Articles for Mr Powell

The Federal Reserve takes on Trump—and stubborn inflation
1 week ago

The Federal Reserve takes on Trump—and stubborn inflation

Live Mint  

A lot is riding on the numbers after the decimal point. In such a scenario, Mr Trump would presumably be satisfied enough with the central bank that he would feel little compulsion to snipe at Jerome Powell, the Fed’s chairman, or, worse, to start a legal battle by trying to oust Mr Powell before his term expires in May 2026. …

Inflation Trump House Fed Rate Mr Trump Mr Powell
Keir Starmer faces backlash after appointing architect of Chagos handover to top security position
1 month, 2 weeks ago

Keir Starmer faces backlash after appointing architect of Chagos handover to top security position

Daily Mail  

Sir Keir Starmer faced backlash last night after appointing the architect of Britain's handover of the Chagos Islands as national security adviser. The 68-year-old former diplomat is 'uniquely qualified' to become the Government's most senior security adviser, the Prime Minister said – a prestigious role that comes with a salary of more than £190,000. Sir Keir Starmer faces a backlash …

Government Security National Security Labour National Donald Trump Chagos
Starmer’s new national security adviser wants ‘relaxed attitude’ to terrorists in bid to end conflict
1 month, 2 weeks ago

Starmer’s new national security adviser wants ‘relaxed attitude’ to terrorists in bid to end conflict

The Independent  

Sign up for the View from Westminster email for expert analysis straight to your inbox Get our free View from Westminster email Get our free View from Westminster email SIGN UP I would like to be emailed about offers, events and updates from The Independent. Read our privacy policy Sir Keir Starmer’s new national security adviser wrote an article a …

Prime Minister Role Keir Sir Keir Westminster Email View Powell
Fed slashes rates just weeks before US election
3 months ago

Fed slashes rates just weeks before US election

The Telegraph  

The former president told reporters: “To cut it by that much, assuming they’re not just playing politics, the economy would be very bad.” The timing of the rate cut, less than two months before the election, is seen as beneficial to Kamala Harris, who is fighting an incumbent campaign. Our nation’s central bank has no business moving rates this close …

Trump Election Interest Rates Fed Cut Rates Mr Trump
US Fed paves the way for pre-election rate cut
4 months, 3 weeks ago

US Fed paves the way for pre-election rate cut

The Telegraph  

The chairman of the US Federal Reserve has paved the way for a pre-election rate cut in a sign that the era of high borrowing costs around the world is coming to an end. Speaking after the Fed held borrowing costs in a range of between 5.25pc and 5.5pc for the eighth time, Mr Powell said: “The broad sense of …

Market Inflation Bank Interest Rates Fed Rates Rate Cuts
Best anglers in the business go looking for monster barramundi in Rockhampton CBD
6 months, 3 weeks ago

Best anglers in the business go looking for monster barramundi in Rockhampton CBD

ABC  

In short: Some of the biggest barramundi of the Queensland season are being reeled in right in the heart of a regional city. The not-so-secret fishing spot in the Fitzroy River, in central Queensland, is seeing monster barramundi measuring more than 130cm caught — just a stone's throw from the city's iconic pub, the Rockhampton Criterion Hotel. Mr Powell, who …

Fish River Supplied Queensland Powell Rockhampton Barra
An LA ‘serial killer’ targeting the homeless is in court. It’s not the first time they have been attacked
1 year ago

An LA ‘serial killer’ targeting the homeless is in court. It’s not the first time they have been attacked

The Independent  

The latest headlines from our reporters across the US sent straight to your inbox each weekday Your briefing on the latest headlines from across the US Please enter a valid email address Please enter a valid email address SIGN UP I would like to be emailed about offers, events and updates from The Independent. According to Theo Henderson, an activist …

Court Man Homeless Case San Francisco New York Washington
Inside the hunt for a serial killer who murdered homeless men as they slept
1 year ago

Inside the hunt for a serial killer who murdered homeless men as they slept

The Independent  

The latest headlines from our reporters across the US sent straight to your inbox each weekday Your briefing on the latest headlines from across the US Please enter a valid email address Please enter a valid email address SIGN UP I would like to be emailed about offers, events and updates from The Independent. By Saturday, investigators connected him to …

Men Homeless Los Angeles Los Angeles County Vehicle
Fed chief warns still ‘long way to go’ on inflation fight
1 year, 1 month ago

