The pressure is on for Powell and the Federal Reserve to manage the exit from ultra-easy policies
Federal Reserve Chair Jerome Powell testifies during a U.S. House Oversight and Reform Select Subcommittee hearing on coronavirus crisis, on Capitol Hill in Washington, June 22, 2021. Graeme Jennings | Pool | Reuters For the Federal Reserve, implementing the easiest...
Markets Mixed as More Fed Comments Awaited, Sterling Softens
Overall markets continue to trade in a mixed manner for now. Yen and Dollar are currently the weakest for the weak while commodity currencies are the strongest. But all major pairs and crosses are stuck inside prior week’s range. The...
Fed Members Comment Ahead Of Powell’s Speech: Tapering Is Coming
It’s no secret that St. Louis Fed President James Bullard has been a leading the charge for the Fed to begin tapering it bond purchases. However, with markets on pins and needles ahead of tomorrow’s speech by Fed Chairman Powell...
Stock futures are flat ahead of Fed’s Jackson Hole symposium
Traders on the floor of the New York Stock Exchange. Source: NYSE Stock futures are flat in overnight trading Thursday ahead of the Federal Reserve’s annual Jackson Hole symposium with investors looking for more details into the central bank’s plans...