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Jay Powell reveals Federal Reserve's influence on US interest rates

Unlock Editor’s Digest for free Roula Khalaf, editor of the FT, picks her favorite stories in this weekly newsletter. Weeks before their final meeting of 2023, Federal Reserve officials appeared to have one goal in mind: maintaining as much flexibility in monetary policy as possible to end what has become an uphill battle to contain … [Read more…]

Morning Bid: Markets cautious, Powell could undermine rate cut bets – Portal

Federal Reserve Chairman Jerome Powell answers a question during a news conference at the Federal Reserve in Washington, U.S., November 1, 2023. Portal/Kevin Lamarque/File Photo Acquire LICENSE RIGHTS A look at the day ahead in European and global markets from Ankur Banerjee With a blockbuster November in the rearview mirror, investors are bracing for a … [Read more…]