Tag: Jerome Powell
Trump axes Fed’s Lisa Cook as mortgage fraud scandal erupts
U.S. President Donald Trump announced on Monday evening that Federal Reserve Governor Lisa Cook was being removed from her post with immediate effect. Trump...
Dollar strengthens, but BofA warns Powell’s dovish tilt could bring downside
The U.S. dollar strengthened on Monday, but Bank of America (BofA) warned that further gains could be difficult, especially against major European currencies. Analysts...
US stock futures stable after Powell sparks Wall Street rally; Nvidia...
U.S. stock index futures held steady on Sunday evening after Wall Street posted strong gains on Friday, boosted by dovish comments from Federal Reserve...
Asian currencies tick lower after Powell fuels rate cut bets
Most Asian currencies slipped on Monday, easing back after the sharp gains seen late last week when Federal Reserve Chair Jerome Powell signaled a...
Gold prices dip following surge on Fed rate cut signals
Gold prices edged lower in Asian trading on Monday, giving back some of last week’s strong gains that were driven by dovish signals from...
Fed Chair Jerome Powell Suggests Rate Cut, Bitcoin Breaks Higher
Jerome Powell Signals Possible September Rate Cut at Jackson Hole, Bitcoin Surges Past $116K
Federal Reserve Chair Jerome Powell has suggested that a rate cut...
S&P 500 Rises After Powell Signals Possible September Rate Cut
S&P 500 Jumps as Powell Signals September Rate Cut and Treasury Yields Drop
The S&P 500 surged on Friday, supported by a sharp fall in...
Trump Warns He Will Dismiss Fed’s Cook if She Refuses to...
Trump Threatens to Fire Fed Governor Lisa Cook Over Mortgage Fraud Allegations
President Donald Trump said on Friday that he will dismiss Federal Reserve Governor...
European Stocks Hit 5-Month Peak as Powell Signals Possible September Rate...
European stocks ended Friday at their highest level in more than five months, boosted by expectations of a U.S. interest rate cut in September....
Powell Signals Possible Rate Cuts in Jackson Hole Speech
Powell’s Jackson Hole Speech Opens Door to Rate Cuts
Federal Reserve Chair Jerome Powell delivered one of the most anticipated speeches of the year at...
