POWELL News

Apr 29 · 19:15

FED CHAIR POWELL: WE HAVE A NEVER-ENDING AND UNSHAKEABLE COMMITMENT TO RETURNING INFLATION TO 2%, ADDING THAT THE ECONOMY IS QUITE RESILIENT, GROWTH IS SOLID, A

HIGHFSRETAILPOWELLGROWTHINFLATION

Apr 29 · 19:15

FED CHAIR POWELL: WE WILL STAY THE COURSE UNTIL INFLATION RETURNS TO TARGET, ACKNOWLEDGING THAT EVENTS KEEP EMERGING THAT PUSH COSTS HIGHER AND THAT REACHING 2%

HIGHFSPOWELLINFLATION

Apr 29 · 19:14

POWELL: THERE ARE FUNCTIONS PERFORMED ACROSS ALL 12 FED BANKS THAT COULD BE CONSOLIDATED INTO ONE, AND DEBATE OVER THAT IS ONGOING; HE AGREES WITH WALLER THAT F

HIGHFSPOWELLBANKPOLICYWALL

Apr 29 · 19:13

FED CHAIR POWELL: THERE ARE WIDESPREAD CONCERNS THAT THESE ATTACKS WILL CONTINUE — AND THAT WOULD POSE A PROBLEM — REITERATING THE FED'S COMMITMENT TO BEING GOO

HIGHFSPOWELLWALL

Apr 29 · 19:13

JUST IN: 🇺🇸 Jerome Powell says the Federal Reserve's independence is "at risk."

HIGHWatcher GuruUSDPOWELLRESERVE

Apr 29 · 19:10

FED CHAIR POWELL: WE ARE BEING FORCED TO TURN TO THE COURTS TO PROTECT OUR ABILITY TO CONDUCT MONETARY POLICY FREE OF POLITICAL INFLUENCE, AND NONE OF THAT IS O

HIGHFSPOWELLPOLICY

Apr 29 · 19:09

POWELL: THE LAW PROVIDES THE FRAMEWORK FOR POLITICAL INDEPENDENCE IN MONETARY POLICY DECISIONS, AND WE DECLINE TO USE OUR TOOLS TO PURSUE GOALS BEYOND OUR MANDA

HIGHFSPOWELLPOLICY

Apr 29 · 19:09

FED CHAIR POWELL: FED INDEPENDENCE IS ENSHRINED IN LAW — WE HAVE EVEN HAD TO GO TO COURT TO DEFEND IT — BUT IT EXTENDS BEYOND THE LAW AS WELL, REQUIRING THAT TH

HIGHFSPOWELL

Apr 29 · 19:08

POWELL: FED INDEPENDENCE IS AT RISK

HIGHWBPOWELL

Apr 29 · 19:07

FED CHAIR POWELL: GASOLINE PRICES WILL HINGE ON HOW LONG THE STRAIT REMAINS CLOSED, RAISING THE QUESTION OF WHETHER CONSUMER SPENDING WILL PULL BACK ENOUGH TO O

HIGHFSRETAILPOWELLSTRAITINFLATION

Apr 29 · 19:06

FED CHAIR POWELL: IT WOULD BE SURPRISING IF EVERYONE AGREED — THE RANGE OF VIEWS IS PARTLY A REFLECTION OF THE SHOCKS THE ECONOMY HAS WEATHERED OVER THE PAST FI

HIGHFSPOWELL

Apr 29 · 19:05

FED CHAIR POWELL: EVERY SUPPLY SHOCK CARRIES THE POTENTIAL TO LIFT BOTH INFLATION AND UNEMPLOYMENT, REQUIRING A BALANCED PURSUIT OF OUR GOALS THROUGH WHAT ARE I

HIGHFSPOWELLINFLATION

Apr 29 · 19:03

THE NASDAQ HAS RECOVERED FROM ITS DECLINE TO HOVER NEAR FLAT DURING THE FED'S PRESS CONFERENCE, WHILE THE S&P 500 SITS 0.14% LOWER AS POWELL ADDRESSES REPORTERS

HIGHFSSP500NDXPOWELL

Apr 29 · 19:03

FED CHAIR POWELL: THE IMPACT OF OIL ON THE US IS SMALLER THAN ON EUROPE AND ASIA, BUT IF THE CURRENT SITUATION DRAGS ON, THE EFFECT WILL BECOME FAR MORE PRONOUN

HIGHFSEUROPEPOWELL

Apr 29 · 19:02

POWELL: NO ONE IS CURRENTLY CALLING FOR A HIKE — THE PATH AHEAD WILL DEPEND ON HOW CONDITIONS UNFOLD — ADDING THAT THE QUESTION OF ALTERING FORWARD GUIDANCE WAS

