Jerome Powell
How to protect your portfolio against risks tied to President-elect Trump’s tariff agenda
Money manager John Davi is positioning for challenges tied to President-elect Donald Trump’s tariff agenda. Davi said he worries the new administration’s policies could be “very inflationary,” so he thinks it is important to choose investments carefully. “Small-cap industrials make more sense than large-cap industrials,” the Astoria Portfolio Advisors CEO told CNBC’s “ETF Edge” this […]
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European markets set to open lower; UK GDP ticks up slightly
Aegon raises target after third-quarter beat Dutch insurer Aegon raised its full-year capital generation target Friday after reporting better-than-expected results in its U.S. business. Third-quarter operating capital generation, excluding allowances, came in at 336 million euros ($354.8 billion). Analysts polled by the company had expected a print of 296 million euros, according to Reuters. Aegon, […]
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Asia markets mixed as investors assess China economic data and Japan GDP after Wall Street falls
A view of the night scenery in Shanghai, China S3studio | Getty Images Entertainment | Getty Images Asia markets were mixed Friday as Wall Street fell after U.S. Federal Reserve Chair Jerome Powell indicated the central bank was in no rush to cut rates, with investors also assessing China and Japan economic data. Speaking in […]
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CNBC Daily Open: Powell’s comments gave investors a reality check
Jerome Powell, chairman of the US Federal Reserve, at Music Hall at Fair Park in Dallas, Texas, US, on Thursday, Nov. 14, 2024. Shelby Tauber| Bloomberg | Getty Images This report is from today’s CNBC Daily Open, our international markets newsletter. CNBC Daily Open brings investors up to speed on everything they need to know, […]
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CNBC Daily Open: Powell’s comments drag investors down to earth from postelection high
Jerome Powell, chairman of the US Federal Reserve, speaks during a conversation on the economic outlook at Music Hall at Fair Park in Dallas, Texas, US, on Thursday, Nov. 14, 2024. Shelby Tauber | Bloomberg | Getty Images This report is from today’s CNBC Daily Open, our international markets newsletter. CNBC Daily Open brings investors […]
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S&P 500 futures slip as index heads for losing week: Live updates
Traders work on the floor of the New York Stock Exchange at the opening bell on November 13, 2024, in New York City. Angela Weiss | AFP | Getty Images S&P 500 futures inched lower Thursday night as investors wondered what’s next for the market after the postelection rally wavered. Futures tied to the Dow […]
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Powell says the Fed doesn’t need to be ‘in a hurry’ to reduce interest rates
Key Points Federal Reserve Chairman Jerome Powell said Thursday that strong U.S. economic growth will allow policymakers to take their time in deciding how far and how fast to lower interest rates. “The economy is not sending any signals that we need to be in a hurry to lower rates,” Powell said in Dallas. Source
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Watch Fed Chair Powell speak live to business leaders in the Dallas area
[The stream is slated to start at 3 p.m. ET. Please refresh the page if you do not see a player above at that time.] Federal Reserve Chair Jerome Powell speaks Thursday to business leaders in the Dallas-Fort Worth area on monetary policy. Powell is delivering a speech followed by a Q-and-A session. The appearance […]
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The 2 things that will drive the stock market after last week’s Trump-Fed rally
President Donald Trump looks on as his nominee for the chairman of the Federal Reserve Jerome Powell takes to the podium during a press event in the Rose Garden at the White House, November 2, 2017 in Washington, DC. Drew Angerer | Getty Images Talk about an eventful week. Normally, when the Fed cuts interest […]
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‘#EndtheFed’: Elon Musk endorses plan to let presidents meddle with Federal Reserve after Trump election win
Tesla CEO Elon Musk (R) joins former U.S. President and Republican presidential candidate Donald Trump during a campaign rally at the site of his first assassination attempt in Butler, Pennsylvania, on Oct. 5, 2024. Jim Watson | Afp | Getty Images Tesla and SpaceX CEO Elon Musk, the billionaire backer of newly minted President-elect Donald […]
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