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Analysis-Early Fed Chair Nomination Could Rattle Markets
According to online prediction market Polymarket, the top candidates are White House economic adviser Kevin Hassett; former Fed Governor Kevin Warsh; Judy Shelton, a former Trump pick for the Fed board whose nomination was withdrawn under President Joe Biden; and Treasury Secretary Scott Bessent.
Global markets exhibited mixed reactions as investors analyzed data on durable goods, employment, and consumer spending in ...
While Dow Jones and S&P 500 indexes closed in red, the tech-heavy index Nasdaq Composite ended mildly on a positive note.
US stocks slipped Wednesday to close mixed as Fed chair Powell testifies to Congress for a second day and Tesla's stock falls.
Fede Chair Jerome Powell did not discuss his expectations for monetary policy in his meeting with President Donald Trump.
President Trump hinted at a trade war deescalation with China and said he has "no intention of firing" Fed Chair Jerome Powell, sending stocks soaring on Wednesday.
Market reaction to Fed policy announcements The US Dollar Index edged slightly lower with the immediate reaction and was last seen losing 0.2% on the day at 98.62. US Dollar PRICE Today ...
Trump says he has ‘3 or 4' picks in mind to replace Fed’s Powell Trump did not elaborate on potential nominees to replace the central bank chief, whose term as chair ends in May 2026.
U.S. stocks are leaping as a worldwide rally comes back around to Wall Street. The rise comes following updates from President Trump about his plans for the Fed and his trade war.
Officials at the Federal Reserve left interest rates unchanged, as they brace for the effects of President Trump’s policies ...
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