Posts Tagged "Fed Chair Powell"

Fed’s pivot is completed

Posted By Darren Winters on Aug 15, 2019

The Fed’s pivot is completed. Last month’s Fed Chair Powell’s full circle concerning monetary policy was confirmed with a 25bps rate cut for the first time in 11 years. The Fed fund rate is now 2.1% from 2.35%. The Fed’s pivot is completed and both global bond yields and stocks have plummeted Moreover, the Fed has ended the normalization of its balance sheet two months ahead of schedule. But with more than 4...

Fed Chair Powell’s interview

Posted By Darren Winters on Mar 15, 2019

Fed Chair Powell’s interview on “60 Minutes” could have been a counter move to restore faith in Fed policy following unprecedented public criticism from US president Trump who labeled the Fed “crazy” in December due to its interest rate hike path. Global populist movements energized by populist leaders could be the Fed’s greatest risk. So while rising populism with its catchy chant to “end the Fed” was not mentioned at all...