Trump, Jerome Powell and Federal Reserve
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Analysts at Deutsche Bank consider the president's removal of Fed chief Jerome Powell "one of the largest under-priced event risks over the coming months."
Financial markets were reacting in an understandable way to conflicting reports over the future of Federal Reserve Chair Jerome Powell, and whether President Donald Trump will or won't be firing him soon.
Stocks sold off sharply intraday after multiple reports suggested President Trump is considering firing Fed Chair Jerome Powell.
The S&P 500 closed at a record high on Friday, soaring to its highest level since February as investors cheered a host of bullish catalysts.
When Federal Reserve Chair Jerome Powell speaks, markets listen and move—even more so than they have to past Fed chairs.
On market speculation about a so-called "Fed put"—the idea that the central bank would intervene if markets plunge—Powell was unequivocal: "I'm going to say no."
Federal Reserve Chair Jerome Powell is standing by his wait-and-see message on interest rates despite Trump's pressure and Israel-Iran ceasefire deal. News Sports Indy 500 Things To Do Opinion ...
Thiagamoorthy notes Powell said in Chicago that "the labor market appears to be in solid condition." Meanwhile, the Census Bureau said housing starts fell by 11.4% in March to 1.32 million, short ...
Goldman Sachs says Jerome Powell's speech at Jackson Hole on Friday could deliver some surprises. It wouldn't be the first time he used the event as an opportunity to reset investors' expectations ...
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