All roads lead to Jerome Powell

Since inflation in America Its peak was 9.1 % in June 2022The American Federal Reserve made price increases – by maintaining high interest rates – its main goal.

One of the narrow monetary policy results tends to be a slowdown economy and a cooler work market. For a while, this scenario was not achieved, which led many to believe that the Federal Reserve, under Jerome Powell, had achieved rare.Soft landingWhere the central bank was able to reduce inflation without drowning the economy in stagnation.

But “that”Golden path– Also, the Austan Golsby at the Federal Reserve, to call it – is distorted by factors such as customs tariffs and changing geopolitical landscapes.

In the United States, this led to a Labor market speed coolingThis prompted Powell to note in Jackson Hall that the risk between high inflation and high unemployment is a “transformation”. In other words, the central bank may now turn into business support, rather than slowing the price increases.

Powell said: “The variable risk balance may require modifying our position on politics,” said Powell.

Then – a boom! Just like this: A glimpse of a suggestion that the Federal Reserve may begin to reduce interest rates again was sufficient to send our escalating stocks and decrease the treasury revenues on Friday.

This proves the amount of the Federal Reserve – especially its chair – the nerve center for the American economy and financial markets. As analysts from ancient times said: All roads lead to Jerome.

Jerome Powell notes that price cuts may come soon. In Jackson Hall on Friday, the Federal Reserve Chairman said that the growing risk on the negative side of the labor market may “may” may “may”It justifies the control of our political positionPowell also stressed the independence of the federal reserve.

The US government takes a 10 % stake in Intel. US chips makerand On Friday press releaseand The White House said made 8.9 billion dollars investment in Intel Common sharesBuy 433.3 million shares at $ 20.47 per share – less than the current price.

Trump said the furniture would face definitions later this year. The goal of the president is “Return furniture work … all over the union. Separately, Canada on Friday He removed many revenge definitions on the United States – But not on cars and steel.

American stocks emerged on Friday in Powell’s speech. the Dow Jon’s industrial average Freshwhile S & P 500 It came within three points from her score during trading. FTSE 100 closed in the UK at another height The best week since May.

(Pro) NVIDIA and inflation in focus. American stocks can End August on a high note. Their continuous gathering will depend on Nafidia The profit report, on Wednesday in the United States, and the Personal Consumption Expenditure Index, on Friday.

From American Eagle to Swatch, why does it seem to be the brands that are wrong

When actress Sydney Sweeini Jeans campaign Last month, critics criticized the good word “jeans” and “genes” as if it were a deaf tone with nefarious tones.

“Modern brands are trying to move in cultural complexity simply companies.” Modern brands are trying to move in cultural complexity simply companies. It is used in the fifties of the last century.

– Karen Gilkerst