- Powell, as Fed Chair, made dovish remarks regarding potential rate cuts, impacting regional banks like Valley National Bancorp.
- Jerome Powell is the Chairman of the FED, and the central bank's actions influence mortgage rates.
Torsten Slok reports on internal disagreements within the FOMC, noting the influence of the FED leadership and its various stakeholders.
1 report, 1 independent
Updated Sep 3
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What happened
Torsten Slok reports on internal disagreements within the FOMC, noting the influence of the FED leadership and its various stakeholders.
Who's involved
What this event is mainly aboutKeep exploring
Part of
Jerome Powell is the Chairman of the FED, and the central bank's actions influence mortgage rates.Also in this story
- Criticism mounts against the FED as Powell remains chair; Lori Chavez-DeRemer blames the central bank for economic suffering and calls for rate cuts, while Goldman Sachs warns on AI stocks.
- Jim Baird commented on the impact of Federal Reserve policy cuts.
The entities involved
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FED
business
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Jerome Powell
president of the FED
- The FED leadership is under pressure from the administration, evidenced by the appointment of a new chair, amid ongoing criticism from Donald Trump and economic impacts from the Iran attacks.
- UBS upgraded Wynn Macau citing improved outlook, while Morgan Stanley projected strong GGR growth in the market.
Related events
- The FED operates through FOMC policy meetings, which influence U.S. fixed income markets, specifically U.S. Treasury market movements.
- The Federal Open Market Committee (FOMC) manages policy decisions for the FED, involving official Christopher Waller and dissent from policymakers based in Dallas.
- Barclays analysts commented on Federal Reserve policy decisions involving the FOMC.
- The article discusses the Federal Reserve, Jerome Powell's role as Chair, and market caution ahead of rate decisions, specifically mentioning Oxford Industries and Monster Beverage.
- BCA Research released a note reported by Reuters, discussing macro trends and referencing Jerome Powell's background with the FED.
Coverage
Newest first; wire copies grouped- FortuneTop economist Torsten Slok warns of an ‘inflation mountain’ in a potential repeat of the ’70s Torsten Slok has been turning heads on Wall Street with his charts for years, since he was at Deutsche Ba