Powell at Jackson Hole, Fed Minutes, Walmart Earnings
Digest more
Donald Trump is taking aim at a familiar adversary. The president complained about Jerome Powell in a new post on Tuesday night after weeks of back and forth surrounding the Federal Reserve chair. Trump claimed on Truth Social that Powell is “hurting” the housing industry “very badly”.
A potential candidate to succeed Federal Reserve Chair Jerome Powell, David Zervos, said that it’s inaccurate to describe the US central bank as independent, and characterized the outgoing Fed chief as aligned with the political left.
Trump accused Jerome Powell of harming the housing market and called for key interest rate reductions. His remarks come ahead of the Fed chair's speech at the Jackson Hole symposium.
Federal Reserve Chair Jerome Powell will speak Friday during an annual economic policy gathering to give his outlook on the economy. It’s a time of high uncertainty with inflation still
15h
Raw Story on MSNRaging Trump escalates attacks on Jerome Powell: 'People can’t get a mortgage!'
President Donald Trump once again attacked Jerome Powell, chair of the Federal Reserve, bemoaning Tuesday afternoon that Powell is "hurting the housing industry." Trump took to his Truth Social platform to take aim at Powell,
Investors are tracking talks aimed at ending the Russia-Ukraine war and awaiting Federal Reserve Chair Jerome Powell's speech at Jackson Hole at the end of the week.
The stock market is heading into a catalyst-filled week as Fed Chair Jerome Powell gets ready to speak at Jackson Hole and big retailers report earnings.