Political pressure is high on Chairman Jerome Powell to do something in July. The question is how much.
Tag: Jerome Powell
Trump’s escalated conflict with China prompts legendary investor to shuck stocks for safe haven of government bonds.
In the face of White House pressure, Federal Reserve Vice Chair Clarida spells out the punk economy needed to loosen policy.
Expanded tariffs by both Washington and Beijing will affect ‘prices paid in stores,’ he says.
Celebrated bond investor decries ballooning federal debt, doubts GDP growth is as good as reported.
Despite political pressure to reduce them, the central bank seems tilted toward eventual hikes.
Due out Wednesday, they should indicate policymakers’ thinking on their rate hike pause.
Since he took over the Federal Reserve, stocks had dropped on days when its policymaking body wrapped up work—until yesterday.
When the market has been good before the ninth month, its poor rep doesn’t matter.
The conventional projection is for six more, though some want it to stop at three.
The Dow is up 4.6% since he took over, putting him in the middle for debut chairs.