Results for Fed Chair Powell

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When Powell became Fed chair last year, his job seemed straightforward: continue with "normalizing" rates After engineering a humbling about-face in 2019, his mission is now altogether different: avoid the disinflationary disease haunting Japan and Europe

/3 Current Fed chair Powell said in a statement that Volcker “believed there was no higher calling than public service. His life exemplified the highest ideals—integrity, courage, and a commitment to do what was best for all Americans. His contributions...left a lasting legacy.”

If you ever wondered whether #Econ Twitter matters, the @WSJ  has this lovely little nugget about Fed Chair Jay Powell: “Some staffers have traced certain intellectual curiosities to economic debates he has been following on Twitter.”

If #Fed  Chair Jay Powell were to call @elerianm  for advice, here's what El-Erian would say

ABN Amro 1/2: The Fed is widely expected to keep policy rates on hold at the conclusion of the December#FOMC  meeting on Wednesday. The focus for markets will be on changes to the policy statement, the quarterly projections, and Chair Powell’s press conference.

Statement from Fed Chair Jay Powell on Paul Volcker. Worth remembering Volcker faced down the Reagan White House as they attempted to influence interest rate policy (eg precisely the same thing Trump is doing today). Tho Reagan was somewhat more subtle about it...

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Statement from Chair Powell on the death of Paul A. Volcker: Statement from Chair Powell on the death of Paul A. Volcker FED

Given the fact that Fed Chair Jay Powell has set a very high hurdle for hiking rates, one would anticipate that this would bolster asset prices across financial markets support risk taking in the real economy. An early holiday gift for investors.

Article Below: “Chair Powell and I have discussed this -- we both agree that in the near future, in the next five years, we see no need for the Fed to issue a digital currency,” Mnuchin said Thursday at a House Financial Services Committee hearing in Washington.

Fed Chair Powell and Treasury Secretary Mnuchin talk digital currencies again -


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BREAKING: Fed chair Powell in Jackson Hole speech: No 'rulebook' on trade, pledges the Fed will 'act as appropriate' to sustain the economy

The Great Charles Payne@cvpayne  correctly stated that Fed Chair Jay Powell made TWO enormous mistakes. 1. When he said “mid cycle adjustment.” 2. We’re data dependent. “He did not do the right thing.” I agree (to put it mildly!). @Varneyco 

in explaining rate cuts, Fed Chair Powell cites weak manufacturing and business investment data these are things Trump and Republican lawmakers said the 2017 tax-cut was going to jump-start

WH adviser Kudlow insists trade war mainly hurts China while companies shift production back to US as Trump is “rebuilding the American economy” actual economic data contradicts this claim Fed chair Powell cited weak manufacturing and investment levels in explaining rate cut

Powell strikes. The President is absolutely right about the FED Chair. Powell clearly doesn't know what he's doing & his remarks that sent the markets plunging, are absolutely inexcusable. @realDonaldTrump  #MAGA  #AmericaFirst  #Dobbs 

. reports that is privately threatening to fire chairman Jay Powell. To #Fedbe  clear: the only thing arguably more impeachable than firing the special counsel would be trying to fire the Fed chair. Likely: Market collapse; US humiliated; investors flee.

Mnuchin spent his Sunday in Cabo calling bank executives to try to stave off another market whiplash Monday over Trump’s reported inquiries about firing Fed Chair Powell, CNN reports

Big banks are required to take annual stress tests to make sure they aren’t at risk of crashing our economy again. Today, I asked Chair Powell why the Fed looked the other way when 3 banks failed the test:

Hearing financial experts and journalist cheering the notion Fed Chair Jay Powell will do the exact opposite President Trump wants. So, the Fed should derail the economy out of spite? Would be shocked if hadn't seen so many rooting for China in the trade war they started.

We need a Fed Chair who will stand up to Wall Street and fight for working families. We need someone who believes in tougher rules for big banks – not weaker ones. That person is not Jerome Powell.