Jerome Powell

Fed Chair Powell Didn’t See This Move Coming

President Donald Trump renewed his threat to fire Federal Reserve Chair Jerome Powell, escalating a standoff with the central bank over interest rates and economic policy. Speaking from the Oval Office Thursday, Trump criticized Powell for not cutting rates and declared, “If I want him out, he’ll be out of there real fast, believe me.”

U.S. Stocks Plunge After Fed Cuts Rates and Signals Slower Reductions

U.S. stocks fell sharply on Wednesday, erasing earlier gains after the Federal Reserve announced a 25 basis point rate cut and projected a slower pace of rate reductions for next year.

Tech Rally and Powell’s Optimism Drive U.S. Stock Indexes to Record Highs

All three major U.S. stock indexes closed at record highs on Wednesday, fueled by a strong rally in technology shares and encouraging comments from Federal Reserve Chair Jerome Powell. Salesforce’s positive earnings report and upbeat market sentiment contributed to the surge, while Powell’s remarks on the economy provided an additional boost.

Trump Vows to Make the U.S. the ‘Bitcoin Superpower of the World’

Former President Donald Trump said over the weekend that he plans to make the United States the "crypto capital" and "bitcoin superpower of the world."

Central Bank Digital Currency a ‘Key Duty’ of Federal Reserve

The U.S. Federal Reserve shared with Congress that one of its "key duties" is to establish a central bank digital currency (CBDC).

Data Distrust: Declining Survey Participation Sparks Concern Over Government Statistics

Mark Twain's timeless observation rings true: "There are three kinds of lies: lies, damned lies, and statistics." Yet, the skepticism toward government-published statistics is...

Fed Chair Powell Optimistic on Economy, Indicates Potential Rate Adjustments

Federal Reserve Chair Jerome Powell stated in an interview aired Sunday night that the Fed is set to reduce interest rates three times this...

Disney Shares Plunge to Nine-Year Low Amid Company’s ‘Woke’ Push

On Thursday, Disney shares took a 3.9% hit.

U.S. Inflation Rises to 3.2% Under Biden

Digging deeper into the data, "core inflation," which excludes the often fluctuating prices of food and energy, rose to an alarming 4.7% for the year.

‘Will The Fed End Trump?’: Ron Paul

"As powerful as the intelligence agencies are, there is another secretive government institution that also has great ability to harm, or help, politicians: the Federal Reserve," writes Dr. Paul.

Latest news

- Advertisement -spot_img