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.
The Edge Singapore12m
Gold trades near two-month low as Powell flags rate-cut caution
Gold traded near a two-month low, as traders wind back expectations for a Federal Reserve interest-rate cut next month after ...
Dollar sits atop one-year peak as Powell sends yields up, shares hesitant
The U.S. dollar extended its broad rally early on Friday, towering at one-year highs as a hawkish turn from the Federal ...
Stocks dip slightly as post-election enthusiasm fades
Some of the stocks that got the biggest bump from Trump's election also lost momentum. Tesla shares fell 5.8% for just its ...
The Iron Mountain Daily News1h
Powell: Fed will likely cut rates cautiously given lingering inflation pressures
Chair Jerome Powell said Thursday that the Federal Reserve will likely cut its key interest rate slowly and deliberately in ...
CNBC Daily Open: Powell's comments gave investors a reality check
Investors riding high on the postelection rally and are now dragged down to earth by interest rate concerns, their landing ...
Stocks end lower after Powell throws cold water on hopes for December interest-rate cut
The Federal Reserve doesn’t need to rush to lower its benchmark interest rate, Fed Chair Jerome Powell said Thursday.
Dollar set for big weekly gain as Powell sends yields up, China data mixed
The U.S. dollar was poised for a big weekly gain on Friday, towering near one-year highs as a hawkish turn from the Federal ...
Powell Says Solid Economy Allows Fed to Consider Rate Cuts ‘Carefully’
The U.S. central bank has lowered interest rates by 0.75 point since September.
Stock market today: Indexes fall as Powell says the Fed is in no hurry to cut interest rates
Indexes slipped as traders zeroed in on remarks from Fed Chair Jerome Powell, who said the central bank is in no hurry to cut ...
EMEA Morning Briefing: Investors Parse Powell's Caution
"Now investors are looking back and analyzing what the actual impact of the election is, and they make their time to redo their portfolios and calls with the right sectors and international ...
Stock market today: Asian stocks climb after Wall Street’s post-election boom slows
Asian stocks were mostly higher on Friday after U.S. stocks slipped as the market’s big rally following Trump’s election ...