Person: Jerome Powell

A COMPREHENSIVE SERIES OF ARTICLES ON THIS TOPIC

Jerome Powell’s remarks echoed the caution he expressed during a news conference last week (Jacquelyn Martin/AP)

world

Jerome Powell signals US Federal Reserve to move slowly on interest rate cuts

US Federal Reserve chairman Jerome Powell has signalled a cautious approach to future interest rate cuts, in sharp contrast with other Fed officials who have called for a more urgent approach.

Federal Reserve Chairman Jerome Powell listens as President Donald Trump (Julia Demaree Nikhinson/AP)

world

Donald Trump and Jerome Powell disagree over cost of Fed building renovations

<p>Federal Reserve chairman Jerome Powell is unpopular with Donald Trump (Mark Schiefelbein/AP)</p>

world

Donald Trump says firing of Fed Reserve chief ‘highly unlikely’

Key Speakers At Danmark Nationalbank Conference

economy

ECB's chief economist warns inflation battle has not been won

economy

Focus turns to interest rates after worrying signs from labour market

economy

European stocks rise as bets strengthen on US rate cut

Fed holds rates steady, flagging 'lack of progress' on inflation

Fed chairman Jerome Powell said 'inflation is still too high' adding that 'further progress in bringing it down is not assured'

Wed, 01 May, 2024

David McNamara: US fiscal credibility facing scrutiny as election season begins

The tax and spending plans of incumbent Joe Biden and his rival Donald Trump will come into focus in the coming months

Mon, 12 Feb, 2024

ECB and US 'higher for longer' rates mantra will test markets

Jerome Powell said the Fed would raise rates further if appropriate, while Christine Lagarde held back from saying IF the ECB should lift interest rates for a 10th time

Sun, 27 Aug, 2023

US rate hike sets scene for ECB meeting at lunchtime tomorrow

Bank of Ireland hiked its fixed-rate mortgage loans ahead of ECB meeting

Wed, 26 Jul, 2023

Stocks Rally, Yields Sink on Powell's Reassurance

Oliver Mangan: Markets predict 'soft landing' for US economy

US stock market indices have risen, core inflation rates have dropped and unemployment is at a 50-year low

Mon, 17 Jul, 2023

First Republic and Credit Suisse shares fall, marking escalation in global bank crisis

In the US, First Republic Bank shares fell 23% despite a $30bn injection. In Europe, Credit Suisse has also lost the market's confidence despite an emergency loan of up to $54bn

Fri, 17 Mar, 2023

Rate hikes back on agenda as banking turmoil eases

A rally in global bank shares and, significantly, for eurozone government bond yields, may signal that hefty official hikes in interest rates are back on the cards.

Tue, 14 Mar, 2023

Joseph E. Stiglitz: Another predictable bank failure

The bank’s collapse proves systemic failings of US regulatory and monetary policy, writes Joseph E Stiglitz

Tue, 14 Mar, 2023

Oliver Mangan: The view now is that rates will have to remain high over the medium term

Expectations for policy easing during 2023 have largely evaporated everywhere, with eurozone rates expected to be about 2.75% in three years’ time

Mon, 26 Sep, 2022

US and Britain expected to drive further hikes in interest rates this week

All eyes are focused squarely on the US Fed decision and chairman Jerome Powell’s press conference, where some investors have even bet on a mammoth 100 basis-point interest rate hike.

Sun, 18 Sep, 2022

Eurozone inflation to show fresh record high level this week

European Central Bank is expected to chart its policy course at a March 10 meeting

Sun, 27 Feb, 2022

Global stocks rebound despite Fed's hint that it will raise rates to tamp down inflation

Fed chairman Jerome Powell says: 'If we have to raise interest rates more over time, we will'

Tue, 11 Jan, 2022

Merkel Meets With International Economic Institutions Leaders

Keep interest rates low despite energy price hikes, IMF urges

Kristalina Georgieva's comments chime with those of the ECB's Christine Lagarde amid the upbeat mood in the eurozone

Mon, 06 Dec, 2021

US shares reach for record highs as investors take comfort in stimulus

The S&P 500 and Nasdaq 100 rose during the Federal Reserve chairman, Jerome Powell’s, much-anticipated address

Fri, 27 Aug, 2021

Yellen backs Powell for second term as Federal Reserve chair

US Treasury Secretary's endorsement is thought to have given a powerful boost to Jerome Powell

Mon, 23 Aug, 2021

Oliver Mangan: Inflation will ultimately decide the timing of the Fed's interest rate hike

There were no major revisions made to the US Federal Reserve’s economic forecasts at its monetary policy meeting last week.

Mon, 21 Jun, 2021

Oliver Mangan: As stock markets soar, others are less convinced about the Covid-19 rebound

Stock markets continue to be underpinned by the run of good data from economies emerging from the great lockdown imposed to contain the spread of Covid-19.

Mon, 06 Jul, 2020

Gold more than worth its weight as Covid boosts prices

Gold steadied near $1,800 an ounce -- a level last seen at the end of 2011 -- as investors weighed the accelerating coronavirus spread in the US against tentative signs of economic improvement in some regions.

Mon, 29 Jun, 2020

Wall Street tumbles as China trade tensions add to Covid-19 American jobless woes

Wall Street’s main indexes were lower in choppy trading and European indices tumbled, as renewed worries about China-US trade relations added to fears of an extended economic downturn due to the virus outbreak.

