Tag: Powell
Dollar rises from 4-year low versus euro; Powell remarks in focus
The US dollar rose on Wednesday as investors waited to see whether Federal Reserve Chair Jerome Powell would back market expectations for a dovish...
Fed still on track for Sept rate cut after Trump’s move on Cook
President Donald Trump’s attempt to fire Federal Reserve Governor Lisa Cook is unlikely to affect the US central bank’s path toward cutting interest rates...
S&P 500 ends higher after Trump attacks Fed; Nvidia climbs
The S&P 500 ended higher on Tuesday, lifted by Nvidia and Eli Lilly, while US President Donald Trump’s decision to fire a central bank...
WORLD’S CENTRAL BANKERS FEAR BEING CAUGHT IN FED’S STORM
JACKSON HOLE, Wyoming — Global central bankers gathered at a US mountain resort over the weekend are starting to fear that the political storm...
CHINA SURGE LEADS ASIA STOCKS HIGHER, NVIDIA A HURDLE
SYDNEY — Chinese shares led Asia higher on Monday as investors gave a cautious welcome to the likely resumption of US interest rate cuts,...
