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Ann Saphir

Fed's Powell vs. Trump: who's got a 'feel' for markets now?

4:01am IST

JACKSON HOLE, Wyo. Donald Trump once accused the Federal Reserve of not having a "feel" for the market and compared Federal Reserve Chair Jerome Powell to a golfer who can't putt, but on Friday it was the U.S. president that drove markets into the rough.

Fed's commitment to act upstaged by Trump's furor

3:56am IST

JACKSON HOLE, Wyo. Federal Reserve Chair Jerome Powell said the central bank would "act as appropriate" to keep the U.S. economy healthy in a deteriorating global economy, but stopped short of committing to rapid-fire rate cuts and drew fire from President Donald Trump. | Video

Fed's Powell vs. Trump: who's got a 'feel' for markets now?

3:37am IST

JACKSON HOLE, Wyo. Donald Trump once accused the Federal Reserve of not having a "feel" for the market and compared Federal Reserve Chair Jerome Powell to a golfer who can't putt, but on Friday it was the U.S. president that drove markets into the rough.

Policy rule could help shield Fed from Trump pressure: economist

23 Aug 2019

JACKSON HOLE, Wyo. The Federal Reserve ought to adopt a monetary policy rule to guide its interest-rate-setting decisions in part as a bulwark against a near daily barrage of presidential criticism, a widely respected economist told Fed Chair Jerome Powell and other central bankers on Friday.

Seeking clarity from Fed's Powell? Good luck with that

23 Aug 2019

JACKSON HOLE, Wyo. When Federal Reserve Chair Jerome Powell speaks in Jackson Hole, Wyoming, on Friday, traders will comb through his remarks for clues on whether the U.S. central bank will deliver more rate cuts this year.

Fed's Powell, under pressure, likely to stick to 'mid-cycle' message

23 Aug 2019

JACKSON HOLE, Wyo. Federal Reserve Chair Jerome Powell comes to this year's meeting of central bankers in Jackson Hole, Wyoming, caught between discord within the U.S. central bank over appropriate monetary policy and mounting outside pressure for more interest rate cuts. | Video

Fed's Evans signals support for reducing borrowing costs further

07 Aug 2019

CHICAGO The U.S. Federal Reserve has eased policy substantially since late last year, but sluggish inflation and concerns over the trade outlook could mean more interest rate cuts are needed, Chicago Fed President Charles Evans said on Wednesday.

Fed's Evans signals support for lowering borrowing costs further

07 Aug 2019

CHICAGO, Aug 7 The U.S. Federal Reserve has eased policy substantially since late last year, but more interest rate cuts may be needed to offset not just sluggish inflation but also headwinds to growth from trade-related uncertainty, Chicago Fed President Charles Evans said on Wednesday.

Bank lending standards for firms easing long-term, Fed survey shows

06 Aug 2019

U.S. banks left loan standards unchanged on commercial and industrial loans to large and mid-sized firms during the second quarter and eased standards on such loans to smaller firms, according to a survey of bank officers published on Monday.

Bank lending standards for firms easing long-term, Fed survey shows

06 Aug 2019

U.S. banks left loan standards unchanged on commercial and industrial loans to large and mid-sized firms during the second quarter and eased standards on such loans to smaller firms, according to a survey of bank officers published on Monday.

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