Powell, Jackson Hole
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Federal Reserve Chair Jerome Powell may throw some cold water on markets Friday and remind them that a 25-basis-point interest-rate cut next month is not a done deal, said Yardeni Research's Ed Yardeni in an interview with MarketWatch.
The president’s calls for Lisa Cook, a Fed governor, to resign are diverting attention from economic issues as top central bankers from around the world gather in Jackson, Wyo.
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Stocks may rise before Powell speech, BSP meet
PHILIPPINE SHARES may rise slightly when the market reopens on Friday as investors reposition before the US Federal Reserve Chair Jerome H. Powell’s speech at their annual gathering and the Bangko Sentral ng Pilipinas’ (BSP) policy meeting next week ...
A potential candidate to succeed Federal Reserve Chair Jerome Powell, David Zervos, said that it’s inaccurate to describe the US central bank as independent, and characterized the outgoing Fed chief as aligned with the political left.
Federal Reserve officials, meeting in Washington last month, concluded that the combination of low unemployment and still-elevated inflation meant they should delay cutting interest rates, at least for now.
Amid this pressure, Mohamed El-Erian is calling on Federal Reserve chair Jerome Powell to call it quits — becoming one of the first mainstream economic voices to suggest Powell voluntarily step down to preserve Fed independence.
President Trump floated the idea of firing Jerome Powell — whom he first appointed Federal Reserve chair — earlier this week, after years of on-and-off criticism over interest rates.
Sleepy August trading action on Monday morning saw stocks going nowhere fast but belies anticipation surrounding Federal Reserve Chair Jerome Powell's Friday speech at the annual monetary policy symposium in Jackson Hole,
To the casual observer, the rally in the stock market may seem baffling. The effective tariff rate on U.S. imports is the highest it has been since the 1930s, upending supply chains, stoking inflation
President Donald Trump isn't really feuding with Federal Reserve Chair Jerome H. Powell, even though the press keeps saying he is. Feuds have two sides. Trump and his allies have launched one ...
President Donald Trump isn’t really feuding with Federal Reserve Chair Jerome H. Powell, even though the press keeps saying he is. Feuds have two sides. Trump and his allies have launched one attack after another on Powell — calling him “a moron” and “a political hack,” threatening him with criminal prosecution — while he just takes it. Some of the complaints about Powell are ...