News list for " Powell Heavy"
On April 22, as Trump attacked Federal Reserve Chairperson Powell as a complete loser in TruthSocial and demanded an immediate interest rate cut or even consideration of removal, the market worried about the damage to the Fed's independence, and the dollar index (DXY) quickly fell below 98, hitting a new low in nearly three years. Under the high risk aversion, spot gold once soared more than $100 to $3,481.34 per ounce, a record high; mainstream cryptocurrencies received a return of funds. Bitun...
Gold has risen for eight consecutive weeks and hit new highs! Powell reiterated that there is no hurry, and the CPI has once again postponed the expectation of interest rate cuts. The conflict between Russia and Ukraine is expected to take a major turn, with the Prime Minister threatening an ultimatum, and Trump introducing reciprocal tariffs... What stimulus markets did you miss this week?
Powell reiterated that there is no need to rush to adjust interest rates, and it plunged more than $40 during the golden day! Iran warned to close the oil transportation route, and Ukraine planned to exchange part of the controlled land with Russia... What major events happened in the world last night and this morning?
On the eve of Powell's bombshell speech, the US index and US bond yields rebounded together, and gold fell by more than 1%! The latest US economic data are mixed, and Federal Reserve officials say the pace of interest rate cuts will be gradual... What major events have happened around the world last night and this morning?
