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Tuesday, October 22, 2019

Tag: Jerome Powell

Fed cuts key interest rate a quarter point, citing ‘uncertainties’

Jerome Powell says he and his colleagues will continue to conduct monetary policy without regard to political considerations.

US Fed to cut rates again as optimism is tested

Futures markets overwhelmingly forecast the Fed will lower rates on Wednesday at the conclusion of the two-day meeting of the policy committee.

Powell waves off recession fears, leaves rate cuts on table

Jerome Powell leaves the door open for further interest rate cuts dismissing perception that the US economy is heading into a recession.

Asian stocks shaky before Powell’s speech as growth woes weigh

Asia Pacific shares outside Japan also edged lower while Wall Street received mixed reactions.

Ringgit opens slightly higher against US dollar

The local note's performance will depend on Jerome Powell's speech at Jackson Hole, amidst the US administration's interest rate cut plan and trade war.

Ringgit menokok berbanding dolar AS

Pelabur menjual pegangan mata wang AS menjelang ucapan pengerusi Rizab Persekutuan AS Jerome Powell di Jackson Hole hari ini.

After Trump’s attacks, more spotlight now on Powell’s speech

US President Donald Trump appointed Federal Reserve Chairman Jerome Powell to his position but has excoriated him almost daily for raising the key interest rate too quickly last year.

Yuan hits 11-year low, yen rises on rush to safe-havens

The yuan’s fall, combined with declines in Hong Kong stocks, has pushed the dollars lower and boosted the yen.

Ringgit dibuka tidak berubah berbanding dolar AS

Ringgit tidak berubah dan kekal pada paras 4.1750/1800 berbanding dolar AS seperti semasa ditutup pada Rabu.

Ringgit unchanged at opening against US dollar

The ringgit's performance would depend on a possible interest rate cut by the US Federal Reserve.

Asian markets drop as traders await Powell speech

With few fresh catalysts, dealers and investors have taken a step back after recent gains.

Asian markets mostly rise on optimism for trade, stimulus

Signs of easing tensions in the China-US trade war bring cheer to investors.

US stocks fall, dollar rallies on cloudy US Fed outlook after...

Stocks fall sharply midway through a subsequent news conference after Fed Chairman Jerome Powell said the US central bank did not expect a 'lengthy cutting cycle.'

Fed’s Powell doubles down on rate cut signal

Economists and investors see it as a certainty that the US Federal Reserve will lower the key borrowing rate at the policy meeting on July 30-31.

Ringgit to trade at present level against US dollar next week

The ringgit is likely to trade at the current level of between 4.11 and 4.13 against the US dollar.

Wall St notches all-time highs on lingering rate-cut optimism

All three major indexes post record closing highs as firm expectations for a Fed-approved interest-rate cut continue to propel shares.

Trump blasts tech firms, cryptocurrencies at ‘free speech’ summit

Trump lambasts cryptocurrencies and demands companies to seek a banking charter and make themselves subject to US and global regulations.

Powell does not veer from signal that rate cuts are coming

Federal Reserve Chair Jerome Powell indicates again that an interest rate cut from the US central bank is likely at its next meeting.

Ringgit terus naik berbanding dolar AS

Lebih ramai pelabur mengalih minat daripada aset selamat berikutan kebimbangan mengenai prospek ekonomi global.

Powell testimony, Fed meeting highlight case for ‘insurance’

A confidence shock driven partly by the US trade war is at the centre of a heated argument for Federal Reserve policymakers seriously considering cutting rates for the first time in a decade.

Asian stocks set for mixed trading ahead of Powell

Stocks in Asia look set to trade mixed after US equities made little headway and investors await clues on policy from Federal Reserve Chair Jerome Powell.

Trump: Draghi should oversee Feds

Trump compares the Federal Reserves to a 'stubborn child'

Powell: US business debt a moderate economic risk

With corporate debts reaching historic highs relative to the size of the economy, public comment has run the gamut, Powell says.

Trump escalates fued with Fed by picking ally Moore for board

President Donald Trump on Friday said he’s nominating former campaign adviser Stephen Moore to be a governor of the Federal Reserve.