Powell’s Dec. Warning Exposes Hardening Divisions at Fed
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Fed Chair Jerome Powell will have to steer his way through a suddenly very contentious atmosphere among policymakers that will make whichever direction the Fed chooses divisive. While Wall Street economists were split over whether the FOMC will in fact approve another reduction at the Dec.
The Fed leader discussed the reasoning behind the central bank’s decision to cut rates at its second straight meeting as well as the move to stop shrinking its multitrillion-dollar asset portfolio.
Jerome Powell doesn’t see an AI bubble. That seems like the bigger takeaway versus the fact the Federal Reserve did what everyone expected by cutting interest rates by 25 basis points. And while stocks dipped after Powell said another move lower in December wasn’t a sure thing, even that felt negligible in comparison.
Glen Powell is constantly in casting rumors for numerous superhero movies. Despite what the fans want, Powell is not chasing roles in Marvel or DCU. Why won’t Glen Powell be in superhero movies? Powell spoke to Collider about his appreciation for superheroes and their importance in society.
Enormous capital expenditures in artificial intelligence technology and data centers are helping to drive growth in the U.S. economy and stock market, but Powell said Wednesday that he doesn’t expect interest-rate policy to have much effect on these plans.
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Is AI the next dot-com bubble? Here’s why Powell thinks it’s different
This is different,” Powell told reporters Wednesday. “The companies that are so highly valued actually have earnings and stuff like that.” During the dot-com era, by contrast, many were “ideas rather than companies,
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Jerome Powell says the AI hiring apocalypse is real: ‘Job creation is pretty close to zero’
The phenomenon is so widespread some economists have coined a new term— the “Great Freeze ”—to describe the dismal labor market conditions. With unemployment among recent college grads topping 5%—and AI threatening to automate entry-level office jobs —many Gen Z workers are turning to graduate school as a strategic timeout.
Kleine Powell turned up the heat on Tuesday, October 28, proving that repeating an outfit can be a power move. The America’s Sweethearts: Dallas Cowboys Cheerleaders star, 26, known for her effortlessly glam style and growing brand collaborations,