Fed chief Jerome Powell said Tuesday that recent data shows &quot;a lack of further progress so far this year on returning to our 2% inflation goal.&quot; He signaled that rates will stay high until inflation gets closer to 2%. As recently as early April, Powell had maintained that there was continued ...

Dow Jones Futures Rise After Stocks Shrug Off Powell; Super Micro Flashes Buy Signal | Investor's Business Daily

Federal Reserve Chair Jerome Powell testifies before a Senate Banking, Housing, and Urban Affairs Committee hearing on Capitol Hill in Washington, U.S., March 7, 2024. REUTERS/Tom Brenner/File Photo Purchase Licensing Rights, opens new tab

Morning Bid: Blunt Powell signals rate cut plans on ice | Reuters

In economic news, Federal Reserve Chairman Jerome Powell will participate in a moderated discussion Tuesday afternoon with Tiff Macklem, Governor of the Bank of Canada. The talk will be held at the Washington, D.C. Forum on the Canadian economy and is scheduled to start at 1:15 p.m. ET.

Stock Market Today: Dow Jones Rises Ahead Of Powell Comments; Tesla Stock Extends Dive | Investor's Business Daily

Stocks tumbled this week as investors continued to digest hotter-than-expected inflation data and the central bank&#x27;s latest guidance on rate cuts. In public remarks on Tuesday, Federal Reserve Chair Powell said the inflation fight appears to have stalled, and central bankers needed more confidence ...

Stock market today: Indexes rise as traders try to shrug off Powell's hawkish commentary

Powell on Tuesday signaled the Fed will wait longer than previously anticipated to cut borrowing costs following a series of surprisingly high inflation readings — marking a notable shift from his December pivot toward easing. Treasury yields reached fresh year-to-date highs and the dollar ...

Powell’s US Rates Warning Means Headaches for Rest of the World - Bloomberg

US Federal Reserve chair Jerome Powell damped expectations of impending interest rate cuts on Tuesday — a sign that the Fed may have pumped so much money into the economy during the pandemic that the surplus is still making its way through the country.

The Fed may have pumped so much money into the economy that it's now taking way longer to cut rates

Why it matters The Fed may keep rates at the current, two-decades high level for longer as it assesses incoming economic data, Powell said in his first public remarks since last week&#x27;s hotter-than-expected inflation report.

Jerome Powell: Interest rates may stay high as inflation progress stalls

The Dow Jones Industrial Average (^DJI) finished the day up 0.2%, or more than 50 points, following comments from Federal Reserve chair Jerome Powell, who said it will likely take &quot;longer than expected&quot; for the central bank to be confident in its inflation fight.

Stock market today: Dow snaps 6-day losing streak, Powell warns on inflation

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Powell Suggests Interest Rates Could Stay High for a Longer Period

Powell’s remarks represented a shift in his message after a third straight month in which a key measure of inflation exceeded forecasts. He also signaled the US central bank will likely keep rates on hold for longer than originally planned, according to Jeffrey Roach at LPL Financial.

US Yields Spike as Hawkish Powell Puts 5% in Play: Markets Wrap

POWELY

U.S. Fed holds rates, Powell signals caution; Bitcoin ETFs see inflows; Whales accumulate BTC; Ordinals surge; and more in this insightful rundown. 

Fed Holds Rates, Powell Signals Caution, Bitcoin ETFs Gain Traction

Then I turned around. They were both so close I could see the zit on the cheek of the one on the left, the little booger up the nose of the other.

Dedicated to Powell's Books

Note: the following is a transcription of my interview with Jesse Powell, CEO of Kraken. I use Rev.com from translations and they remove ums, errs and half sentences. I have reviewed the transcription but if you find any mistakes, please feel free to <a href="http://hello@whatbitcoindid.com" target="_blank">email me</a>. You can <a href="https://www.whatbitcoindid.com/podcast/jesse-powell-is-building-a-culture-of-crypto-values-at-kraken" target="_blank">listen to the original recording here</a>.

Jesse Powell is Building a Culture of Crypto Values at Kraken

Miniature Mail is a service that allows you to send tiny letters to friends and family. It has received over <a href="https://www.producthunt.com/posts/miniature-mail" target="_blank">1000 upvotes on Product Hunt</a>.

Founder Interviews: Justin Powell of Miniature Mail

The Father Of Skateboarding, George Powell — Doing Well By Having Fun

This paper presented NonlinearSolve.jl, a high-performance and robust open-source solver for nonlinear systems implemented natively in the Julia language

NonlinearSolve.jl: Other References You Can Turn to

We evaluate our solvers on three numerical experiments and benchmark them against other nonlinear equation solvers 

How We Evaluated Our Solvers on Three Numerical Experiments and Benchmarked Them

How different prompting styles influence GPT-4’s accuracy in predicting Academy Award winners. 

How Future Narratives Improve ChatGPT’s Oscars Predictions

POWELY makes green hydrogen production viable

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