Tag: Federal Reserve
Dow soars over 700 points after Powell’s Jackson Hole speech, on track to blow past all-time high
Wall Street is rallying on Friday after the head of the Federal Reserve indicated the cuts to interest rates that investors and President Donald...
Moments after Jerome Powell’s latest speech, Trump threatens to fire Fed governor Lisa Cook if she doesn’t resign
Moments after Federal Reserve Chair Jerome Powell’s closely watched speech at the Jackson Hole symposium on Friday, President Donald Trump dramatically escalated his ongoing...
Powell says ‘shifting balance of risks’ may warrant a sooner rate cut
Federal Reserve Chair Jerome Powell on Friday opened the door ever so slightly to lowering a key interest rate in the coming months but...
Monetary policy is not about interest rates, it’s about the money supply
The ongoing feud between President Trump and Fed Chairman Jerome Powell centers on interest rates. This tells us more about the near-universal view of...
Trump once again gets fresh ammunition in his fight with the Fed, calling on Governor Lisa Cook to resign over mortgage-fraud claims
President Donald Trump on Wednesday called on Federal Reserve governor Lisa Cook to resign after a member of his administration accused Cook of committing mortgage fraud.
Bill...
President Trump may want a lower base rate on behalf of consumers, but it sure is convenient for national debt too
It’s true the housing market has ground to a halt. And at some point, a lower base rate could improve the mortgage offers made...
Home Depot says tariff price increases are coming and customers are putting off larger home-improvement projects as worries about the economy fester
Home Depot customers are putting their big home-improvement projects on hold as worries about the economy and interest rates have them sticking to smaller...
Wall Street is banking that Powell will signal a rate cut at Jackson Hole—but the closer it gets, the less likely it looks
Markets were hoping for a further signal of their estimations this week, at the Jackson Hole Symposium held by the Federal Reserve Bank of...
Dow futures rise as updates this week from the Fed and top retailers will test Wall Street’s big rally
U.S. stock futures pointed higher on Sunday evening ahead of a critical stretch for markets as investors brace for fresh clues on rate cuts...
Fed Chair Jerome Powell may seriously disappoint Wall Street at Jackson Hole
All eyes will turn to Federal Reserve Chairman Jerome Powell on Friday, when he is scheduled to deliver a highly anticipated speech at a...