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    Diane Swonk

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    • Wednesday, 3 May, 2023
      Markets InsightFederal Reserve
      Risk of Fed fissures grows as inflation fight tests resolve

      Jay Powell’s job in corralling policymaking colleagues has just become a lot more complicated

      FT montage including photo of Fed chair Jay Powell
    • Tuesday, 6 July, 2021
      FT GlobetrotterSplashing out: FT Globetrotter’s summer swimming guide
      Keep your cool: five top spots near Rome for a summertime swim

      As the mercury rises, beat the capital’s heat and head for these cerulean waters, where the backdrop might be a medieval castle, a clifftop hamlet or an enchanted island

    • Monday, 24 September, 2018
      Global trade
      Fed unlikely to be blown off rate course by trade war

      Strong US economy shows few signs of being hurt by tariffs fight with China

      (FILES) In this file photo taken on July 31, 2006 cargo is stacked high on a China Shipping Line freighter at Miami Beach, Florida. - President Donald Trump on September 18, 2018 accused China of seeking to influence upcoming US elections by taking aim at his political support base in the countries' escalating trade war. "China has openly stated that they are actively trying to impact and change our election by attacking our farmers, ranchers and industrial workers because of their loyalty to me," Trump tweeted.Trump's comments came a day after he targeted another $200 billion in Chinese imports with tariffs starting next week, drawing an immediate vow of retaliation from Beijing. (Photo by Paul J. RICHARDS / AFP)PAUL J. RICHARDS/AFP/Getty Images
    • Friday, 2 March, 2018
      Global Economy
      Plain-speaking Jay Powell dodges the political bear traps

      New Fed chair is setting out his stall as a blunt messenger of US monetary policy

      Jerome Powell, chairman of the U.S. Federal Reserve, walks through the Rayburn House Office building before a House Financial Services Committee hearing in Washington, D.C., U.S., on Tuesday, Feb. 27, 2018. Powell said the central bank can continue gradually raising interest rates as the outlook for growth remains strong, and the recent bout of financial volatility shouldn't weigh on the U.S. economy. Photographer: Andrew Harrer/Bloomberg
    • Thursday, 10 November, 2016
      News in-depthUS trade
      Trump’s economic policy explained: the era of fiscal restraint is over

      Untangling contradictions and discerning real priorities is going to be fraught

    • Friday, 12 August, 2016
      Global Economy
      Flat US retail sales hint at tepid summer

      Outlook for consumer sentiment firm despite dip in July data

      Jeans are displayed for sale at a Gap Inc. store in New York, U.S., on Friday, Sept. 5, 2014. The Gap Inc. plans to roll out order-in-store to 1,000 stores in October to adapt to changing shopping habits and offer customers ease of shopping. This allows shoppers to connect to Wi-Fi in-store and order an item online that may not be in stock. Photographer: Craig Warga/Bloomberg
    • Thursday, 14 April, 2016
      US presidential election
      Muted US inflation adds to Fed uncertainty

      March figures weaker than forecast at 0.1% amid debate over GDP growth

      A view of the Federal Reserve
    • Thursday, 24 September, 2015
      US & Canadian companies
      Caterpillar sends warning on global demand

      Industrial bellwether says 10,000 jobs at risk from emerging market slowdown

      A Caterpillar Inc. D6N track type tractor, right, and a DK52 sit on display at the Altorfer CAT dealership in Bettendorf, Iowa, U.S., on Friday, Oct. 19, 2012. Caterpillar Inc., the world's biggest construction and mining equipment maker, is scheduled to report quarterly earnings on Oct. 22. Photographer: Daniel Acker/Bloomberg
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