Fed chief Powell's speech was 'ludicrous,' says Dartmouth economist and leading dove

Malaysia News News

Fed chief Powell's speech was 'ludicrous,' says Dartmouth economist and leading dove
Malaysia Latest News,Malaysia Headlines
  • 📰 MarketWatch
  • ⏱ Reading Time:
  • 16 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 10%
  • Publisher: 97%

Fed Chairman Jerome Powell's Jackson Hole speech was ludicrous, said David Blanchflower, an economics professor at Dartmouth College.

Federal Reserve Chairman Jerome Powell’s speech in Jackson Hole was “ludicrous” because it is likely that inflation is on the way down, said David Blanchflower, an economics professor at Dartmouth College and a former external member of the Bank of England’s monetary-policy committee.

History... Federal Reserve Chairman Jerome Powell’s speech in Jackson Hole was “ludicrous” because it is likely that inflation is on the way down, said David Blanchflower, an economics professor at Dartmouth College and a former external member of the Bank of England’s monetary-policy committee.

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

MarketWatch /  🏆 3. in US

Malaysia Latest News, Malaysia Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

U.S. Treasury Yields Rise After Fed Chair Powell Signals Further Interest Rate HikesU.S. Treasury Yields Rise After Fed Chair Powell Signals Further Interest Rate HikesU.S. Treasury yields were higher on Monday as investors digested comments from Federal Reserve Chair Jerome Powell.
Read more »

What happens next now that Jackson Hole is over? More Fed hawkishness is in the cardsWhat happens next now that Jackson Hole is over? More Fed hawkishness is in the cardsThe Federal Reserve will expand on Fed Chairman Jerome Powell's hawkish message beyond his message Friday that a 'Fed pivot' was not going to happen.
Read more »

AUD/USD: Bears kicking off the week below 0.6900, eyes on Australian dataAUD/USD: Bears kicking off the week below 0.6900, eyes on Australian dataAUD/USD is trading below 0.7000, starting a brand new week on the back foot, as US dollar bulls keep the upper hand following Fed Chair Jerome Powell’
Read more »

World Bank president on Fed's inflation fight: Central banks have more tools than rate hikesWorld Bank President David Malpass responds to Fed Chair Jerome Powell's concern over combatting inflation and the options world governments have to increase production.
Read more »

US stocks lose $1.25T in a day — more than entire crypto market capUS stocks lose $1.25T in a day — more than entire crypto market cap$1.25 trillion in a day?! If that is not concerning, we don’t know what is. The U.S. stock market lost more value in a day than the entire market cap of Bitcoin and altcoins COMBINED!!
Read more »

Fed tackles inflation with its most diverse leadership everFed tackles inflation with its most diverse leadership everEconomists say a wider range of voices will deepen the Fed's perspective as it weighs the consequences of raising or lowering rates. It may also help diversify a profession that historically hasn't been seen as welcoming to women and minorities.
Read more »



Render Time: 2025-03-04 12:57:13