Fed chief warns still ‘long way to go’ on inflation fight

The Telegraph  

The US still has a “long way to go” in the battle to get inflation back to 2pc, Federal Reserve chairman Jay Powell has warned. The central bank chief left the door open for future interest rate rises even as the Fed voted to hold borrowing costs unchanged for the second meeting in a row. The process of getting inflation …

Inflation Central Bank High Fed Powell Borrowing Costs Mr Powell
Fed leaves rates unchanged but hints at future hike
1 year, 3 months ago

Fed leaves rates unchanged but hints at future hike

The Telegraph  

The Federal Reserve has refrained from raising interest rates further from a 22-year-high, as it nears the end of its most aggressive inflation fight in decades. The decision will keep its benchmark rate at a target range of 5.25pc to 5.50pc, but Chair Jerome Powell warned it was too early to say the battle against inflation was won. He told …

Inflation Fed Rate Powell Mr Powell
Fed raises interest rates to highest level in 22 years
1 year, 4 months ago

Fed raises interest rates to highest level in 22 years

The Telegraph  

Mr Powell said Fed forecasts no longer showed the world’s biggest economy slipping into recession this year, adding that this implied there will be no interest rate cuts in 2023. He said: “My base case is that we will be able to achieve inflation moving back down to target without a really significant downturn that usually results in high levels …

Fed Interest Rate Mr Powell
Chris Mullin diaries reveal No 10 aide called George Bush team ‘f***ing lunatics’
1 year, 7 months ago

Chris Mullin diaries reveal No 10 aide called George Bush team ‘f***ing lunatics’

The Independent  

Sign up for the View from Westminster email for expert analysis straight to your inbox Get our free View from Westminster email Get our free View from Westminster email SIGN UP I would like to be emailed about offers, events and updates from The Independent. Read our privacy policy Tony Blair’s most senior No 10 aide warned that George Bush …

Independent Labour Iraq Khan Chris Bush Westminster Email
Federal Reserve raises rates despite banking crisis
1 year, 9 months ago

Federal Reserve raises rates despite banking crisis

The Telegraph  

Mr Powell’s comments will pile more pressure on the Bank of England to raise rates again on Thursday, following a shock rise in inflation. Mr Powell sought to reassure, telling journalists last night: “The banking system is strong, it is sound, it is resilient.” He said Silicon Valley Bank was an “outlier” run by executives who he claimed had “failed …

Inflation Bank Price Rate Mr Powell
Fox News stars rejected election conspiracy theories while network pushed them
1 year, 9 months ago

Fox News stars rejected election conspiracy theories while network pushed them

The Independent  

Sign up for the daily Inside Washington email for exclusive US coverage and analysis sent to your inbox Get our free Inside Washington email Get our free Inside Washington email SIGN UP I would like to be emailed about offers, events and updates from The Independent. Fearing ongoing viewer backlash after the network predicted Joe Biden would win the state …

Trump Conspiracy Election False Claims White House Network Executives
US Fed signals more rate rises to come as Powell says: ‘The job is not done’
1 year, 10 months ago

US Fed signals more rate rises to come as Powell says: ‘The job is not done’

The Telegraph  

The US economy still faces more punishing rate rises even as inflation slows rapidly, the head of the Federal Reserve has warned. Chairman Jerome Powell said the bank had “more work to do” to bring inflation back to its 2pc target despite signs that price rises are slowing. Mr Powell told reporters that “a couple more rate hikes” were “probably …

Bank Fed Rate Powell Mr Powell Inflation Despite
Five police officers fired after misconduct probe revealed sex while on duty
1 year, 11 months ago

Five police officers fired after misconduct probe revealed sex while on duty

The Independent  

The latest headlines from our reporters across the US sent straight to your inbox each weekday Your briefing on the latest headlines from across the US Your briefing on the latest headlines from across the US SIGN UP I would like to be emailed about offers, events and updates from The Independent. The terminated officers include LaVergne Police Department patrol …

Sex Department Officer Officers Hall Sexual Powell
Blair’s rush to make friends with Bush revealed in newly released files
1 year, 11 months ago

Blair’s rush to make friends with Bush revealed in newly released files

The Independent  

For free real time breaking news alerts sent straight to your inbox sign up to our breaking news emails Sign up to our free breaking news emails Please enter a valid email address Please enter a valid email address SIGN UP I would like to be emailed about offers, events and updates from The Independent. The former prime minister was …