HIGHFSPOWELL

Apr 29 · 19:01

FED CHAIR POWELL: WE BELIEVE THE POLICY RATE IS IN A GOOD PLACE — WELL POSITIONED TO MOVE IN EITHER DIRECTION; IF A HIKE BECOMES NECESSARY, WE WILL SIGNAL AND D

HIGHFSPOWELLPOLICY

Apr 29 · 19:02

POWELL: OIL EFFECTS ON U.S. LESS THAN ON EUROPE, ASIA POWELL: IF THIS GOES ON FOR MUCH LONGER WILL FEEL IT MUCH MORE

HIGHWBEUROPEPOWELL

Apr 29 · 19:00

POWELL: IF WE NEED TO HIKE WE WILL SIGNAL AND DO

HIGHWBPOWELL

Apr 29 · 19:01

FED CHAIR POWELL: WE REMAIN THE ONLY MAJOR CENTRAL BANK THAT DOES NOT PUBLISH A FORECAST, ADDING THAT OUR COMMUNICATIONS ARE FINE — THOUGH IT IS ENTIRELY NATURA

HIGHFSPOWELLBANK

Apr 29 · 19:00

POWELL: THE COMMITTEE DOES HOLD LIVELY AND DIVERGENT VIEWS, ADDING THAT MAJOR CHANGES TO THE DOT PLOT OR THE SUMMARY OF ECONOMIC PROJECTIONS LACKED BROAD SUPPOR

HIGHFSFOMCPOWELLWORLD

Apr 29 · 18:59

FED CHAIR POWELL: WE WON'T KNOW UNTIL WE KNOW, NOTING THAT WHEN THE FED HELD ONLY QUARTERLY PRESS CONFERENCES, POLICY MOVES OCCURRED EXCLUSIVELY AT THOSE MEETIN

HIGHFSPOWELLPOLICY

Apr 29 · 18:59

FED CHAIR POWELL: WE ARE NOW AT THE HIGH END OF NEUTRAL — SLIGHTLY RESTRICTIVE — WHICH IS PRECISELY THE RIGHT PLACE TO BE, ALLOWING US TO WAIT AND OBSERVE HOW T

HIGHFSPOWELLKING

Apr 29 · 18:57

POWELL: THE PROSPECT OF A FURTHER RISE IN CORE INFLATION IS REAL — WE WILL NEED TO WAIT AND SEE — WITH THE CURRENT POLICY STANCE WELL POSITIONED TO DO JUST THAT

HIGHFSCPIPOWELLPOLICYINFLATION

Apr 29 · 18:57

FED CHAIR POWELL: THE CHAIR HOLDS JUST ONE VOTE ALONGSIDE THE ABILITY TO BUILD CONSENSUS, ADDING THAT HE INTENDS TO BE A CONSTRUCTIVE PARTICIPANT IN THAT PROCES

HIGHFSPOWELL

Apr 29 · 18:55

POWELL: I WOULD NEVER BE A SHADOW CHAIR POWELL: I WILL BE A GOVERNOR POWELL: I RESPECT THE ROLE OF CHAIR

HIGHWBPOWELL

Apr 29 · 18:54

FED CHAIR POWELL: CONCERN OVER MONETARY POLICY CREDIBILITY IS NOT WHAT'S DRIVING MY DECISION TO REMAIN IN ROLE, ADDING THAT WARSH POSSESSES THE SKILLS TO PERFOR

HIGHFSPOWELLPOLICY

Apr 29 · 18:53

FED CHAIR POWELL: WE DO NOT WANT TO CONFUSE MARKETS REGARDING OUR REACTION FUNCTION, ADDING THAT IT'S A WORTHWHILE DEBATE TO BE HAVING — WITH A SOUND ARGUMENT O

HIGHFSPOWELL

Apr 29 · 18:52

POWELL: HE IS WAITING FOR THE DOJ INVESTIGATION TO BE FULLY CONCLUDED AND WILL DEPART WHEN HE DEEMS THE TIMING APPROPRIATE.

HIGHFSPOWELL

Apr 29 · 18:52

FED CHAIR POWELL: EXPECTS A NORMAL, STANDARD TRANSITION OF CHAIR, AND DOES NOT BELIEVE THE GLOBAL PANDEMIC-ERA INFLATION HAD ANYTHING TO DO WITH AN OVERWEIGHTIN

HIGHFSPOWELLINFLATION

Apr 29 · 18:52

POWELL: PEOPLE NOT SAYING WE NEED TO HIKE NOW

HIGHWBPOWELL

Apr 29 · 18:49

FED CHAIR POWELL: I HAVE NOT SEEN WARSH SINCE A DINNER IN JANUARY, ADDING THAT HE EXPECTS A NORMAL, STANDARD TRANSITION OF CHAIRMANSHIP.