Thu, 14 May, 2020

Covid-19 recession clouds gather across Europe

France, the rest of the eurozone, and the UK will join the Irish economy in slumping into recession this year, while the US is already shedding millions of jobs amid the Covid-19 storm, economists have warned.

Thu, 26 Mar, 2020

Market rally slows on Brexit warning

Growth in UK-exposed Irish stocks slowed yesterday and sterling was unmoved against the euro, after two days of rises, amid warnings that the chance of a no-deal Brexit occurring at the end of next month remains significant.

Sat, 07 Sep, 2019

Oil and stocks fall as trade row heats up

Global markets and oil prices fell after US President Donald Trump ordered American companies to exit China after Beijing unveiled retaliatory tariffs on $75bn (€67bn) in US goods, throwing a new twist into the bitter trade war between the world’s two largest economies.

Sat, 24 Aug, 2019

Debate rages over whether the global economy is heading for recession

Global economic concerns have been very much to the forefront of the market discourse over the past number of weeks.

Mon, 19 Aug, 2019

Trade tensions could force Fed to cut deeper

The meeting last week of the US Federal Reserve saw the central bank cut interest rates for the first time since 2008, writes John Fahey.

Mon, 05 Aug, 2019

Irish firms crave strong dollar and firm pound

The growing risk of ano-deal Brexit following the appointment of Boris Johnson as prime minister is reflected in sterling.

Sun, 04 Aug, 2019

Stock markets turn lower as timing of global interest rate cuts put in doubt

European stock markets turned lower as healthy US jobs report tempered expectations that the Federal Reserve would be in as much as a hurry as once thought to cut interest rates.

Fri, 05 Jul, 2019

US growth continuing but showing signs of fizzling out

US economic growth has accelerated in the first quarter, but the export and inventory boost to activity masked weakness in domestic demand, some of which appears to have prevailed in the current period.

Fri, 28 Jun, 2019

US shares surge as rate cut talk pierces gloom

US stocks rose yesterday , led by a rebound in the technology sector, as Federal Reserve chair Jerome Powell said the central bank would act as appropriate”to trade war risks, leaving the door open for a possible rate cut.

Wed, 05 Jun, 2019

Markets price in rate cuts in US

The Federal Reserve open market committee last week as expected left US interest rates unchanged but indicated it does not envisage hiking US interest rates this year.

Tue, 26 Mar, 2019

Trump talks up China deal and EU motor sector tariffs

US President Donald Trump has said trade negotiations with China are progressing and a final agreement “will probably happen”, adding that his call for tariffs to remain on Chinese imported goods for some time did not mean talks were in trouble.

Sat, 23 Mar, 2019

After 2018, don’t be fooled by quiet start for stock markets

Last year turned out to be an uncertain, volatile and generally difficult one for equity market investors, writes Jim Power.

Fri, 11 Jan, 2019

Shares in Glenveagh soar 8% as housebuilder buys another site in Cork

Irish shares tapped a surprise early new year buying wave that sent the Iseq Overall index climbing 3%, reflecting huge gains for Bank of Ireland and housebuilder Glenveagh at the end of a week marked by global stock market tremors.

Fri, 04 Jan, 2019

Fed plots rate hikes that may disappoint many in market

The US Federal Reserve raised interest rates last night and said it was keeping the core of its plan to tighten monetary policy intact even as central bank officials said they would likely slow the pace of further rate increases next year.

Thu, 20 Dec, 2018

Donald Trump blames ‘out of control’ US Fed for stock market sell-off

President Donald Trump said he won’t fire US Federal Reserve chairman Jerome Powell but blamed an “out of control” US central bank for the worst stock market sell-off since February.

Fri, 12 Oct, 2018

Tit-for-tat trade wars to keep pressure on markets

It may be starting to sound like a broken record for emerging markets, with the twists and turns of US-China trade tensions likely to dominate investor concerns this week.

Tue, 17 Jul, 2018

US stocks dive after Trump promises tariffs on steel

US stocks dived in another dizzying day of trading after President Donald Trump promised stiff tariffs on imported steel and aluminium.

Fri, 02 Mar, 2018

Shares end higher after roller-coaster

European shares rose, lifted by strong results and German economic data, while US trading was dominated by volatility caused by the latest US inflation numbers.

Thu, 15 Feb, 2018

Jitters rise over global stock markets

Fears for some sort of sharp correction in global stock markets are growing this week, says the former chief of an Irish stockbroking firm, as jitters about sky-high valuations of American stocks continue.

Mon, 05 Feb, 2018

Fed raises interest rates but outlook unchanged

The US Federal Reserve has raised interest rates by a quarter of a percentage point but left its rate outlook for the coming years unchanged even as policymakers projected a short-term acceleration in US economic growth.

Thu, 14 Dec, 2017

Dow Jones hits record high as it passes 24,000 mark

Wall Street has finished November with a broad rally that gave the Dow Jones industrial average its biggest gain since March and pushed it past the 24,000 mark for the first time.

Thu, 30 Nov, 2017

Bank of Ireland's new Dublin headquarters

US has much to ponder over next few rate hike decisions

The November meeting of the US Federal Reserve, back at the start of the month, saw the Central Bank maintain the target range for the fed funds rate at 1%-1.25%. The decision to leave rates unchanged was unanimous.

Mon, 13 Nov, 2017

Fed decisions have power to affect us all

His nomination as the next head of the US Federal Reserve means Jerome Powell is set to become one the world’s most powerful and influential individuals, writes Kyran Fitzgerald

Mon, 06 Nov, 2017