Clinton Bush Blair Powell Mr Powell Mr Bush Mr Blair
Fed lifts rates to post-crisis high as Powell warns of more pain to come
2 years, 3 months ago

Fed lifts rates to post-crisis high as Powell warns of more pain to come

The Telegraph  

The Federal Reserve lifted interest rates to a post-financial crisis high on Wednesday night as chairman Jerome Powell warned the overpriced US housing market is heading for a painful correction. Mr Powell said central banks have some “way to go” in their fight against inflation and indicated that interest rates have only just reached levels in the US where they …

Policy Inflation Bank Interest Rates Fed Rates Powell
Fed piles pressure on Bank of England with drastic new rate rise
2 years, 4 months ago

Fed piles pressure on Bank of England with drastic new rate rise

The Telegraph  

The Federal Reserve has raised interest rates by 0.75 percentage points for a second straight month in the most aggressive tightening since the 1980s, piling pressure on the Bank of England to stamp down harder on surging prices. Stock markets in the US rocketed after Mr Powell signalled that the pace of rate increases will begin to slow as the …

Inflation Bank Interest Rates Fed Rate Meeting Rise
ASX rally fizzles out as US Federal Reserve hikes key interest rate, and Australian dollar surges above 70 US cents
2 years, 6 months ago

ASX rally fizzles out as US Federal Reserve hikes key interest rate, and Australian dollar surges above 70 US cents

ABC  

The Australian share market has closed lower for the fifth day in a row, despite an early relief rally, after the US Federal Reserve raised official interest rates by three-quarters of a percentage point as expected overnight. Key points: The US central bank raised official interest rates by 0.75pc to a new 1.5 to 1.75pc target range The Dow Jones …

Inflation Bank Interest Rates Interest Central Federal Cent
Federal Reserve hikes official interest rates by 0.5 per cent, ASX rises, Dow Jones jumps 900 points
2 years, 7 months ago

Federal Reserve hikes official interest rates by 0.5 per cent, ASX rises, Dow Jones jumps 900 points

ABC  

The US central bank has increased official US interest rates by an expected 0.5 per cent to curb the biggest price rises seen in 40 years. Key points: The Dow Jones index jumped 2.8pc to 34,061, the S&P 500 index rose nearly 3pc to 4,300, and the Nasdaq rose 3.2pc to 12,965 The All Ordinaries index rose 1pc to 7,639 …

Interest Rates Index Central Billion Cent Qantas Fed
Irish officials lobbied Labour over Northern Ireland policy ahead of Blair’s win
2 years, 11 months ago

Irish officials lobbied Labour over Northern Ireland policy ahead of Blair’s win

The Independent  

Get the free Morning Headlines email for news from our reporters across the world Sign up to our free Morning Headlines email Sign up to our free Morning Headlines email SIGN UP I would like to be emailed about offers, events and updates from The Independent. In a record of a meeting between Irish diplomat Philip McDonagh and Mr Powell …

Northern Ireland Northern Labour Party Ireland Irish Dublin Blair
ASX declines as COVID-19 Omicron variant spreads and Federal Reserve boss says stimulus could be wound back faster
3 years ago

ASX declines as COVID-19 Omicron variant spreads and Federal Reserve boss says stimulus could be wound back faster

ABC  

The Australian share market finished off its lows as the economy contracted by less than expected over the September quarter and despite worries about the spread of the Omicron variant of the coronavirus. Key points: The Dow Jones index fell 1.9pc to 34,484, the S&P 500 fell 1.9pc to 4,567, and the Nasdaq Composite fell 1.6pc to 15,538 The FTSE …

China Index Covid Federal Cent Australian Powell
Trump attacks Colin Powell and enviously complains about ‘beautiful’ media coverage of his death
3 years, 2 months ago

Trump attacks Colin Powell and enviously complains about ‘beautiful’ media coverage of his death

The Independent  

Sign up for the daily Inside Washington email for exclusive US coverage and analysis sent to your inbox Get our free Inside Washington email Get our free Inside Washington email SIGN UP I would like to be emailed about offers, events and updates from The Independent. Read our privacy policy Former President Donald Trump on Tuesday attacked former Secretary of …

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