U.S. Federal Reserve Board Chairman Jerome Powell answers a question from the media during a news conference following a meeting of the Federal Open Market Committee at the Federal Reserve Board Building Federal Reserve William McChesney Martin Jr. in Washington, DC, US, March 22, 2023. Powell announced an interest rate increase of 0.25 percentage points. … Read more
US Federal Reserve Governor US Federal Reserve Governor Jerome Powell’s press conference included the following points: First: The US Federal Reserve Governor reads the interest statement: The US Federal Reserve is committed to returning inflation towards its specified target and optimal exploitation of the labor market. It is natural to look at what has been … Read more
Investors will be keeping an eye on Federal Reserve Chairman Jerome Powell’s statement today for signs of the Fed’s interest rate direction. Before the Fed begins its Blackout Period tomorrow. Mr. Powell is scheduled to speak at two rounds of talks today to be held in Atlanta, Georgia, with the first round starting at 11:00 … Read more
An attempt to pressure or change policy? As for Krishna Guha of Evercore, he considered that Powell’s “tougher tone” could be read as an attempt to pressure against further easing of financial conditions, and to limit expectations of lowering interest rates within the acceptable range, while preserving the possibility of increasing interest rates again. if … Read more
Keep an eye on the direction of gold prices. There is a chance of setting a new record of 2,080 dollars/ounce. After the Israel-Hamas war, the price surged to more than $165, while the Fed’s money management continues to create profit-selling pressure. Until there is an expected interest rate cut in May next year. Meanwhile, … Read more
After about thirteen years, the Czech Republic will experience an almost unexpected, but prayed-for phenomenon. In an optimistic scenario, the rate of inflation in the country will fall below the level of the Czech National Bank’s rates this month, i.e. below seven percent. At least for domestic banks, this will mean the de facto end … Read more
Dow futures soar more than 100 points as investors ease recession concerns. After Federal Reserve Chairman Jerome Powell (Fed) stated that the Fed will conduct monetary policy cautiously. by assessing potential risks to the economy As of 7:26 p.m. Thai time, the Dow Jones futures rose 116 points or 0.34% to 34,493 points. At the … Read more
Gold futures fell 0.2 percent to $1913.10 an ounce by 0527 GMT. US gold futures also fell 0.3 percent to $1,941.30. Gold has risen about 1.3 percent since the beginning of the week, which could be the first week of gains this month, with prices climbing to the highest level since August 10 on Thursday. … Read more
The Dow Jones continues to fall. Recently, it plummeted more than 100 points while investors sold to reduce their risk. ahead of a speech by Federal Reserve Chairman Jerome Powell tomorrow. As of 10:11 p.m. Thai time, the Dow Jones Industrial Average was 34,358.95 points, down 114.03 points or 0.33%, while the Nasdaq Index and … Read more
The Dow Jones Industrial Average fell more than 100 points after Federal Reserve Chairman Jerome Powell signaled he was willing to raise interest rates to curb inflation. As of 9:36 p.m. Thai time, the Dow Jones Industrial Average was 33,806.52 points, decreasing 120.22 points or 0.35%. Chip stocks fell today. Led by Nvidia (Nvidia) after … Read more