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President Trump has renewed calls for Federal Reserve Chair Jerome Powell to resign, criticizing the Fed for not cutting interest rates.
What was surprising though was how the market reacted to Powell’s words. When you look at the comparative one-day chart for the Nasdaq and Dow Jones ETFs, QQQ and DIA , a couple of things stand ...
Potential removal of Fed Chair Jerome Powell could disrupt markets, spike inflation expectations, and impact the USD and ...
A growing financial storm could hit the US dollar and Treasuries if President Donald Trump removes Federal Reserve Chair Jerome Powell from his post. According to Deutsche Bank, this scenario is being ...
Wall Street approved of President Joe Biden’s intention to nominate Jerome Powell for a second term at the helm of the Federal Reserve. But the initial jolt in the stock market didn’t last ...
The market reacted as it did because he finally admitted it, but one assumes they were smart enough to know it was true before Powell “central-banker-splained” it to them.
The dollar rises after wide moves in reaction to Fed Chair Powell's Jackson Hole speech. He renewed the pledge to pursue 2% inflation even if it requires higher rates, and to keep them high until ...
President Donald Trump’s attacks on Federal Reserve Chairman Jerome Powell are so commonplace at this point that they barely ...
The bond market reaction would suggest so. Powell maintains that there is still a path to a soft landing and that the labor market is showing "extraordinary resilience." ...
Economists will be watching closely to see what Powell makes of the June jobs report. The Fed chairman has said that the Fed will cut rates if better inflation trends allow it to ease or if the ...