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Jerome Powell

Jerome Powell

Trump Considers Lawsuit Against Fed Chief Powell Over Renovation Costs

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.
Trump Considers Lawsuit Against Fed Chief Powell Over Renovation Costs

Fed Board Member Adriana Kugler Resigns Early

Adriana Kugler, one of the members of the US central bank Federal Reserve's (Fed) board, will leave on August 8, reports American media. .
Fed Board Member Adriana Kugler Resigns Early

Trump Criticizes Fed Chief Powell Again on Social Media

USA's president Donald Trump's quarrel with the central bank chief Jerome Powell continues. Now he takes it a step further.
Trump Criticizes Fed Chief Powell Again on Social Media

Fed Keeps Interest Rate Unchanged Amid Internal Disagreement

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.
Fed Keeps Interest Rate Unchanged Amid Internal Disagreement

Stockholm Stock Exchange Closes Week with Gains Led by Hexagon

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.
Stockholm Stock Exchange Closes Week with Gains Led by Hexagon

Trump Says Firing Fed Chief Powell Unnecessary

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.
Trump Says Firing Fed Chief Powell Unnecessary

Wall Street Hits New Record Levels Amid Strong US Labor Market

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.
Wall Street Hits New Record Levels Amid Strong US Labor Market

Bessent Backs Powell Amid Trump's Call for Resignation

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.
Bessent Backs Powell Amid Trump's Call for Resignation

Asian Markets React to Wall Street Slump with Mixed Performance

Development was mixed on Asia's leading stock exchanges in Thursday's initial trading, following yesterday evening's volatile trading on Wall Street. .
Asian Markets React to Wall Street Slump with Mixed Performance

Trump Reportedly Near Firing Powell, But Denies It

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 Reportedly Near Firing Powell, But Denies It

Trump Begins Process to Replace Fed Chief Jerome Powell

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.
Trump Begins Process to Replace Fed Chief Jerome Powell

Fed Chief Maintains Interest Rates Amid Tariff Uncertainty

The uncertainty is still too great about how President Donald Trump's import tariffs affect. Beth Hammack, head of the Federal Reserve (Fed) central bank's department in Cleveland, thinks it's still too early to lower the USA's interest rate.
Fed Chief Maintains Interest Rates Amid Tariff Uncertainty

US Inflation Rises to 2.7% in May as Consumption Declines

Core inflation in the USA rose to 2. 7 percent in May according to the so-called PCE measure.
US Inflation Rises to 2.7% in May as Consumption Declines

H&M and Saab Drive Stockholm Stock Exchange Gains

The Stockholm stock exchange rises with the defense group Saab and the clothing chain H&M as locomotives. The broad OMXS index had at closing gone up 0.
H&M and Saab Drive Stockholm Stock Exchange Gains

Trump Considers Early Announcement of New Federal Reserve Chief

USA's president Donald Trump is considering announcing the next head of the central bank Federal Reserve (Fed) prematurely, reports The Wall Street Journal. The purpose would be to undermine the current head Jerome Powell's monetary policy.
Trump Considers Early Announcement of New Federal Reserve Chief

Powell: Higher Tariffs Likely to Increase US Prices

The head of the US central bank Federal Reserve (Fed) Jerome Powell is standing firm, despite new attempts at pressure from the US President Donald Trump. There is no rush to lower the interest rate, is the message in the speech Powell will hold in the congressional finance committee this afternoon.
Powell: Higher Tariffs Likely to Increase US Prices

Asian Stock Markets Decline Amid Middle East War Concerns

Development pointed mostly downward on the leading Asian stock exchanges in the initial Thursday trading. Concerns of a broader war in the Middle East characterize the market mood.
Asian Stock Markets Decline Amid Middle East War Concerns

US Stock Market Shows Mixed Reactions After Fed Interest Rate Decision

Wall Streets leading index closed both up and down since the US central bank Federal Reserve (Fed) as expected announced that the interest rate remains unchanged – but still expects two cuts this year. .
US Stock Market Shows Mixed Reactions After Fed Interest Rate Decision

US Interest Rate Holds Steady as Fed Signals Two Cuts This Year

The key interest rate in the USA remains unchanged by the central bank Federal Reserve (Fed). At the same time, they still expect two cuts later this year.
US Interest Rate Holds Steady as Fed Signals Two Cuts This Year

US Stock Market Gains as Tesla Leads Technology Sector Rebound

The courses on the US stock exchange rose on Friday. Electric car manufacturer Tesla recovered from Thursday's huge loss and dragged the other major technology companies with it.
US Stock Market Gains as Tesla Leads Technology Sector Rebound

Trump Urges Fed to Cut Interest Rates Amid Higher Job Growth

It was created 139,000 new jobs outside the agricultural sector in the USA in May, shows a report from the USA's labor market department. It was more than expected.
Trump Urges Fed to Cut Interest Rates Amid Higher Job Growth

US Job Growth Slows in May with Only 37,000 New Jobs Added

The USA's labor market is clearly slowing down, new figures show. President Trump was quick to demand lower interest rates.
US Job Growth Slows in May with Only 37,000 New Jobs Added

Fed May Cut Rates if Trade Tensions Ease, Says Chicago Fed Chief

Austan Goolsbee, a member of the US central bank Federal Reserve's (Fed) board, says that the Fed can proceed with interest rate cuts if uncertainty surrounding trade policy subsides, reports Bloomberg. > I still think that if we can get past this shaky period, the dual mandate still looks pretty good to me, and I think we can be on that path, says Goolsbee, the Fed chief in Chicago.
Fed May Cut Rates if Trade Tensions Ease, Says Chicago Fed Chief

Trump Criticizes Fed Chair Powell for Not Lowering Interest Rates

President Donald Trump met Jerome Powell, head of the central bank Federal Reserve (Fed) on Thursday. And once again, Trump criticizes the unwillingness to accommodate his desire for the interest rate.
Trump Criticizes Fed Chair Powell for Not Lowering Interest Rates
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