Tag: Jerome Powell
Rate Cuts on Hold? Fed Signals Caution as Leadership Shifts
After three straight interest rate cuts, investors now face an unclear path for U.S. monetary policy. The outlook for next year is clouded by...
Asia FX Stalls as Dollar Holds Firm; China’s Deflation Drags On
Asian currencies and the U.S. dollar moved very little on Wednesday. Investors are preparing for a possible interest rate cut from the Federal Reserve,...
Trump Says New Fed Chair Must Cut Rates Immediately as Crypto...
U.S. President Donald Trump has once again emphasized that the next Federal Reserve chair must move quickly to cut interest rates. His comments come...
Can Powell Pull Off a Hawkish Cut? BofA Weighs In
The Federal Reserve is widely expected to lower interest rates by 25 basis points to a range of 3.5%–3.75% at next week’s meeting. However,...
Trump Teases Early-2026 Reveal of New Fed Chair
President Donald Trump said on Tuesday that he will announce his pick to replace Jerome Powell as Federal Reserve Chair early next year. His...
Gold Pulls Back After Jumping on Rate Cut Hopes and Fed...
Gold prices slipped slightly on Thursday, easing after a strong rally earlier in the week. Investors grew more confident that the U.S. Federal Reserve...
Gold Pulls Back After Explosive Rally on Rate-Cut Hopes
Gold prices slipped slightly in Asian trading on Thursday, easing after a strong run earlier in the week. The market remained supported by growing...
Trump Likely to Reveal Fed Nominee by Christmas, Says Bessent
U.S. Treasury Secretary Scott Bessent said on Tuesday that he expected to complete a second round of interviews for the next Federal Reserve chair...
Fed Chair Succession Debate Intensifies as Trump Increases Pressure on Powell
President Donald Trump intensified his criticism of Federal Reserve Chair Jerome Powell on Wednesday, putting the spotlight on the future of the central bank’s...
Trump Slams Fed Chair Powell Again: ‘I’d Fire Him’
U.S. President Donald Trump intensified his criticism of Federal Reserve Chair Jerome Powell on Wednesday. He argued that Powell has been too slow to...