HIGHFSPOWELL

Apr 29 · 18:47

FED CHAIR POWELL: A SHIFT AWAY FROM THE EASING BIAS COULD CONCEIVABLY COME AS EARLY AS THE NEXT MEETING, ADDING THAT EVERY INCOMING CHAIR REVIEWS FED COMMUNICAT

HIGHFSPOWELL

Apr 29 · 18:46

FED CHAIR POWELL: NEW LEADERSHIP IS LIKELY TO BE IN PLACE BY JUNE, AND IT REMAINS UNCERTAIN WHETHER THE EASING BIAS WILL BE RETAINED IN THE STATEMENT AT THAT PO

HIGHFSPOWELL

Apr 29 · 18:45

POWELL: WHAT HAPPENS IN NEXT 30-60 DAYS COULD CHANGE THINGS

HIGHWBPOWELL

Apr 29 · 18:44

- POWELL: NUMBER SEEING HIKE AS LIKELY AS A CUT HAS MOVED UP

HIGHWBPOWELL

Apr 29 · 18:33

LIVE: Powell addresses markets after two-day Fed meeting | Final press conference before term ends!

HIGHEt OnlineUSDPOWELL

Apr 29 · 18:43

*POWELL: WE EXPECT TARIFF INFLATION TO RECEDE NEXT TWO QUARTERS

HIGHWBTARIFFPOWELLINFLATION

Apr 29 · 18:43

POWELL: ENERGY SURGE HASN'T EVEN PEAKED YET

HIGHWBPOWELLENERGY

Apr 29 · 18:35

Powell says he’ll stay at Fed as governor after his term as chair ends — live

HIGHCurrentsPOWELL

Apr 29 · 18:46

FED CHAIR POWELL: THERE IS NO RUSH TO MAKE A DECISION ON LANGUAGE AT THIS POINT, AS DEVELOPMENTS OVER THE NEXT 30 TO 60 DAYS COULD ALTER THE PICTURE — ADDING TH

HIGHFSPOWELLTODAYMARCH

Apr 29 · 18:45

FED CHAIR POWELL: IT IS EASY TO SEE WHY — GIVEN THE SHEER LEVEL OF UNCERTAINTY — THOUGH THE MAJORITY OF THE COMMITTEE OPTED AGAINST ALTERING THE LANGUAGE, AND I

HIGHFSPOWELL

Apr 29 · 18:45

FED CHAIR POWELL: THE COMMITTEE HELD A VIGOROUS DEBATE TODAY OVER FORWARD GUIDANCE, NOTING THAT THE NUMBER OF OFFICIALS WHO VIEW A RATE HIKE AS EQUALLY LIKELY A

HIGHFSPOWELLTODAY

Apr 29 · 18:44

FED CHAIR POWELL: WE WILL WANT TO SEE THE BACKSIDE OF BOTH THE ENERGY AND TARIFF SHOCKS BEFORE EVEN CONSIDERING RATE CUTS, ADDING THAT THE ENERGY SURGE HAS NOT

HIGHFSTARIFFPOWELLENERGY

Apr 29 · 18:42

FED CHAIR POWELL: MY AIM IS NOT TO INTERFERE, ACKNOWLEDGING THAT REACHING CONSENSUS AMONG 19 STRONG-MINDED INDIVIDUALS IS DIFFICULT, AND PLEDGING TO WORK ALONGS

HIGHFSPOWELL

Apr 29 · 18:41

FED CHAIR POWELL, ASKED WHETHER REMAINING ON THE FED BOARD IS A POLITICAL DECISION, RESPONDED THAT HE DOES NOT VIEW IT THAT WAY AT ALL — INSISTING HE IS STAYING

HIGHFSPOWELL

Apr 29 · 18:40

POWELL: THE LEGAL ACTIONS UNDERTAKEN BY THE ADMINISTRATION ARE UNPRECEDENTED, AND I FEAR THESE ATTACKS ARE BATTERING THE INSTITUTION; THE PERSISTENT THREATS OF

HIGHFSPOWELL

Apr 29 · 18:39

FED CHAIR POWELL: MY CONCERN CENTERS ON THE SERIES OF LEGAL ATTACKS DIRECTED AT THE FED, AND HAS NOTHING TO DO WITH VERBAL CRITICISM FROM ELECTED OFFICIALS.

HIGHFSPOWELL

Apr 29 · 18:40

JUST IN: 🇺🇸 Jerome Powell to remain on Federal Reserve Board as Governor after Fed Chair term ends.

HIGHWatcher GuruUSDPOWELLRESERVE

Apr 29 · 18:41

POWELL: LITERALLY STAYING BECAUSE OF THE ACTIONS OF THE ADMINISTRATION POWELL: NO CHOICE BUT TO STAY

HIGHWBPOWELL

Apr 29 · 18:40

POWELL: WILL LEAVE FED WHEN I THINK IT'S APPROPRIATE TO DO SO

HIGHWBPOWELL