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 ...
Arabian Business53m
US Fed Chair Powell says no need to hurry rate cuts with economy strong
US Federal Reserve Chair Jerome Powell said the recent performance of the US economy has been “remarkably good”, giving ...
Stock Market Today: Dow futures point to second day of losses after Powell remarks
U.S. stock futures pointed to another day of losses Friday as investors absorbed the message of Fed Chair Jerome Powell that ...
Voters blamed Biden and Harris for rising costs. Was that fair? We asked economists.
“Biden/Harris don’t bear primary blame for the inflation,” said Jeffrey Frankel, a Harvard University economist. “Primary ...
What evidence tells us about the Fed’s independence and Trump
Powell has been robust with the president-elect, but the inflation-reducing benefits of independence are not entirely safe in the US ...
Dow futures slump again
U.S. stock futures pointed to another day of losses Friday as investors absorbed the message of Fed Chair Jerome Powell that the central bank may not pursue rate cuts aggressively. Dow Jones ...
Dollar rallies as Fed's Powell nixes rate cut bets
The dollar was set for its biggest weekly gain in over a month on Friday, supported by expectations of fewer Federal Reserve ...
European Midday Briefing: Powell Rate-Cut Caution Drags on Stocks
It said stability in the short end of the Treasury yield curve contrasts with volatility in the long end. With less than 75 basis points of Fed rate cuts priced for the upcoming year, the 2-year ...
US Stocks Have Already Reversed a Third of Post-Election Rally
A pullback in the S&P 500 that’s already trimmed about a third off the index’s post-election rally is set to continue Friday, ...
GBP/USD makes half-hearted bounce as USD traders take profit
GBP/USD retreats to support in the mid-1.2600s (red dashed line in the chart below) and makes a half-hearted stand. However, ...
AFP on MSN49m
Markets struggle at end of tough week
Asian markets stuttered Friday as data showing a pick-up in Chinese consumption was offset by concerns about US interest ...
Treasury yields tick higher as investors digest Powell’s comments, await further data
U.S. Treasury yields rose on Friday as investors digested Federal Reserve chair Jerome Powell's latest comments, and await further economic data.