USD/CAD remains under pressure as Fed’s Powell signals that he is open to monetary policy adjustments.Fed Powell’s dovish interest rate guidance has battered the US ...
The Dow Jones shattered price records on Friday, hitting above 45,700 for the first time ever.Equities and general risk appetite soared after Fed Chair Powell made a dovish ...
EUR/USD rallies nearly 1% as Powell signaled policy flexibility and acknowledged downside risks in the US labor market.Traders boosted odds of a 25 bps Fed cut in September to ...
Gold prices rallied sharply after Powell’s dovish tone highlighted employment risks despite persistent upside risks to inflation.Traders priced in a 90% probability of a 25 ...
President Donald Trump reversed his opposition to the Federal Reserve’s $2.5 billion renovation of its headquarters after touring the Washington, D.C., project site on Thursday. The massive and ...
The administration has repeatedly criticized Jerome H. Powell, the chair of the central bank, for his handling of the economy and the cost of renovations at the institution’s headquarters.
Citing multiple sources with direct knowledge of the matter, CBS News reported on Wednesday that United States (US) President Donald Trump asked Republican lawmakers whether ...
US PPI slows to 2.3% YoY, reigniting July Fed cut speculation.Trump reportedly considers removing Fed Chair Powell, adding to market volatility.UK CPI jumps to 3.6% YoY, the ...
A daily roundup of the best stories and cartoons by Daily Kos staff and contributors to keep you in the know.
Trump really, really wants to tank the economy
And like so much of ...