Jerome Powell Archives - Financial Mirror

Dollar struggles to find demand in Fed aftermath

The US Dollar suffered large losses against its major rivals in the American session on Wednesday as investors reacted to the Federal Reserve’s policy decisions and Chairman Jerome Powell’s remarks on the

21st March 2024

Markets/World

Sterling bolstered by weak dollar, brighter Budget

The British pound broke above the 1.2700 barrier against the US dollar and traded around 1.2735 in Asian trading on Thursday, with the uptick bolstered by a weaker USD and encouraging news

7th March 2024

Markets/World

Sterling holds below 1.2700 ahead of Fed’s Powell testimony

The GBPUSD pair held below the 1.2700 mark during early Asian session on Wednesday, trading near 1.2695 and losing 0.08% on the day, with the downtick backed by the renewed US Dollar

6th March 2024

Markets/World

Equities fall as Fed pushes back on March cut

By Mark Haefele The Federal Open Market Committee (FOMC) voted unanimously to keep rates unchanged on Wednesday in a target range of 5.25% to 5.5%. The pause was widely expected and marked

1st February 2024

Markets/World

Will Fed hint at March cut or leave door slightly ajar?

By Craig Erlam It’s been a relatively slow start to trading on Wednesday which isn’t surprising considering what’s to come later in the day. On another day, earnings from Alphabet and Microsoft

31st January 2024

Markets/World

Fed sticks to less hawkish script, manufacturing PMIs weak

By Craig Erlam Markets saw some trepidation on Wednesday with the Federal Reserve keepings rates unchanged and ahead of the jobs report on Friday. The Fed’s FOMC meeting was quite straightforward, with

2nd November 2023

Markets/World

Treasury refunding could overshadow FOMC decision

By Han Tan, Chief Market Analyst at Exinity Group The FOMC is widely expected to leave its benchmark rates untouched on Wednesday, with Chairman Jerome Powell set to echo the “higher for

1st November 2023

Markets/World

Powell more hawkish over Israel, oil, inflation fears?

Federal Reserve Chair Jerome Powell is expected to be extra hawkish in his key policy speech on Thursday amid growing concerns over surging oil prices, driven by the Israel-Hamas war, which could

19th October 2023

Markets/World

Markets heed hawkish Fed

By Han Tan, Chief Market Analyst at Exinity Group Risk sentiment was forced to turn lower as the Federal Reserve delivered its higher-for-longer messaging to markets, projecting fewer-than-anticipated rate cuts for 2024.

21st September 2023

Markets/World

Fresh Fed signals may jolt markets

By Han Tan, Chief Market Analyst at Exinity Group The FOMC is widely forecasted to leave its benchmark rates unchanged on Wednesday. Federal Reserve Chair Jerome Powell is also expected to convey

20th September 2023

Markets/World