Wed, 21 Aug 2019, 5:32 AM
ADVERTISE with The Malaysian Pulse / Submit a Press Release

Topic: Jerome Powell

Malay Mail:
Share
HONG KONG, Aug 20 — Most Asian markets rose today on the back of hopes for central bank and government stimulus measures around the world, while investors were also cheered by further signs of easin...
Malay Mail:
Share
TOKYO, Aug 20 ― The dollar held near a three-week high yesterday, as expectations global economies would unleash fresh stimulus and an improvement in appetite for riskier assets lifted yields on US ...
Malay Mail:
Share
LONDON, Aug 20 ― London's FTSE 100 bagged gains yesterday led by oil majors and Asia-exposed banks that rose on moves by China to keep business interest rates low, while pub operator Greene King hel...
The Edge Markets:
Share
(Aug 20): Asian stocks were set for modest gains on Tuesday after some signs of progress on trade negotiations and speculation of government stimulus to shore up economic growth.
Malay Mail:
Share
NEW YORK, Aug 19 — The steadying of the US Treasury market and talk of economic stimulus in Germany and China helped lift Wall Street stocks early today.
Malay Mail:
Share
LONDON, Aug 19 — The euro steadied today after suffering its biggest weekly drop in nearly two months as risk appetite gradually returned to global markets after a week of turmoil.
The Edge Markets:
Share
(Aug 19): Stocks in Asia were set for gains Monday following a bounce in U.S. equities as traders kick off a busy week for economic data and await commentary from the Federal Reserve chief.
The Star:
Share
On Wednesday, the U.S. Federal Reserve releases the minutes of its last meeting, revealing what policymakers said about the flattening Treasury yield curve and the strength of support for July's quarter-point rate cut.
The Edge Markets:
Share
(Aug 16): Stocks in Asia looked set to drop after another tumultuous session on Wall Street and further declines in Treasury yields, on heightened trade uncertainty and fears of a slowing global econo...
Malay Mail:
Share
WASHINGTON, Aug 16 — American consumers appear to be carrying the US economy in their shopping carts as manufacturing slumps amid President Donald Trump’s trade conflict with China, and financial ...
The Star:
Share
WASHINGTON: As they look to ease monetary policy, central bankers are also singing from the same songsheet when it comes to government support for their economies. They want more of it.
Malay Mail:
Share
WASHINGTON, Aug 6 — US interest rates now are “in the right neighbourhood,” James Bullard, a key member of the central bank policy board, told AFP today, seeming to wave off expectations of anot...
The Edge Markets:
Share
KUALA LUMPUR (Aug 6): Shares of rubber glove makers climbed today as the ringgit continues to weaken against the US dollar, which benefits export-oriented counters.
Malay Mail:
Share
TOKYO, Aug 6 — Global stocks extended already substantial losses today as China’s yuan currency dropped to an 11-year low after Washington designated Beijing a currency manipulator in a rapid esca...
Malay Mail:
Share
WASHINGTON, Aug 6 — The four living former chairs of the Federal Reserve yesterday called for the US central bank to remain free to work independently and without fear of political reprisals in a ra...
Malay Mail:
Share
SYDNEY, Aug 5 — Asian shares extended their losses today as a sharp escalation in the Sino-US trade war kept financial markets on edge, while the Japanese yen and bonds held near recent peaks as ner...
EdgeProp.my:
Share
KUALA LUMPUR (Aug 3): A further reduction in interest rate by the US Federal Reserve in the second half of the year (2H2019) will provide more room for Bank Negara Malaysia (BNM) to adjust the overnig...
Malay Mail:
Share
WASHINGTON, Aug 3 — America’s economy is showing signs of sagging under the weight of President Donald Trump’s escalating trade war with China, which is whipsawing industries and financial marke...
Malay Mail:
Share
NEW YORK, Aug 3 — The dollar fell broadly yesterday as news of slower US employment growth in July and heightened US-China trade tensions fuelled expectations that the Federal Reserve would cut inte...
