Tag: Jerome Powell
Trump Denies Plans to Remove Fed Chair Powell Despite DOJ Probe
U.S. President Donald Trump said on Wednesday that he has no intention of dismissing Federal Reserve Chair Jerome Powell, despite the Department of Justice...
Financial Leaders Back Powell as Trump Pressure on Fed Grows
Global central bank leaders and senior Wall Street bank executives publicly rallied behind Jerome Powell on Tuesday, underscoring broad support for the Federal Reserve...
Bitcoin Price Retreats to $91.8K Ahead of Key CPI Report
Bitcoin edged lower during Asian trading on Tuesday, underperforming equity markets as traders remained cautious ahead of a key U.S. inflation report and amid...
Yen Hits 18-Month Low as Dollar Loses Momentum
The Japanese yen weakened sharply on Tuesday, falling to its lowest level since July 2024, while the U.S. dollar remained under pressure as investors...
US Stocks Edge Lower as Pressure Builds on Fed Chair and...
U.S. stocks declined on Monday as investors grew increasingly uneasy about the independence of the Federal Reserve, kicking off a packed week that includes...
Gold Soars to Record High as Iran Unrest and Fed Risks...
Gold prices surged to a new all-time high on Monday, driven by escalating unrest in Iran, intensifying political pressure on the Federal Reserve, and...
Bitcoin Slips Toward $90K as Trump-Fed Tensions and Geopolitics Weigh
Bitcoin edged lower on Monday after posting early gains during Asian trading, remaining largely stuck within last week’s range as investor sentiment stayed fragile...
US Dollar Slumps as Fed Independence Comes Under Fire
The U.S. dollar came under pressure in European trading on Monday after American prosecutors launched a criminal investigation into Jerome Powell, raising fresh concerns...
European Stocks Edge Lower as Iran Unrest and Powell Probe Weigh
European equities opened the week on a cautious note on Monday, as investors weighed escalating unrest in Iran alongside renewed political pressure on Jerome...
Bitcoin Jumps to $92K as Trump–Fed Clash and Geopolitics Intensify
Bitcoin edged higher during Asian trading on Monday, holding close to last week’s levels as investor risk appetite remained fragile amid escalating tensions between...
