Investinglive analyst Giuseppe Dellamotta said the recent more dovish-than-expected comments from Federal Reserve Chairperson Jerome Powell at the FOMC press conference provided support for gold prices. He played down inflation risks and highlighted weakness in the labor market, suggesting the Fed is optimistic about higher...
Speaking at the Mesa Sands Investment Forum at the Kennedy Center on November 20, Trump said he would love to fire Federal Reserve Chairperson Jerome Powell, but Treasury Secretary Scott Bescent stood in his way. Trump urged Bescent to "convince" Powell to lower interest rates as soon as possible, and threatened to fire Bescent if the Fed didn't cut rates. "You have to convince him that the only thing Scott messed up is the Fed. Because Fed interest rates are too high, Scott. If you don't fix th...
US President Trump: Would love to fire Powell, he is extremely incompetent, spending $4 billion to build a building, and my new White House ballroom project is much cheaper and larger. The current interest rates are too high, we should sue Powell over the cost of building the Federal Reserve.
President Trump said, I want Powell to step down now, and I think I already know who the new Federal Reserve chairperson will be.
The end of the shutdown deadlock is in sight, and the trend of the US dollar will be set by the follow-up CPI and non-farm data. Can the University of Michigan consumer confidence collapse and the confidence data weaken beyond expectations shake Powell's previous hawkish stance?
Powell clearly pointed out that the interest rate cut in December is not certain, and the hawks "wake up"! International trade sentiment improves, and the gold drama continues to shake. The ceasefire in Gaza is fragile, and the relationship between the United States and Japan has begun a "golden age"? Nvidia's market value has broken 5 trillion! What stimulus market did you miss this week?
Hawks cut interest rates again! The Federal Reserve fell for the second time in a row as scheduled, but Powell denied that the December interest rate cut was "DingTalk on the board". The "rift" inside and outside the Federal Reserve seems to be widening... A picture to understand the Federal Reserve's October interest rate decision
Powell's words turned cautious, and the golden day turned from up to down! South Korea and the United States reached a trade agreement, and Nvidia became the first company with a market value of more than 5 trillion dollars... What major events happened in the world last night and this morning?
The market's expected "sequential interest rate cuts" were poured cold water. The Federal Reserve cut interest rates as scheduled, but Powell turned cautious. He stressed that the December interest rate cut is not a DingTalk on the board, and the data vacuum needs to move forward cautiously and slowly. Click to view...
October 30 news, U.S. stocks closed on Wednesday, Powell's hawkish remarks disrupted the rally of U.S. stocks, the Dow index initially closed down 0.16%, the S & P 500 index slightly fell, and the Nasdaq index rose 0.55%. Google A (GOOGL. O) and NVIDIA (NVDA. O) rose nearly 3%, the latter closing market value stabilized $5 trillion. Western Digital (WDC. O) rose 13%. Nasdaq China Golden Dragon index slightly fell, iQIYI (IQ. O) rose 4%, Wenyuan Zhixing (WRD. O) fell 5%.