The Edge Markets:
Share
KUALA LUMPUR (Aug 2): A further reduction in interest rate by the US Federal Reserve in the second half of the year (2H2019) will provide more room for Bank Negara Malaysia (BNM) to adjust the overnig...
Malay Mail:
Share
KUALA LUMPUR, Aug 2 — The ringgit began the month of August on the back foot, breaching the 4.15 mark against the US dollar for the first time since June this year.
Malay Mail:
Share
WASHINGTON, Aug 2 — US job growth likely slowed in July after outsized gains in the prior month, with wages probably maintaining their moderate pace of increase, which could boost market expectation...
Malay Mail:
Share
TOKYO, Aug 2 — The Japanese yen hit a more-than-one month high against the dollar and multi-year peaks against antipodean currencies today after US President Donald Trump broke a truce in the Sino-U...
The Edge Markets:
Share
KUALA LUMPUR: The US Federal Reserve’s (Fed) first interest rate cut in over a decade failed to lift sentiment in the local stock market yesterday while the ringgit weakened against the greenback, a...
Malay Mail:
Share
WASHINGTON, Aug 2 — Federal Reserve Chairman Jerome Powell was lambasted from many sides after he struggled on Wednesday to explain the first interest rate cut in more than a decade, which fuelled d...
Malay Mail:
Share
NEW YORK, Aug 1 — US stocks bounced back today, helped by technology shares as focus shifted to corporate earnings after a cautious message from the Federal Reserve on interest rates drove some of t...
Malay Mail:
Share
WASHINGTON, Aug 1 — In cutting US interest rates but signalling that a series of further cuts was unlikely, Federal Reserve Chairman Jerome Powell yesterday took a page from the playbook of his pred...
The Edge Markets:
Share
KUALA LUMPUR (Aug 1): The FBM KLCI closed up 4.2 points or 0.26% today at 1,639.07 on bargain hunting after falling earlier with Asian share markets as the US Federal Reserve dampened market expectati...
Malay Mail:
Share
HONG KONG, Aug 1 ― Asian factory activity contracted further in July, fuelling worries that a Sino-US trade war and a slowdown in China could tilt the world towards a global recession, which central...
Malay Mail:
Share
WASHINGTON, Aug 1 ― US labour costs rose at their slowest pace in 1-1/2 years in the second quarter, the latest sign of benign inflation that enabled the Federal Reserve to cut interest rates yester...
The Edge Markets:
Share
KUALA LUMPUR (Aug 1): The ringgit opened lower against the US dollar in early session today as the greenback soared after the policymaking Federal Open Market Committee (FOMC) slash interest rate by 2...
The Edge Markets:
Share
KUALA LUMPUR (Aug 1): The FBM KLCI extended its loss this mnorning tracking the overnight fall at Wall Street.
Malay Mail:
Share
KUALA LUMPUR, Aug 1 ― Bursa Malaysia was lower across the board in early trade today, in sync with regional peers, as persistent worry over a trade war and the US interest rate cut failed to impress...
Malay Mail:
Share
KUALA LUMPUR, Aug 1 ― The ringgit opened lower against the US dollar in early session today as the greenback soared after the policymaking Federal Open Market Committee (FOMC) slash interest rate by...
The Edge Markets:
Share
(Aug 1): A sell-off in U.S. stocks is poised to extend to Asia after Chairman Jerome Powell dented hopes the Federal Reserve is poised to continue easing after delivering the first interest-rate cut i...
Malay Mail:
Share
FRANKFURT, Aug 1 ― A slew of positive corporate earnings and optimistic signs from US-China trade talks propped up European shares yesterday as investors braced for what would be the US Federal Rese...
Malay Mail:
Share
SYDNEY, Aug 1 ― Asian shares were set to open significantly lower today as the US Federal Reserve poured cold water on market expectations of a lengthy easing cycle after delivering a 25-basis-point...
Malay Mail:
Share
NEW YORK, Aug 1 ― The dollar index hit a more than two-year high and stocks tumbled after Federal Reserve Chairman Jerome Powell said yesterday's 25-basis-point rate cut was not the same as the begi...
