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Wall Street opens lower after Trump picks Fed critic Kevin Warsh to succeed Jerome Powell
stocks opened lower on Friday (Jan 30) after US President Donald Trump nominated former Federal Reserve governor Kevin Warsh to head the…
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Powell defends independence of Federal Reserve
It will maintain trust in central banks that monetary policy will not be abused for short-term gains that might win elections US Federal…
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Federal Reserve’s Jefferson says he considers Powell to be ‘of the highest integrity’
US Federal Reserve Vice Chair Philip Jefferson, responding to the Department of Justice subpoena of Fed Chair Jerome Powell, said on…
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IMF’s Georgieva says central bank independence critical, backs Powell
International Monetary Fund chief Kristalina Georgieva on Thursday underscored the importance of keeping central banks independent and…
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Bank of Japan puts self-defence ahead of solidarity with Fed’s Powell
The Bank of Japan’s absence from a list of central banks lining up to support Federal Reserve chair Jerome Powell reflects its aversion to…
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Trump says Dimon ‘wrong’ to criticise DOJ Probe of Fed’s Powell
US PRESIDENT Donald Trump dismissed Jamie Dimon’s criticism over the Justice Department probe into the Federal Reserve, saying the…
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Targeting Powell | National Review
If this is a baseless effort at revenge or pure intimidation, it’s a disgrace. Source link
Business
Global central bankers defend Fed’s Powell after Trump threat
Central bankers fear that political influence over the Fed would erode trust in the bank’s commitment to its inflation target The chiefs…
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Fed served with DOJ subpoenas, Powell vows to stand firm
Trump has also sought to fire the central bank governor Lisa Cook, another extraordinary step US Federal Reserve chair Jerome Powell said…
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Trump says he still might fire Jerome Powell as Fed chair pick looms
US President Donald Trump teased that he has a preferred candidate to be the next chair of the US Federal Reserve, but is in no hurry to…
Business
Wall Street opens lower ahead of Powell speech, manufacturing data
Wall Street’s main indexes opened lower on Monday (Dec 1) as investors stood on the sidelines ahead of fresh economic data and a closely…
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US Fed chair candidate Rieder says Powell was more hawkish than expected
RICK Rieder, an asset manager on the short list of possible candidates to be the next chair of the Federal Reserve, said on Wednesday he…
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US: Dow ends down, S&P 500 flat as Powell says December rate cut far from assured
The Dow ended lower and the S&P 500 finished flat on Wednesday after the Federal Reserve cut interest rates but Fed Chair Jerome Powell…
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US Fed cuts rates by 0.25%, Powell signals December move ‘far from’ certain
US Federal Reserve chair Jerome Powell cautioned investors against assuming the US central bank would follow its second straight…
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US: Wall Street subdued at open after Powell offers no rate clues
Wall Street’s main indices posted subdued gains at Thursday’s (Oct 9) open, after Federal Reserve chair Jerome Powell offered no fresh…
Business
Singapore stocks slip as US Fed chair Powell says equities ‘highly valued’; STI drops 0.3%
In the wider market, gainers edge out losers 285 to 270, after 1.6 billion shares worth S$1.4 billion change hands The Straits Times Index…
Business
US: Wall Street muted at open with Powell in spotlight for rate outlook
Wall Street’s main indexes were muted at open on Tuesday (Sep 23) as the recent tech-fuelled rally took a breather, while investors…
Business
Gold slips as US dollar gains after Fed rate cut, Powell comments
Gold prices extended losses on Thursday (Sep 18) due to an uptick in the US dollar after the US Federal Reserve cut interest rates by a…
Business
Whether it’s one rate cut or more, Fed’s Powell likely to act with caution as inflation stays high
US central bank expected to cut rates by 25 basis points to a range of between 4% and 4.25 % this week A US Federal Reserve rate cut this…
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Europe: Shares close at five-month highs after Powell hints at September rate cut
European shares closed at their highest level in more than five months on Friday (Aug 22) after US Federal Reserve chair Jerome Powell…
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Japan's 30-year yields hit all-time high ahead of Powell speech
Japanese 30-year government bond yields climbed to a fresh all-time peak on Friday (Aug 22), tracking a rise in US Treasury yields as…
Business
Fed officials lukewarm on September rate cut as markets await Powell speech
Three Federal Reserve officials appeared lukewarm on Thursday to the idea of an interest rate cut next month, as investors geared up for…
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Who Is Jennifer Powell? Ex-Girlfriend of Delta Pilot Arrested on Plane Also Charged for Joining in Sexual Abuse of His Daughter
The former girlfriend of a Delta Airlines pilot who was removed from a plane and charged with child sex offenses has now also been…
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Gold eases after Trump downplays clash with Fed chair Powell
Gold extended a decline on Friday (Jul 25) as the US dollar rose after President Donald Trump downplayed his clash with Federal Reserve…