The fight over Jerome Powell puts Elon Musk at odds with Wall Street
The markets are a strong counter to Musk's influence and Trump's inclination to undermine the Federal Reserve, Wall Streeters told BI.
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Gold trades near two-month low as Powell flags rate-cut caution
Gold traded near a two-month low, as traders wind back expectations for a Federal Reserve interest-rate cut next month after ...
Live news: UK landlord Land Securities posts first rise in portfolio value for 2 years
US money market funds have hit an all-time high, adding $82bn in the week ending on Wednesday to bring total assets to $6.67tn, according to the Investment Company Institute. The increase was the ...
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Powell says Fed will likely cut rates cautiously given persistent inflation pressures
Chair Jerome Powell says the Federal Reserve will likely cut its key interest rate slowly and deliberately in the coming ...
Dollar sits atop one-year peak as Powell sends yields up, shares hesitant
The U.S. dollar extended its broad rally early on Friday, towering at one-year highs as a hawkish turn from the Federal ...
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No rate cut by US Fed in next FOMC meet? ‘Economy is not signalling...’ – Chair Jerome Powell’s BIG hint
Speaking at an event at Dallas in Texas, Powell highlighted that ongoing economic growth, a solid labour market, and ...