The fight over Jerome Powell puts Elon Musk at odds with Wall Street
The markets are a strong counter to Musk's influence and Trump's inclination to undermine the Federal Reserve, Wall Streeters told BI.
European markets ease as Powell says no hurry to cut rates; UK GDP ticks up slightly
The inflation rate in France increased to 1.20% in October from 1.1% in September. The GDP in the UK expanded 0.1% on quarter ...
U.S. Stocks Headed for Losses as Powell Punctures Trump Rally
The Trump trade looks to have temporarily run out of steam. U.S. stock futures were pointing to losses early on Friday, continuing a drop started the previous day by producer-price inflation data and ...
Jerome Powell says US Federal Reserve in no ‘hurry’ to lower interest rates
Jerome Powell backed a gradual approach to lowering interest rates, saying the US central bank does not need to be “in a ...
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Powell says Fed will likely cut rates cautiously given persistent inflation pressures
Chair Jerome Powell says the Federal Reserve will likely cut its key interest rate slowly and deliberately in the coming ...
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No rate cut by US Fed in next FOMC meet? ‘Economy is not signalling...’ – Chair Jerome Powell’s BIG hint
Speaking at an event at Dallas in Texas, Powell highlighted that ongoing economic growth, a solid labour market, and ...