Powell mentioned the labor market 25 times at his press conference last week, mostly calling it 'solid'
Federal Reserve Chairman Jerome Powell mentioned the labor market 25 times during his press conference last week. Over and over, he called the labor market "solid" and "good." This week, economist Tim ...
Never Mind Amazon, Microsoft, Alphabet. Why the Stock Market Can Rise Without Them, and 4 Other Things to Know Today.
Despite Mag 7 names such as Google-parent Alphabet and software titan Microsoft dropping after earnings reports, the broader ...
Solid Labor Market Gives Fed Cover to Extend Rate Pause
Across a number of metrics, the labor market looks remarkably stable even as it has cooled. Monthly jobs growth has stayed solid and the unemployment rate has barely budged from its current level of 4 ...
Trump’s Executive Orders Leave Imprint on the Fed
The central bank has halted hiring to align with a White House directive and pulled back its work on climate change.
Fed Chair Powell to testify to Congress next week, his first appearance since July
Powell is set to testify before the Senate Banking Committee on Tuesday at 10 a.m. Eastern and to the House Financial ...
How The Immigration Surge Boosted The Economy
Key Takeaways President Donald Trump's hardline border policies and campaign of deportations could have a significant effect ...
Bessent on Powell: ‘I’m sure he’s going to do the right thing’
Treasury Secretary Scott Bessent said Thursday he wouldn’t be commenting on the Federal Reserve’s interest rate policies and expressed confidence in the central bank Chair Jerome Powell, ...
Fed Chair Jerome Powell under pressure from Donald Trump; can the President fire him as interest rates hold steady at 4.25%-4.5%?
The Federal Reserve kept interest rates steady at 4.25% to 4.5%, despite US president Trump's call for deeper cuts. Trump has ...
Stock Market volatility and Trump tariffs
Chuck Zodda from the Armstrong Advisory group discusses the stock market's volatility amid fears over the Trump ...
Fed Chair Jerome Powell Faces Trump's Pressure: 'The President Can't Fire Me' As Interest Rates Hold Steady At 4.25%-4.5%
Fed Chair Jerome Powell pointed to solid economic growth, a stable job market, and inflation that's easing but still a little high. Meanwhile, President Donald Trump isn't happy. He's been pushing for ...
Donald Trump is just one of the Fed’s problems
Federal Reserve Chair Jerome H. Powell faces four challenges at once, all of them daunting.
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Yields on gov’t debt drop
YIELDS on government securities (GS) declined across the board last week following strong demand for the Treasury’s dual-tenor bond offer and as the US Federal Reserve kept benchmark rates steady ...