- As big bank earnings kick off, one top technician says it's time to fade the space
- Airbus steps up pressure on suppliers over Canadian jet
- China worries weigh on Wall Street, earnings expectations tepid
- U.S. government shutdown drags into fourth week amid stalemate
- NBC finally jumps in the streaming wars — announces a new service to compete with Netflix and others
[The stream is slated to start at 10:15 am ET. Please refresh the page if you do not see a player above at that time.]
Three U.S. central bank leaders — current Federal Reserve Chairman Jerome Powell and his immediate past predecessors Janet Yellen and Ben Bernanke — were slated to speak in a roundtable Friday morning in Atlanta at the American Economic Association’s annual meeting.
Market participants are expected to watch the event closely, with special attention to any clues from Powell that the Fed intends to change course from its current intentions.
Powell has rattled the market twice in the recent months, first in October when he said the Fed was “a long way” from a neutral and likely to continue tightening policy, and again in December when he said he did not expect the central bank to deviate from its balance sheet reduction program. The Dow Jones Industrial Average is down sharply from its October peak just before Powell’s initial remarks.
The Fed is losing its ability to control interest rates, former Senate banking chief says
Why this year suddenly fell apart on Wall Street, and what’s ahead
Don’t laugh: The Fed will be cutting rates ‘in coming months,’ David Rosenberg says