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Fed's Jerome Powell Isn't Budging On Rate Cut Despite Trump's Bashing And Pressure — Here's Why
Wednesday, April 23, 2025 - 4:51am | 594Read More...Despite President Donald Trump‘s persistent criticism, Federal Reserve Chairman Jerome Powell is not rushing to cut interest rates. What Happened: Trump has been outspoken on social media, referring to Powell as “Mr Too Late” and “a major loser” for what he sees as a...
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Why is Consumer Credit Not Affecting The Markets?
Friday, October 7, 2011 - 3:18pm | 261Read More...The August U.S. Consumer Credit report came out a few minutes ago, and it came in well below expectations, as consumer credit fell $9.5 billion, versus estimates of a gain of $8.0 billion. This is the largest drop since April 2010, with both revolving and non-revolving credit declining. Non-...
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Bernanke Expects Better Recovery, Stable Inflation In 2011
Tuesday, March 1, 2011 - 12:14pm | 375Read More...Federal Reserve Chairman Ben Bernanke testified before a Senate hearing today, citing Middle East instability as a reason for modest recent price increases, consistent with the predictions of private forecasters. Bernanke noted an unwavering commitment to price stability and a rate of inflation...
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US Stock Futures Move Up, Despite Greece Concerns
Thursday, May 6, 2010 - 9:16am | 290Read More...US stock futures saw modest gains today, after two sessions of extensive losses. The markets are, however, facing hurdles such as huge losses in Asia, the release of economic data and a European Central Bank meeting. While futures for the Dow Jones Industrial Average rose 6 points to 10840, those...
