Jerome Powell
Europe markets set to open higher as investors assess Nvidia results
European stock markets are heading for a higher open Thursday, as investors assess an above-consensus quarterly earnings report from chipmaker Nvidia. The U.S.-listed firm, which makes products for tech giants including Microsoft, Google, Meta and Amazon, said sales growth this quarter will remain above 50% in a sign of the continued resilience of the artificial […]
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Fed’s John Williams stresses independence as Trump moves to fire Lisa Cook
New York Federal Reserve President John Williams on Wednesday stressed the importance of central bank independence as President Donald Trump looks to exert control over monetary policy. In a CNBC interview, the influential policymaker avoided commenting directly on Trump’s efforts to fire Fed Governor Lisa Cook but did note the important economic role the central […]
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European stocks rebound as traders eye Nvidia earnings
European markets opened higher Wednesday as traders gear up for a quarterly earnings report from chipmaker Nvidia. The Nasdaq-listed stock has become a bellwether for the global technology sector, particularly regarding the progress of the artificial intelligence boom, as its major corporate customers include Microsoft, Google, Meta and Amazon. Its value has soared in recent […]
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Fed mum on whether Lisa Cook is at the office after Trump removed her from board
The Board of Governors of the Federal Reserve System building in Washington D.C. on Aug. 26, 2025. Erin Doherty | CNBC The Federal Reserve was mum on Tuesday when asked whether Fed Board Governor Lisa Cook was at her office — or working remotely — a day after President Donald Trump said he had fired […]
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Lutnick suggests Lisa Cook’s refusal to accept Trump firing from Fed supports fraud claim
Lisa Cook, governor of the US Federal Reserve, during the Federal Reserve Integrated Review of the Capital Framework for Large Banks Conference in Washington, DC, US, on Tuesday, July 22, 2025. Al Drago | Bloomberg | Getty Images Commerce Secretary Howard Lutnick suggested Tuesday that Federal Reserve Board Governor Lisa Cook’s refusal to willingly leave […]
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French stocks slide as Paris government faces risk of collapse
European stock markets retreated on Tuesday morning, pulled down by French equities as traders monitored the potential for a no confidence vote in the government next month. France’s CAC 40 index plummeted more than 2% in early deals before paring losses to around 1.75%. The country’s three main opposition parties said they would not back a […]
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Trump says he’s removing Fed Governor Lisa Cook, cites mortgage fraud allegations
Lisa Cook, member of the Board of Governors of the US Federal Reserve, attends a Federal Reserve Board open meeting discussing proposed revisions to the board’s supplementary leverage ratio standards at the Federal Reserve Board building in Washington, DC, on June 25, 2025. Saul Loeb | AFP | Getty Images President Donald Trump on Monday […]
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Stock futures are little changed after major averages fall to start week: Live updates
Traders work on the floor at the New York Stock Exchange (NYSE) in New York City, U.S., August 21, 2025. Brendan McDermid | Reuters U.S. stock futures were little changed Monday night after the major averages slid to start the week, with investors awaiting Nvidia’s earnings and the Federal Reserve’s preferred inflation gauge in the […]
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Markets are sure the Fed will cut in September, but the path from there is much murkier
Key Points Friday’s booming rally turned into Monday’s reality check as investors weighed just how aggressive the Federal Reserve will be on lowering interest rates. The implied probability for another cut in October was just 42%. That second cut is about fully priced in for December, but there’s just a 33% expectation for three total […]
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European stocks trade lower; JDE Peet’s shares jump 17%
The Euronext trading exchange building in La Defense business district, west of Paris, on April 7, 2025. Thomas Samson | Afp | Getty Images European markets were lower to start the new trading week Monday as investors assessed the economic outlook after hopes of a Federal Reserve interest rate cut were boosted Friday. The pan-European […]
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