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Jerome Powell

Jerome Powell

The stock market rose - Swedbank pulled the strings
Business News

The stock market rose - Swedbank pulled the strings

The Stockholm Stock Exchange's broad OMXS index rose 1. 7 percent on Thursday, led by Swedbank
Anna Breman criticized by New Zealand foreign minister for supporting Jerome Powell
Business News

Anna Breman criticized by New Zealand foreign minister for supporting Jerome Powell

Central bank governor Anna Breman is criticized by New Zealand Foreign Minister Winston Peters for supporting fellow central banker Jerome Powell.
Stock market falls marginally, Nobia share price collapses
Business News

Stock market falls marginally, Nobia share price collapses

The broad OMXS index on the Stockholm Stock Exchange fell 0. 1 percent on Wednesday, while gold and silver prices rose to record levels
US core inflation lower than expected in December
Business News

US core inflation lower than expected in December

Core inflation in the U. S
The idea about Powell: ongoing attack
Business News

The idea about Powell: ongoing attack

A number of central banks around the world, including the Swedish Riksbank, are showing their support for Federal Reserve Chair Jerome Powell in his conflict with President Donald Trump. Riksbank Governor Erik Thedéen says on SVT's "Aktuellt": "This is an ongoing attack on Powell personally
Skanska and Saab winners on stagnant Stockholm stock market
Business News

Skanska and Saab winners on stagnant Stockholm stock market

The broad OMXS index on the Stockholm Stock Exchange hovered around zero on Monday and closed unchanged.
Dollar plunges after Trump threatens Fed chief
Business News

Dollar plunges after Trump threatens Fed chief

Market anxiety spreads after the news that the U. S
S&P 500 hits new record as AI giants Nvidia and Broadcom lift Wall Street
Business News

S&P 500 hits new record as AI giants Nvidia and Broadcom lift Wall Street

AI giants once again pushed up prices on Wall Street on Tuesday - the broad S&P 500 index closed at a new record high with an increase of 0. 5 percent
Stock market up after US inflation figure
Business News

Stock market up after US inflation figure

Inflation in the US was 2. 7 percent in November
Trump: Kevin Warsh is top candidate for Fed chief
Business News

Trump: Kevin Warsh is top candidate for Fed chief

Kevin Warsh. Is that the name of the future head of the US central bank? Much now suggests so, since he seems to be US President Donald Trump's favorite
Third consecutive interest rate cut by the Fed
Business NewsTop News

Third consecutive interest rate cut by the Fed

The US Federal Reserve (Fed) has cut its key interest rate by a quarter of a percentage point to a range of 3. 50–3
Up on Wall Street – shaky for Nvidia
Business News

Up on Wall Street – shaky for Nvidia

All three major indexes on the New York Stock Exchange closed higher, despite some drama among tech giants on Tuesday. Nvidia jumped on reports that Google may be well on its way to competing strongly in the AI chip market
Unusually open division in the Fed ahead of interest rate decision
Business News

Unusually open division in the Fed ahead of interest rate decision

Another cut in the key interest rate – or not? On December 10, the US Federal Reserve (Fed) will put its foot down. The decision-makers now appear unusually divided – while the Fed chairman keeps his mouth shut
No inflation figures for October in the US
Business News

No inflation figures for October in the US

Important inflation statistics for October will not be released in the US. This means that important information for the Fed will be lost ahead of the decision on the policy rate in December
Fed cuts interest rates: "Pretty comfortable"
Business News

Fed cuts interest rates: "Pretty comfortable"

The US Federal Reserve (Fed) is cutting its key interest rate by 0. 25 percentage points to a range of 3
Wall Street swings after Fed statement
Business News

Wall Street swings after Fed statement

Leading indexes on the US stock market fell on Wednesday after Federal Reserve Chairman Jerome Powell said the market should not assume that the key interest rate will be lowered further in December.
Fed Minutes Reveal Disagreement on Future Interest Rate Cuts
Business News

Fed Minutes Reveal Disagreement on Future Interest Rate Cuts

The members were largely in agreement on the first interest rate cut of the year – but many also demanded caution due to concerns about inflation, according to the minutes from the September meeting of the US central bank Federal Reserve (Fed).
Fed Lowers Interest Rate by 0.25 Points, Signals More Cuts This Year
Business NewsTop News

Fed Lowers Interest Rate by 0.25 Points, Signals More Cuts This Year

USA's central bank Federal Reserve (Fed) lowered as expected the interest rate by 0. 25 percentage points
Court Rules Fed Member Lisa Cook Can Stay Amid Trump's Challenge
Business News

Court Rules Fed Member Lisa Cook Can Stay Amid Trump's Challenge

President Donald Trump's attempt to get rid of Fed member Lisa Cook before this week's interest rate decision fails. An appeals court has decided that Lisa Cook may continue in her position, at least temporarily, and thus be involved and vote on the key interest rate
Powell's Rate Signal Influences Swedish Households Too
Business News

Powell's Rate Signal Influences Swedish Households Too

A rate cut is in the cards, but what the American central bank says about the future can have a major impact also on Swedish households. The Stockholm stock exchange reflects much more how things look in the surrounding world than in the Swedish economy, says Maria Landeborn at Danske Bank
Trump Seeks Court Approval to Dismiss Fed Member Before Rate Decision
Business News

Trump Seeks Court Approval to Dismiss Fed Member Before Rate Decision

Donald Trump has been prevented from firing Federal Reserve member Lisa Cook. Now his administration is demanding that she be relieved of her duties before next week's interest rate decision
Trump Considers Three Candidates to Succeed Fed Chief Powell
Business News

Trump Considers Three Candidates to Succeed Fed Chief Powell

USA's president Donald Trump seems to have narrowed down his list of possible candidates to replace Fed chief Jerome Powell – and is now pointing out three top names.
Fed Board Member Lisa Cook Sues Trump Over Dismissal Attempt
Business News

Fed Board Member Lisa Cook Sues Trump Over Dismissal Attempt

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

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
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