Jerome Powell

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November 11, 2019

The Fed stops for now

Several days ago, and for the third time this year, the Fed reduced the federal funds rate target range by 25 basis points to a range of between 1.5% and 1.75%. It is very unlikely that it will lower rates again in December.
  • Geography Tags
  • USA

November 28, 2018

Market Comment | US dollar fell after Powell's speech

Fed Chairman Powell’s speech drove the USD to depreciate after markets read his speech as “dovish”. He said that interest rates are “just below” neutral levels. In another front, financial markets remained calm awaiting the outcome of the Xi-Trump’s meeting at the G-20 summit.