- 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
Related events
- The FED held an FOMC meeting to set rates, signaling effects on chip stocks and ETF performance, while Trump nominated a successor for Powell.
- Trump pressured the Federal Reserve regarding interest rates while the FOMC structure was noted.
- BNP Paribas chief economist provided commentary regarding current Federal Reserve policy.
- The FED operates through FOMC policy meetings, which influence U.S. fixed income markets, specifically U.S. Treasury market movements.
- The FOMC made decisions regarding the federal funds rate while the Fed Chairman spoke at the Jackson Hole symposium.
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