Jerome Powell
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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CNBC Daily Open: Expectations of Jerome’s rate cuts weren’t built in a day
A glimpse of a shadow of a suggestion that the Fed might start lowering interest rates again was enough to send U.S. stocks surging and Treasury yields falling. Source
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CNBC Daily Open: All roads lead to Jerome Powell
Federal Reserve Chairman Jerome Powell is seen walking in Grand Teton National Park near Jackson Hole, Wyoming, on August 22, 2025. Natalie Behring | Getty Images News | Getty Images Since inflation in America peaked at 9.1% in June 2022, the U.S. Federal Reserve has made controlling price increases — by keeping interest rates high […]
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Why Fed chief Powell’s rate cut signal lifted our non-tech stocks the most
It was a topsy-turvy week for Wall Street, saved by a big Friday rally. The market was looking at a weekly loss at Thursday’s close. But a day later, Federal Reserve Chairman Jerome Powell came through, hinting at possible interest rate cuts ahead. His speech on Friday at the central bank’s economic symposium in Jackson […]
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Buy these outperforming stocks with room to run, says UBS
As earnings season winds down, investors should be on the lookout for some stocks that might still have room for upside, according to UBS. Stocks rallied on Friday , spurred by Federal Reserve Chair Jerome Powell’s comments in Jackson Hole, Wyo. that suggested the central bank may begin adjusting its policy stance . Even with […]
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