Trump, Powell
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Odds of Jerome Powell's removal hit new highs as Trump waves draft firing letter. Political pressure and inflation data drive markets into uncertainty.
Top voices on Wall Street have expressed alarm over the idea that Trump could fire Fed Chair Jerome Powell, emphasizing the need for Fed independence.
The New York Times was first to report, Trump waved a draft letter firing Powell during a meeting with House Republicans, and soliciting their opinions on whether he should proceed. The next day, Trump confirmed that was true: “I talked about the concept of firing him,
What Trump's feud with Fed Chair Powell means for markets, individuals. Russ Wiles. Arizona Republic. ... Concern over this issue contributed to a sharp stock market drop April 21.
After a turbulent first half of the year, here's what top strategists are forecasting for the next six months.
President Trump escalated his feud with Federal Reserve Chair Jerome Powell over interest-rate policy. On Wednesday, Powell said the recent market selloff was understandable given the uncertainty ...
Markets are dismissing inflation risks after Powell signaled rate hikes may slow, and investors aren't pricing in credit and earnings risk, El-Erian said. Business Insider My Markets Watchlist
Market Voices: Trump-Musk feud, Powell on tariffs, Lululemon-Costco Jul. 01, 2025 12:07 PM ET Tesla, Inc. (TSLA) Stock , COST Stock , LULU Stock , SPACE Stock , SPY , VOO US10Y , US2Y By: Val ...
Credit Market Risk Eases as Powell Quells Future Rate-Hike Fears. Inflation is still too high, but has moderated, Fed Chair said; Committee is looking to more data for clarity on cutting rates
Market Extra Powell managed to thread the needle on Wednesday — and stocks loved it. But risks could lie ahead. Lack of dissent on Fed’s rate-setting committee is one underappreciated risk to ...