Rep. Jim Himes (D-Conn.) said Sunday that a White House insider is warning President Trump of a “massive market reaction” if he fires Federal Reserve Chair Jerome Powell. “I mean, what

What matters in U.S. and global markets today By Mike Dolan, Editor-At-Large, Finance and Markets Wednesday's market drama on reports of an imminent ouster of Federal Reserve Chair Jerome Powell has calmed quickly,

Deutsche Bank published an explosive research note over the weekend titled simply, “What if ?” (And yes, it includes that idiosyncratic use of extra spaces in front of the question mark.) Written by Global Head of FX Research George Saravelos,

President Trump has backed off of his threats to fire Federal Reserve Chair Jerome Powell — for now. The president appeared to reach a breaking point with Powell last week when he told Republican

Market reactions to Powell speech. By Reuters. August 25, 2023 3:14 PM UTC Updated August 25, 2023 ... MARKET REACTION: STOCKS: The S&P 500 , opens new tab edged higher and was recently up 0.1%.

What was surprising though was how the market reacted to Powell’s words. When you look at the comparative one-day chart for the Nasdaq and Dow Jones ETFs, QQQ and DIA , a couple of things stand out.

Wall Street approved of President Joe Biden’s intention to nominate Jerome Powell for a second term at the helm of the Federal Reserve. But the initial jolt in the stock market didn’t last ...

The market is second-guessing its dovish reaction to Powell. This analyst says the Fed could slash rates by as much as 4 percentage points. Critical information for the U.S. trading day

The market reacted as it did because he finally admitted it, but one assumes they were smart enough to know it was true before Powell “central-banker-splained” it to them.