Powell
(Reuters) -U.S. stock futures were subdued on Wednesday, after the Nasdaq 100 closed at a record high a day earlier on Israel and Iran signaling their air war had ended, and as investors awaited more comments from Federal Reserve Chair Jerome Powell. All three major indexes gained more than 1% on Tuesday and the benchmark […]
US economic activity continued to sink this month amid uncertainty around tariff policy. New data from S&P Global out Wednesday showed its flash composite PMI output index for April — which captures activity in the services and manufacturing sectors — fell to 51.2, the . . .
US President Donald Trump says he has “no intention of firing” Jerome Powell after repeatedly criticising the head of the Federal Reserve. But he added that he would like Powell to be “a little more active” when it comes to cutting interest rates. Speaking in the Oval Office on Tuesday, Trump also said he is […]
US stocks and the dollar have dropped sharply as United States President Donald Trump’s attacks on the chief of the US central bank shake investors’ confidence in the world’s top economy. The benchmark S&P 500 fell 2.36 percent on Monday, one of the steepest one-day declines of the year. The tech-heavy Nasdaq Composite tumbled 2.55 […]
U.S. President Donald Trump speaks to the media during the annual White House Easter Egg Roll, on the South Lawn of the White House in Washington, D.C., U.S., April 21, 2025. Leah Millis | Reuters Yesterday’s edition of this newsletter cautioned that U.S. President Donald Trump’s desire to intervene in the Federal Reserve, as he […]
A teller counts U.S. dollar bank notes at a money changer in Jakarta, Indonesia, on April 9, 2025. Willy Kurniawan | Reuters The U.S. dollar continued its slide on Monday, falling to its lowest level since 2022, as global investors retreat from U.S. assets in the face of tension between President Donald Trump and the […]
Fed rates live: Powell says US central bank does ‘not need to be in a hurry’ to adjust policy stance  Financial Times Source link
(Bloomberg) — Tech stocks led an advance in US equity futures and traders looked ahead to remarks from Federal Reserve Chair Jerome Powell for clues on the outlook for interest rates. Most Read from Bloomberg Nasdaq 100 index contracts climbed 0.7%, buoyed by positive earnings news in the sector. S&P 500 contracts edged higher after […]
Live news: US stocks fall as Powell remarks and data prompt rate cut rethink  Financial Times Source link
Trump walks back on Powell firing comments; Vance says U.S. may drop Ukraine-Russia peace talks
Black Hot Fire Network
April 23, 2025
Treasury Secretary Scott Bessent asserted this morning that the Trump administration’s mantra of “America first” does not mean that it wants to be isolationist. He argued that it means the opposite. “America first does not mean America alone. To the contrary, it is a call for deeper collaboration and mutual respect among trade partners,” Bessent […]