Malay Mail:
Share
WASHINGTON, Aug 1 ― The Federal Reserve cut interest rates yesterday, but the head of the US central bank said the move might not be the start of a lengthy campaign to shore up the economy against r...
Malay Mail:
Share
WASHINGTON, July 31 — The Federal Reserve today is expected to cut interest rates for the first time in a decade, joining the world’s other central banks in providing support as clouds gather on t...
Malay Mail:
Share
WASHINGTON, July 31 — The Federal Reserve is walking a tight rope of competing economic forces but is set today to rejoin the central banks worldwide that are easing access to credit to keep growth ...
The Edge Markets:
Share
(July 31): Asian stocks are set to decline amid pessimism over U.S.-China trade talks and mixed corporate earnings.
Malay Mail:
Share
WASHINGTON, July 30 — The Federal Reserve opened a two-day policy meeting today, poised to cut the key US lending rate for the first time in more than a decade amid rising economic uncertainties.
Malay Mail:
Share
TOKYO, July 30 — The yen held near a three-week low today as pared expectations for aggressive Federal Reserve cuts supported the dollar and ahead of a Bank of Japan meeting, which is seen as a key ...
Malay Mail:
Share
SAN FRANCISCO, July 29 — US central bankers are expected to lower borrowing costs this week for the first time since the depths of the financial crisis more than a decade ago.
The Star:
Share
SAN FRANCISCO: US central bankers are expected to lower borrowing costs this week for the first time since the depths of the financial crisis more than a decade ago. That's the easy part.
The Edge Markets:
Share
KUALA LUMPUR (July 29): The FBM KLCI fell 0.34% at the midday break, tracking the slide at regional markets, dragged by losses at blue chips including key banking stocks.
The Edge Markets:
Share
(July 29): Asian stocks looked set to start the week on a mixed note as U.S.-China trade talks resume and the Federal Reserve is expected to deliver its first interest-rate cut in a decade.
Malay Mail:
Share
WASHINGTON, July 28 — For the first time since the Great Recession a decade ago, the US Federal Reserve is poised to cut interest rates, shoring up America’s defenses as the global economy weakens...
The Star:
Share
NEW YORK: U.S. Federal Reserve Chairman Jerome Powell will have to walk a fine line to avoid roiling the stock market next week, even if the central bank delivers on expectations and lowers interest rates for the first time in more than a decade.
The Star:
Share
WASHINGTON (Reuters): US economic growth slowed less than expected in the second quarter as a surge in consumer spending blunted some of the drag from declining exports and a smaller inventory build, which could further allay concerns about the economy's health.
The Star:
Share
HONG KONG: The world’s central banks are in danger of storing up problems for later by taking action to ensure the economic expansion stays on track.
The Edge Markets:
Share
On June 17, a Facebook white paper proposed a new global digital currency that it plans to launch in the first half of 2020.
The Star:
Share
COLOMBUS: Facebook Inc and Amazon.com Inc set records for lobbying in the second quarter as Washington ramped up scrutiny of big technology companies, while Google’s spending dipped as it continued to reshuffle its influence operations.
The Star:
Share
Facebook Inc and Amazon.com Inc set records for lobbying in the second quarter as Washington ramped up scrutiny of big technology companies.
Malay Mail:
Share
WASHINGTON, July 22 — US President Donald Trump today used a Federal Reserve official’s own words to amplify his continual demands for lower interest rates.
The Star:
Share
PETALING JAYA: The imminent Federal Reserve (Fed) interest rate cut and US elections next year are expected so spur global investor interest in American companies despite the global economic uncertainties, a local stock market expert says.
The Star:
Share
Gold, once mocked for its lack of yield and practical use, offers something the growing pile of negative-yielding bonds doesn’t – inflation protection.
The Star:
Share
PETALING JAYA: Interest in Malaysian bonds among foreign investors rose last month amid the prospects of an interest rate cut by the US Federal Reserve (Fed).
The Edge Markets:
Share
KUALA LUMPUR (July 18): RAM Rating Services Bhd said foreign investors returned to the Malaysian bond market in June after two months of net selling, which it attributed to the increasing dovishness o...
