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9 matches for " mr powell":
The downshift in core PCE inflation this year has unnerved the Fed, along with the intensification of the trade war and slower global growth.
Was this an isolated occurrence, connected to the graft investigation into Chinese billionaire Xiao Jianhua, and his financial conglomerate?
So that happened.
The president was on the warpath with the Fed again yesterday, in an interview with the Wall Street Journal.
The Bank of Korea yesterday laid out its conditions for following July's rate cut with another.
At least some investors clearly were expecting Fed Chair Powell yesterday to offer a degree of resistance to the idea that a rate cut at the end o f this month is a done deal.
The spike in the May core CPI, and its likely echo in the core PCE, won't stop the Fed easing at the end of this month.
In light of Mr. Draghi's Sintra speech, we take this opportunity to give an update on the BoJ's stance, ahead of the meeting on Thursday.
The FOMC meeting today will be a non-event from a policy perspective but we are very curious to see what both the written statement and the Chair will have to say about the unexpected strength of the economy in the first quarter.
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