The S&P 500 and Nasdaq climbed to new record highs after Microsoft’s blockbuster earnings and investor confidence in artificial intelligence.
Read More Wall Street jumps as Microsoft enters $4 trillion club after resultsTag: Jerome Powell
Trump and Fed. Chair Powell clash over Federal Reserve renovation costs
President Donald Trump and Federal Reserve Chair Jerome Powell clashed on camera over Federal Reserve renovation costs.
Read More Trump and Fed. Chair Powell clash over Federal Reserve renovation costsEl secretario del Tesoro de Estados Unidos dice que Trump no planea despedir al presidente de la Reserva Federal
El secretario del Tesoro, Scott Bessent, sostuvo recientemente que el presidente Donald Trump no tiene intención de despedir al presidente de la Reserva Federal, Jerome Powell, a la luz de declaraciones previas de Trump en las que sugirió que deseaba que el presidente de la Fed renunciara.
Read More El secretario del Tesoro de Estados Unidos dice que Trump no planea despedir al presidente de la Reserva FederalBessent reiterates Trump doesn’t plan to fire Fed. Chair Powell: ‘He’s said that on numerous occasions’
Treasury Secretary Scott Bessent recently maintained that President Donald Trump has no intention of firing Federal Reserve Chair Jerome Powell—in light of previous statements made by Trump where he suggested that he wishes the fed chair would resign.
Read More Bessent reiterates Trump doesn’t plan to fire Fed. Chair Powell: ‘He’s said that on numerous occasions’S&P 500, Nasdaq near record highs as rate-cut bets creep up
Traders now price in a nearly 25% chance of the Fed cutting rates in July, compared with 12.5% last week, according to CME Group’s FedWatch tool.
Read More S&P 500, Nasdaq near record highs as rate-cut bets creep upTrump urges Fed Chair Powell to cut interest rates following disappointing jobs report
President Donald Trump is applying more pressure to Federal Reserve Chair Jerome Powell to cut interest rates after a Wednesday report showed job hiring slowed down last month.
Read More Trump urges Fed Chair Powell to cut interest rates following disappointing jobs report
