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Jerome Powell

Jerome Powell

Fed Board Member Lisa Cook Sues Trump Over Dismissal Attempt
Business News

Fed Board Member Lisa Cook Sues Trump Over Dismissal Attempt

1 MIN READ
The American central bank Federal Reserve's (Fed) board member Lisa Cook has filed a lawsuit against President Donald Trump. This after his attempt to dismiss her
Ousted Fed Member Lisa Cook Sues Trump Over Firing
Business News

Ousted Fed Member Lisa Cook Sues Trump Over Firing

2 MIN READ
USA's president Donald Trump states that he has fired Federal Reserve member Lisa Cook. The message is a clear escalation in Trump's fight against the central bank
H&M Shares Drop 2.1% Amid Stockholm Stock Exchange Decline
Business News

H&M Shares Drop 2.1% Amid Stockholm Stock Exchange Decline

2 MIN READ
The Stockholm stock exchange fell on the first day of the trading week. The broad OMXS index decreased by 0,7 percent and the large-cap index OMXS30 lost 0,8 percent
Powell's Speech Spurs Record Gains on Wall Street
Business News

Powell's Speech Spurs Record Gains on Wall Street

2 MIN READ
The Central Bank chief Jerome Powell lit the starting rocket – and Wall Street ended the week with a record and substantial gains on renewed hope of an interest rate cut.
Powell Signals Potential Interest Rate Cut Amid Economic Uncertainty
Business News

Powell Signals Potential Interest Rate Cut Amid Economic Uncertainty

2 MIN READ
USA's central bank chief Jerome Powell opens the door ajar for an interest rate cut in his speech at the central bank meeting in Jackson Hole in Wyoming. The conditions may justify that we adjust our stance, he says
Stockholm Stock Exchange Rises 1.7% Following Global Market Trends
Business News

Stockholm Stock Exchange Rises 1.7% Following Global Market Trends

2 MIN READ
The Stockholm stock exchange went up in a multi-stage rocket on Friday. It started in the morning – to gain more momentum when the US central bank chief opened up for a rate cut in the afternoon
Asian Stocks Rise Ahead of Powell's Speech
Business News

Asian Stocks Rise Ahead of Powell's Speech

1 MIN READ
Wall Street Dips as Investors Await Powell's Speech on Interest Rates
Business News

Wall Street Dips as Investors Await Powell's Speech on Interest Rates

2 MIN READ
Uncertainty while waiting for the country's interest rate master, the central bank chief Jerome Powell. The New York stock exchange pricked up its ears ahead of Powell's speech on Friday – and the prices fell somewhat
Stockholm Stock Exchange Continues Downward Trend
Business News

Stockholm Stock Exchange Continues Downward Trend

2 MIN READ
The Stockholm stock exchange continued to decline on Thursday and the broad OMXS index closed at a minus of 0. 3 percent
Trump Seeks Fed Chief Favoring Lower Interest Rates
Business News

Trump Seeks Fed Chief Favoring Lower Interest Rates

3 MIN READ
The list of candidates is long when the US President Donald Trump will choose a replacement for the Fed chief Jerome Powell. But all have one thing in common - the desire to lower the interest rate
Tech Stocks Continue to Decline on Wall Street Amid Investor Concerns
Business News

Tech Stocks Continue to Decline on Wall Street Amid Investor Concerns

2 MIN READ
The negative trend on the New York stock exchange continued on Wednesday. Another heavy day was recorded for the major technology companies
Fed Weighs Inflation Against Jobs in July Interest Rate Decision
Business News

Fed Weighs Inflation Against Jobs in July Interest Rate Decision

1 MIN READ
There were differences of opinion on how much focus should be on the labor market and inflation, respectively, shows the protocol from the American central bank Federal Reserve's (Fed) interest rate meeting in July.
Stockholm Stock Exchange Closes Down 0.2% Amid Market Fluctuations
Business News

Stockholm Stock Exchange Closes Down 0.2% Amid Market Fluctuations

2 MIN READ
The Stockholm stock exchange fluctuated up and down during Wednesday but at closing the broad OMXS index was at minus 0. 2 percent
Trump Considers Lawsuit Against Fed Chief Powell Over Renovation Costs
Business News

Trump Considers Lawsuit Against Fed Chief Powell Over Renovation Costs

1 MIN READ
A "greater atmosphere" in court can be expected. President Donald Trump hangs a threatening sword over the central bank chief Jerome Powell – at the same time as he once again demands a lowered interest rate
Fed Board Member Adriana Kugler Resigns Early
Business News

Fed Board Member Adriana Kugler Resigns Early

1 MIN READ
Adriana Kugler, one of the members of the US central bank Federal Reserve's (Fed) board, will leave on August 8, reports American media.
Trump Criticizes Fed Chief Powell Again on Social Media
Business News

Trump Criticizes Fed Chief Powell Again on Social Media

1 MIN READ
USA's president Donald Trump's quarrel with the central bank chief Jerome Powell continues. Now he takes it a step further
Fed Keeps Interest Rate Unchanged Amid Internal Disagreement
Business News

Fed Keeps Interest Rate Unchanged Amid Internal Disagreement

2 MIN READ
The key interest rate in the USA remains unchanged by the central bank Federal Reserve (Fed). But the bank's board was not unanimous in Wednesday's decision: two members wanted to see a reduction of 0
Stockholm Stock Exchange Closes Week with Gains Led by Hexagon
Business News

Stockholm Stock Exchange Closes Week with Gains Led by Hexagon

2 MIN READ
The Stockholm stock exchange ended the trading week with light green numbers. With Hexagon as the locomotive, the OMXS index recovered after a day with mostly red numbers and closed up 0
Trump Says Firing Fed Chief Powell Unnecessary
Business News

Trump Says Firing Fed Chief Powell Unnecessary

1 MIN READ
USA's president Donald Trump implies that he has given up all thoughts of dismissing the central bank chief Jerome Powell. To do that is a big move and I do not think that it is necessary, he says according to CNBC
Wall Street Hits New Record Levels Amid Strong US Labor Market
Business News

Wall Street Hits New Record Levels Amid Strong US Labor Market

2 MIN READ
Again, the US labor market shows stubborn strength, which reduces the chances of a rate cut. At the same time, the New York stock exchange climbed to new record levels
Bessent Backs Powell Amid Trump's Call for Resignation
Business News

Bessent Backs Powell Amid Trump's Call for Resignation

2 MIN READ
USA's Finance Minister Scott Bessent gives clear support to the central bank chief Jerome Powell after Donald Trump's outburst that he should resign. If he wants to stay, I think he should, says Bessent to the TV channel Fox Business
Asian Markets React to Wall Street Slump with Mixed Performance
Business News

Asian Markets React to Wall Street Slump with Mixed Performance

1 MIN READ
Development was mixed on Asia's leading stock exchanges in Thursday's initial trading, following yesterday evening's volatile trading on Wall Street.
Trump Reportedly Near Firing Powell, But Denies It
Business NewsTop News

Trump Reportedly Near Firing Powell, But Denies It

2 MIN READ
USA's president Donald Trump will likely fire central bank chief Jerome Powell shortly, reports American media with reference to sources in the White House. Highly unlikely, counters Trump – but leaves the door ajar
Trump Begins Process to Replace Fed Chief Jerome Powell
Business News

Trump Begins Process to Replace Fed Chief Jerome Powell

2 MIN READ
President Donald Trump is again demanding a lower interest rate in the USA. A "formal process" has already been initiated to nominate a replacement for the central bank chief Jerome Powell, according to the USA's finance minister Scott Bessent
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