Fed, Jerome Powell and Mohamed El-Erian
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Rep. Jim Himes (D-Conn.) said Sunday that a White House insider is warning President Trump of a “massive market reaction” if he fires Federal Reserve Chair Jerome Powell. “I mean, what
Deutsche Bank published an explosive research note over the weekend titled simply, “What if ?” (And yes, it includes that idiosyncratic use of extra spaces in front of the question mark.) Written by Global Head of FX Research George Saravelos,
President Donald Trump’s attacks on Federal Reserve Chairman Jerome Powell are so commonplace at this point that they barely register in financial markets these days. The rapidly intensifying multi-pronged efforts by Trump’s advisers to amplify and expand on Trump’s attacks are a good reason to rethink that indifference.
There's a chance Donald Trump won't get lower interest rates even after he finds a replacement for Fed Chair Powell, market pros told BI.
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 out.
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 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 ...
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.