’s comments sparked...

Published 22 Mar, 2022 05:21am

Business & Finance

Dollar little changed with Powell on deck

NEW YORK: The dollar was little changed versus a basket of major currencies on Monday, as investors looked toward...

Published 22 Mar, 2022 05:21am

Markets

Wall Street slides after Powell's hawkish comments

Wall Street's main indexes fell on Monday as Federal Reserve Chair Jerome Powell's comments sparked bets of more...

Published 22 Mar, 2022 01:02am

Business & Finance

Fed must move 'expeditiously' and, if needed, more aggressively, Powell says

The U.S. central bank must move "expeditiously" to bring too-high inflation to heel, Federal Reserve Chair Jerome...

Published 21 Mar, 2022 11:26pm

Business & Finance

Fed hikes rates, signals aggressive turn against inflation

WASHINGTON: The Federal Reserve on Wednesday raised interest rates by a quarter of a percentage point and laid out ...

Published 17 Mar, 2022 04:53am

Business & Finance

Dollar edges lower as traders eye Fed, Russia-Ukraine talks

NEW YORK: The dollar edged lower against a basket of currencies on Monday, but held near a 21-month high hit last...

Updated 15 Mar, 2022 06:34am

Markets

Wall Street drops as inflation data cements rate hike bets

NEW YORK: Wall Street’s main indexes fell on Thursday, with technology stocks leading the declines after data...

Published 11 Mar, 2022 05:12am

Markets

Wall Street slides as decades-high inflation reading invites aggressive Fed tightening

NEW YORK: Wall Street slid on Thursday as inflation data hit a four-decade high, all but assuring the U.S. Federal...

Published 11 Mar, 2022 12:44am

Business & Finance

Euro extends recent fall; dollar gains on data, Powell comments

NEW YORK: The euro extended recent declines against sterling and the dollar on Thursday as investors worried about...

Published 04 Mar, 2022 04:37am

Markets

Gold rally cools as bond yields, stocks recover; palladium rises

NEW YORK: Gold slipped on Wednesday due to an uptick in risk appetite and U.S. bond yields, while concerns over a...

Published 03 Mar, 2022 04:39am

Business & Finance

Powell backs 25-basis-point March rate hike

WASHINGTON: Federal Reserve Chair Jerome Powell said on Wednesday he was “inclined to propose and support a...

Published 03 Mar, 2022 04:39am

BoE reviews staff financial rules after Fed ethics scandal

LONDON: The Bank of England is conducting an internal review into its policy on officials’ personal financial...

Published 24 Feb, 2022 06:34am

Business & Finance

Fed could raise rates by half a point if needed

NEW YORK: The US Federal Reserve is not ruling out raising rates by half a percentage point if inflation remains...

Published 31 Jan, 2022 07:10am

Markets

Gold dips

LONDON: Gold prices extended losses to a more than one-week low on Thursday as the US dollar and Treasury yields...

Published 28 Jan, 2022 04:44am

Business & Finance

Dollar rise drags copper lower on hawkish US Fed comments

LONDON: Copper prices eased on Thursday as the US Federal Reserve indicated it could tighten monetary policy faster...

Published 28 Jan, 2022 04:44am

Markets

Fed flags rate hike 'soon,' plans for significant balance sheet reduction

WASHINGTON: The Federal Reserve on Wednesday signalled it is likely to raise U.S. interest rates in March and...

Published 27 Jan, 2022 01:54am

Business & Finance

Facing questions on trades, Fed vice chair to leave early

NEW YORK: Federal Reserve Vice Chair Richard Clarida announced Monday he will exit the US central bank early...