Fed, Powell and Jackson Hole
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One of this week's big events is Federal Reserve Chair Jerome Powell's speech at the central bank's annual symposium in Jackson Hole, Wyo., on Friday, and he may turn out to be less inclined to cut interest rates than many think.
All eyes are on Jerome Powell this week as he prepares to make a major speech in this week where investors are hoping to gain insight into rate cuts.
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Money Talks News on MSNIs Trump Positioning Fed Chair Powell As Economic Fall Guy?
Trump's criticism of Jerome Powell comes as his tariff policies begin impacting markets. By focusing blame on the Fed, Trump shields his trade agenda from scrutiny if economic troubles emerge.
President Donald Trump said he’s looking at a “major lawsuit” against Federal Reserve Chair Jerome Powell over the agency’s over-budget remodel of its Washington headquarters, which has become a prominent attack line for Trump and his allies against Powell.
U.S. stocks remain near unchanged, digesting last week's gains. Investors look to key earnings and an annual Fed conference for direction this week.
Ga., plans to introduce his TOO LATE Act, which would change the Federal Reserve Act to give President Donald Trump more wiggle room to fire Federal Reserve Chair Jerome Powell.
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Investor's Business Daily on MSNDow Jones Futures: Fed Chief Powell's Speech Looms; Tesla, Micron, AppLovin Eye New Buy Points
The stock market is at highs, with Fed chief Powell set to give a big speech. Tesla, Micron and AppLovin are forging new buy points.
U.S. stock futures are lower after last week's gains on increased expectations for a Federal Reserve rate cut in September.