Malay Mail:
Share
KUALA LUMPUR, July 18 — The increasing dovishness of central banks in major global economies amid weaker-than-expected economic data has sparked foreign bond investors’ interest in Malaysian bonds...
Malay Mail:
Share
LONDON, July 17 — Rising concerns about a no-deal Brexit hit the pound once more today, while stock markets retreated amid renewed trade war worries and uncertainty over the outlook for US interest ...
Malay Mail:
Share
HONG KONG, July 17 — Fresh trade worries and uncertainty about the Federal Reserve's plans for cutting interest rates weighed on Asian markets today while fears of a hard Brexit kept the pound wallo...
Malay Mail:
Share
PARIS, July 17 — Federal Reserve Chair Jerome Powell added more weight to expectations the central bank will cut interest rates later this month, stressing yesterday that the US inflation outlook is...
Malay Mail:
Share
NEW YORK, July 17 — US stocks edged lower yesterday as quarterly results from banks added to concerns about lower interest rates dampening their profits, while comments from US President Donald Trum...
The Star:
Share
NEW YORK: US stocks edged lower on Tuesday as quarterly results from banks added to concerns about lower interest rates dampening their profits, while comments from U.S. President Donald Trump on trade also dragged down Wall Street's major indexes.
The Star:
Share
PARIS: Global central bankers are again in the driving seat when it comes to propping up the world economy, but many are demanding governments join them in the rescue effort.
Malay Mail:
Share
KUALA LUMPUR, July 16 — The ringgit closed lower against the US dollar today as the greenback strengthened ahead of a possible interest rate cut this month by the US Federal Reserve (Fed), said a de...
Malay Mail:
Share
TOKYO, July 16 — The pound struggled near a six-month low against the dollar today hampered by persistent worries over Brexit that, in turn, weighed on the euro.
Malay Mail:
Share
NEW YORK, July 16 — The benchmark S&P 500 index ended little changed yesterday after oscillating between positive and negative territory throughout the session after Citigroup Inc kicked off the ear...
Malay Mail:
Share
WASHINGTON, July 16 — Facebook must meet “a very high standard” before it moves ahead with its planned digital currency Libra, US Treasury Secretary Steven Mnuchin said yesterday.
The Star:
Share
NEW YORK: The benchmark S&P 500 index ended little changed on Monday after oscillating between positive and negative territory throughout the session after Citigroup Inc kicked off the earnings season with a mixed quarterly report.
Malay Mail:
Share
LONDON, July 15 — Bitcoin slumped more than 10 per cent over the weekend to a two-week low as fears of a crackdown of cryptocurrencies grew on mounting scrutiny of Facebook’s planned Libra digital...
The Star:
Share
HONG KONG: Central bankers readying to fight another economic downturn are tossing hand grenades rather than firing bazookas.
Malay Mail:
Share
SYDNEY, July 15 — The Australian dollar strengthened on stronger-than-expected economic data from China, which some analysts saw as signalling that moves aimed at reviving spending in the world’s ...
The Star:
Share
KUALA LUMPUR: Foreign investors were net buyers of stocks listed on Bursa Malaysia for the fourth consecutive week ended July 12, MIDF Research said.
The Edge Markets:
Share
KUALA LUMPUR (July 15): Foreign buying of Malaysian equities on Bursa Malaysia narrowed to RM84.9 million last week, from RM230.2 million the prior week, according to MIDF Amanah Investment Bank Bhd R...
Malay Mail:
Share
SYDNEY, July 16 — The dollar stayed on the defensive today, pinned down by expectations of a Federal Reserve rate cut this month, as traders in Asia waited for the latest update on the health of the...
The Edge Markets:
Share
(July 15): Asian stocks were set to start the week with a cautious tone as investors turned their attention to upcoming data on Chinese economic growth amid expectations for further policy support.
Malay Mail:
Share
KUALA LUMPUR, July 14 — Foreign appetite for the Malaysian market continued to remain steady for both local equities and the ringgit, says Bank Islam Malaysia chief economist Mohd Afzanizam Abdul Ra...
