Home Tags Jerome Powell

Tag: Jerome Powell

Trump says he will name former GOP presidential candidate and pizza-chain CEO Herman Cain to the Federal Reserve Board

Trump reportedly wants to select Herman Cain, the author of the so-called 9-9-9 tax plan and a former pizza-chain CEO, for the Federal Reserve Board.
This is Stephen Moore. He likes tax cuts.

Trump is planning to appoint a conservative economist to the Federal Reserve Board who has repeatedly called for all its members to be fired

President Donald Trump says he will nominate Stephen Moore, who recently criticized the Federal Reserve, for a top job at the US central bank.
Contained liquidity.

A $1.6 trillion credit market could batter the global economy. And you will take the hit if it implodes, not Wall Street.

Leveraged loans have caught a lot of heat in recent months as a potential cause of the next recession and broader financial doom, but what are they?
President Donald Trump and Federal Reserve Chair Jerome Powell

Trump got exactly what he wanted from the Fed, but for reasons he is going to hate

President Donald Trump has long wanted the Federal Reserve to pause interest-rate hikes, but he probably doesn't like the reason the Fed is giving.

Markets are reeling after a ‘bizarre’ Fed surprise

The Fed surprised traders by signalling there will be zero rate hikes this year and just one in 2020.
Powell repeated his dovish stance on rates over the weekend.

Stocks are getting a lift from China stimulus pledge and Powell comments — ‘We don’t feel any hurry’ on rates

Chinese and European stocks are edging higher, while US futures are gaining. Boeing's crash woes are set to drag the Dow lower.

Global markets are jittery as India-Pakistan tensions hit a near 50-year high

Pakistan said it had shot down two Indian jets in the disputed Kashmir region. The news dented earlier, Fed-driven gains in markets.
President Donald Trump will fall just short of his promised 3% annual GDP growth, according to the Federal Reserve.

Trump’s biggest economic goal once looked like a slam dunk — but now it’s looking like it will fall just short

Fed Chairman Jerome Powell said GDP is projected to be "a little less than 3%" in 2018, leaving the US just shy of President Trump's promised growth.
A composite image of President Donald Trump (left) and former Fed Chair Janet Yellen (right).

Former Fed Chair Janet Yellen says Trump doesn’t understand the Federal Reserve or economic policy

Janet Yellen, now at the Brookings Institution, told Marketplace that Trump doesn't have a basic grasp of macroeconomic policy or the Fed's goals.

Trump’s combative State of the Union ‘left traders empty-handed’ — markets are mixed as investors await GM earnings, Fed

US futures were lower Wednesday morning; traders had little to digest in the State of the Union address and were awaiting new comments from the Fed.