Malay Mail:
Share
KUALA LUMPUR, July 14 — Foreign appetite for the Malaysian market continued to remain steady for both local equities and the ringgit, says Bank Islam Malaysia chief economist Mohd Afzanizam Abdul Ra...
Malay Mail:
Share
NEW YORK, July 13 ― Wall Street stocks closed higher and the dollar fell yesterday as investors prepared for a US interest-rate cut, while oil futures were little changed as a forecast for a global ...
The Star:
Share
NEW YORK: All three major indexes posted record closing highs on Friday as firm expectations for an interest-rate cut from the Federal Reserve continued to propel shares while investors awaited next week's kickoff of the corporate earnings season.
The Star:
Share
NEW YORK: The dollar weakened for a third straight session on Friday, still pressured by expectations the Federal Reserve will start cutting interest rates at a monetary policy meeting later this month.
Malay Mail:
Share
KUALA LUMPUR, July 13 ― Bursa Malaysia is likely to stage a rebound with the key index reaching the 1,680 level next week on the possibility of US interest rate cuts this month.
Malay Mail:
Share
KUALA LUMPUR, July 13 ― The ringgit is likely to trade at the current level of between 4.11 and 4.13 against the US dollar next week, barring any major surprise that would significantly sway global ...
The Star:
Share
REVIEW: At press time, the world’s equity markets appear consoled that the US Federal Reserve is likely to implement a policy rate cut as early as July 31, and confidence is rising.
Malay Mail:
Share
NEW YORK, July 12 — Wall Street spiked to new records at the open today, as investors cheered the news an interest rate cut by the Federal Reserve is coming soon.
Malay Mail:
Share
KUALA LUMPUR, July 12 — The ringgit extended its uptrend against the US dollar at the close today on continued buying, said a dealer.
Malay Mail:
Share
SHANGHAI, July 12 ― Asian shares pulled back today as worries over renewed Sino-US trade tensions weighed on sentiment ahead of the release of June trade data from China, though expectations of a Fe...
Malay Mail:
Share
WASHINGTON, July 12 ― US President Donald Trump yesterday criticised Bitcoin, Facebook's proposed Libra digital coin and other cryptocurrencies and demanded that companies seek a banking charter and...
The Star:
Share
KUALA LUMPUR: Malakoff Corp Bhd, FGV Holdings Bhd, Boustead Holdings Bhd, Magna Prima Bhd, Mudajaya Group and Bintai Kinden Corp Bhd are among the stocks to watch on Friday, according to JF Apex Research.
Malay Mail:
Share
TOKYO, July 12 ― The dollar was steady today, having regained some traction against its peers after stronger-than-expected US inflation data tempered the prospect of an aggressive Federal Reserve in...
The Star:
Share
KUALA LUMPUR: E-service providers, tech and semicon-related stocks led Bursa Malaysia higher early Friday but the FBM KLCI was just slightly higher on lack of buying support from funds.
Malay Mail:
Share
WASHINGTON, July 12 ― President Donald Trump's aggressive trade actions sparked a “shock” to business confidence which could impact the economy, and contributes to the case for cutting rates, Fe...
The Star:
Share
ATLANTA/VICTOR, Idaho: As Federal Reserve Chair Jerome Powell kept the focus Thursday on global risks that could trigger a Fed rate cut in coming weeks, his colleagues from regional Fed districts painted a rosier picture of continued U.S. economic growth and a solid business outlook.
The Star:
Share
NEW YORK: A broad index of stocks around the world rose on Thursday as financial shares helped Wall Street's benchmark index advance, while oil prices fell on a forecast for weaker demand.
The Edge Markets:
Share
(July 12): Stocks in Asia headed for a mixed start Friday as trade-tensions resurfaced and U.S. shares closed at a record.
Malay Mail:
Share
LONDON, July 12 ― European shares closed at a two-week low yesterday weighed down by pharma stocks on worries that US government may intervene on high drug prices, while optimism from the Federal Re...
Malay Mail:
Share
NEW YORK, July 12 ― The Dow and S&P 500 rose yesterday to close at record highs as health insurers gained after the Trump administration scrapped a plan designed to rein in prescription drug prices,...